4 ms·

Competition. I believe in English this business model is called "mortgage"

• ph0rque 17y ago
  Thanks for this English word. I believe there is a large number of people who don't want to buy a house in a particular area (either because of the fact that they'll be moving in a few years, lack of any sort of downpayment, or other reasons), but still need to live somewhere (and can afford to pay a certain monthly amount). This would be the market this service would be aimed at.
  • ErrantX 17y ago
    I'm still not sure I understand. Based on your other comment here your not proposing a huge network of houses etc. In which case the only difference with a mortgage (and changing mortgages) is a little less paperwork/legwork. Or am I missing the point?
    • ph0rque 17y ago
      To clarify, this hosting company doesn't go out and buy houses to then lease out... they would vet the mortgage in the beginning (or a customer would go to the bank to get a pre-qualified mortgage, if those things are still given out by banks) and when the customer moves, the company assumes ownership of the house to lease out to other customers or sell as it sees fit... I guess that risk on the company might be too much to assume.