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So... timeshares with an app, but they're suing to not be classified as a timeshare because nobody wants them in their neighborhoods and are thus banned. They
by tw04 5y ago
So... timeshares with an app, but they're suing to not be classified as a timeshare because nobody wants them in their neighborhoods and are thus banned. They can't actually explain how they aren't a timeshare, other than "trust us we aren't and unicorn disruption!"
>Potentially even more damaging to Pacaso's ambitions, however: timeshares are banned in many vacation communities around the nation. Hence, Pacaso has strong reasons to insist they are not a timeshare.
>"Unlike a timeshare model, the co-owners that Pacaso serves collectively own real estate, not time," says Ellen Haberle, Director of Community & Government Relations for Pacaso.
^^cool story bro. Except shared deeded ownership already exists in timeshare land, and you own a portion of the PROPERTY, not time. I can't tell if they're actually ignorant to what a timeshare is, or just hoping the judge is.
- JAlexoid 5y agoIf you don't want shared ownership for properties in your area - then advocate for the local government to buy out all of the properties... but that would be shared ownership of all properties. Imposing restrictions on forms of ownership is in itself a form of forced shared ownership.(If someone is going to tell me that I cannot sell my house to whoever I choose to, then I do not outright own my house)
- tw04 5y agoSo if I don’t want a chemical plant built on the property behind my house, I should advocate for the government to buy all the land rather than have zoning laws? That’s ridiculous. Nobody is telling you who you can sell your house to, they’re telling the person buying the house what they can do with it. That already exists basically everywhere.
- JAlexoid 5y agoYes, you should. And preferably, you should advocate on buying out that land and decide what to do with it. Otherwise you're free to sue the chemical plant for any chemical smells and damages. So if I want to sell my house to an LLC - I'm not allowed. Therefore your claim is factually false. Making my ownership just non-existent.