4 ms·
The article states that they get 2 years of free rent. In exchange, the property owner gets the use of the deposit money. From what I can tell, the scheme depe
by jimscard 4y ago
The article states that they get 2 years of free rent. In exchange, the property owner gets the use of the deposit money. From what I can tell, the scheme depends on property values going up, so that when one tenant leaves, the owner can get another tenant to put down a larger deposit, part of which they use to pay back the first tenant etc.
- hsbauauvhabzb 4y agoIsn’t this normally called a Ponzi scheme?
- mistrial9 4y agohttps://ko.wikipedia.org/wiki/%ED%8F%B0%EC%A7%80_%EC%82%AC%EA%B8%B0 https://ko.wikipedia.org/wiki/%ED%8F%B0%EC%A7%80_%EC%82%AC%E...
- deleted 4y ago[deleted]
- IncRnd 4y agoNo, this isn't close to a Ponzi scheme. A Ponzi scheme is fraud where profits are paid to earlier investors with funds from more recent investors.
- deleted 4y ago[deleted]
- fsckboy 4y agoyou mean simulated or pretend profits
- IncRnd 4y agoThe word profit refers to the profit of the earlier investors.
- fsckboy 4y agowhen fraud and bankruptcy courts unravel an investment scheme, they don't "claw back" distributed profits, but they do demand the return of the ponzi's payments that are meant to appear to be profits but were simply purloined from the earlier investors, is what I was referring to. The courts do not consider those to be profits.
- xyzzyz 4y agoIt does not. The landlord can just invest the deposit, and then return the principal to the tenant when he leaves, keeping the interest.
- JCharante 4y agoAt that point how is it better than the tenant investing the jeonse money and using the returns from the investment to pay rent?
- lifthrasiir 4y agoThe very existence of Jeonse affects monthly rents, making Jeonse a worthy candidate to consider to tenants.
- deleted 4y ago[deleted]