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Recently had a startup school interaction with this startup -- congratz on making it to the front page! Pretty interesting concept, although I don't know how i
by lettergram 7y ago
Recently had a startup school interaction with this startup -- congratz on making it to the front page!
Pretty interesting concept, although I don't know how it'll work long term, I'll be keeping an eye on this. Personally, I have my doubts that it'll really impact renters, but we shall see. Definitely should incentivize renters to be more careful to their homes, but for a few dollars back a month, I don't know if materially it'll impact poor renters.
- numakerg 7y agoIt could work if they have a very large portfolio in high-demand areas and can save on administration costs.
- jnordwick 7y agoSounds like they are buying the places that people wanted to move into so the fund will naturally own houses in demand to some extent.
- KennyCason 7y agoCorrect. It’s a little bit of both. We both select housing markets that meet various criterium we’ve set as well as seeing where customer demand drives us.