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Maybe it's just me, but it seems like fractional ownership schemes are big right now. I've seen articles in the last couple of weeks about Pacaso[0] and Ancana
by lastofthemojito 5y ago
Maybe it's just me, but it seems like fractional ownership schemes are big right now. I've seen articles in the last couple of weeks about Pacaso[0] and Ancana[1] for fractional ownership of vacation homes, and today came across AcreTrader - fractional ownership of farmland (complete with payments from the farmer who rents the land from the LLC).
[0]: https://news.ycombinator.com/item?id=28288668 https://news.ycombinator.com/item?id=28288668
[1]: https://news.ycombinator.com/item?id=28247379 https://news.ycombinator.com/item?id=28247379
- verdverm 5y agoI like to call it the financialization of everything. The rent seeking model is better for everyone. Jesus and Buddha didn't own anything.