5 ms·

It should be cheaper, but more importantly, we've got to own a share. It should [also] work like that: you deposit say $200k, you get live in any location desc

It should be cheaper, but more importantly, we've got to own a share. It should [also] work like that: you deposit say $200k, you get live in any location described, later on you can sell your share at market price that factors in all the property Roam owns multiplied by your share. It's like instead of buying a home, you buy a slot in Roam. Of course you can make shares tiered.

ktothemc 11y ago
Yes, that is a very cool future vision. :) Difficult to execute at this particular moment in time, so seeing if people will bite at location-independent leases is a first step.
mikebelanger 11y ago
Yeah that's a neat idea. The only thing is: how is the market price calculated?
- guard-of-terra 11y ago
  Whatever people are ready to pay. Say you can sell and transfer your share to another person at any time.
JBReefer 11y ago
I would sign up for that tomorrow, depending on how much ongoing costs were. Definitely not at $1600, however.
kaybe 11y ago
There is Hapimag of Switzerland, who's been doing that for holidays in Europe for quite some time. Nearly impossible to get rid of the shares we inherited though.
- rdl 11y ago
  That's just a timeshare, right? Timeshare initial deposits are notoriously bad investments; the ongoing fees are sometimes closer to break even vs. other housing/hotel choices, but with less flexibility. (You can buy timeshares on eBay for close to $0) From their FAQ: " Is Hapimag a timeshare company? In legal terms, Hapimag is a public limited company whose shareholders are simultaneously the users of the offer. In this respect, Hapimag is a user- and not profit-oriented cooperative of like-minded people. Hapimag members purchase rights of residence for all Hapimag resorts. This idea has been successful for over 50 years. Hapimag is considered to be the inventor of points-based rights of residence and enjoys the reputation of a professional, trustworthy provider."

ktothemc 11y ago

Yes, that is a very cool future vision. :) Difficult to execute at this particular moment in time, so seeing if people will bite at location-independent leases is a first step.

mikebelanger 11y ago

Yeah that's a neat idea. The only thing is: how is the market price calculated?

guard-of-terra 11y ago
Whatever people are ready to pay. Say you can sell and transfer your share to another person at any time.

JBReefer 11y ago

I would sign up for that tomorrow, depending on how much ongoing costs were. Definitely not at $1600, however.

kaybe 11y ago

There is Hapimag of Switzerland, who's been doing that for holidays in Europe for quite some time. Nearly impossible to get rid of the shares we inherited though.

rdl 11y ago
That's just a timeshare, right? Timeshare initial deposits are notoriously bad investments; the ongoing fees are sometimes closer to break even vs. other housing/hotel choices, but with less flexibility. (You can buy timeshares on eBay for close to $0) From their FAQ: " Is Hapimag a timeshare company? In legal terms, Hapimag is a public limited company whose shareholders are simultaneously the users of the offer. In this respect, Hapimag is a user- and not profit-oriented cooperative of like-minded people. Hapimag members purchase rights of residence for all Hapimag resorts. This idea has been successful for over 50 years. Hapimag is considered to be the inventor of points-based rights of residence and enjoys the reputation of a professional, trustworthy provider."