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Will be interesting to see how they build their management fee in, what realized fees look like, how units are valued and whether that price can be independentl
by dmw_ng 6y ago
Will be interesting to see how they build their management fee in, what realized fees look like, how units are valued and whether that price can be independently verified. Clearly the aim is to dress this up to feel like exchange trading, but there is no open market for some standardized unit of "fractional landlording", so presumably they are always on the other side of every transaction.
- londons_explore 6y agoI would happily be on the other side of many of their transactions... I imagine they'll be severely short of liquidity, and therefore there'll be a decent opportunity for anyone willing to provide that...