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I think this could change the national dynamics. Try it in a place that people are not too keen to live in yet, like Detroit and lots of people would move to ge

by Kinnard 10y ago

I think this could change the national dynamics. Try it in a place that people are not too keen to live in yet, like Detroit and lots of people would move to get equity. This would take pressure off of in-demand places, and perhaps force them to adopt this to keep up eventually. Every lower tier location would have to adopt this to compete, if that happens, middle tier locations will start to adopt it, and if that happens . . . It also incentivizes people being better renters. Why would you want to damage your own house, in fact, you'd want to invest in it.

st3v3r 10y ago
I really don't think so. People can already move to Detroit for pretty cheap if they want to. They're not. In demand places are in demand for a reason. San Francisco has palatable weather year round. Detroit gets pretty damn cold for about half the year. Would you get some people moving to lower tier places for this? Probably. Would it be enough to actually have an effect on things? Probably not.