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Actually you can buy a fraction of a house: https://en.wikipedia.org/wiki/REIT https://en.wikipedia.org/wiki/REIT
by betterunix2 6y ago
Actually you can buy a fraction of a house:
https://en.wikipedia.org/wiki/REIT https://en.wikipedia.org/wiki/REIT
- nostrademons 6y agoCan't really live in a REIT though.
- betterunix2 6y agoNo, but the question was about assets, not housing. A house you own is an asset but your housing arrangement may not be (e.g. if you rent). So for example, a person might rent a place to live in and invest in a REIT to build real estate equity (assuming they specifically want such assets) if they cannot afford to buy an entire house (e.g. if they do not have the money to make a down payment).
- cdiddy2 6y agoYou can even buy a fraction of a house on ethereum! https://realt.co/ https://realt.co/