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is it not crypto. You paid with it in crypto no and you sell it for crypto no? stable coin is crypto? I don't know I still consider it part of crypto

Crypto is the type, which is on the blockchain.
The property is real, the deed / "S&P" agreement is real (by reputable legal service) but signed with the property agency that holds the property, but everything else transact into crypto stablecoins (USDC / USDT / xDAI) in its chain.
As long as the chain is up and it is still active, yes, it has value because the technology still has the value.

ya I get that but I feel it's crypto if you using stable coins to transact. if they didn't use stable coins and took bank transfer then i wouldn't consider it crypto