Your Next Landlord Could Be 100 Random People

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: Startups are buying properties and wooing first-time real estate investors to buy shares. The model could have real repercussions for renters.

Source: Wired.com

Date: Mar 30, 2023

Link: https://www.wired.com/story/arrived-fractional-investment-real-estate/?_hsmi=252508126&_hsenc=p2ANqtz-_6BxRUZp1vSN_Bh9FIR75GdG5FKWsByHxbC_DJZDAZmwMgmVCH8bsPs5FGOfillRcF-m8PKY-jKUpm8wARM0PD-Glm5NW2HTIr6kMQs_1UcPfQ4tE

Questions for discussion:

  • Summarize the pros and cons of this sort of business model, as described in the article.
  • What is the impact on rentals, according to the report?
  • Do you think the business model could be used in other areas of the economy?

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