I have just invented a financial instrument for young people to buy into the ever inflating housing market. I do an IPO of 49% of the market value of my home, 20,000 shares. Those shares then trade based on what traders think the value of the home is over time. If and when the home is sold, those shares get their equitable distribution. The home may never sell but regular people who can't afford their own homes can participate in the upside potential. Then do this at scale.

likefunnysmart
Posting as :
works at
You are currently posting as works at

You’re describing a REIT without the income distribution.

like

Awesome, I get fractional ownership of your laundry room. Really solving the housing affordability crisis.

The S&P 500 has outperformed real estate, as SD1 alluded to. This is dumb

like

this is the same concept as those companies that sell you “a piece of a historical land and for 39.99 you could own 5 square feet of king edmunds castle, we’ll even send you a certificate”

for context if the OP of this post reads it (not this comment) that company was later sued for fraud and lost so would not recommend this financial instrument

Guy came up with the concept of a time share but took away the few days you can stay there.

likefunny

Right?!

You do know there are housing and real estate REITS you can buy just like stocks?

like

Not saying you can join it. Just that no one else has any reason to buy your single house stock over a broad REIT for real estate exposure.

Vast majority of home aren’t available in a REIT…why would anyone care? There are some that are.

Also, the exchanges wouldn’t list you.

like

Yes because there’s a latent demand for the middle class to “invest” in towns they’ve never heard of.

Real estate syndication is a thing though, and dumb money has invested in way dumber things.

funny

How is this better than investing in the stock market?

You're missing the flip side that people could offer equity to raise a down payment

We figured this sort of thing out in 1961.

So you scam people into buying shares of your house, and then just never sell it by passing it in your will? What am I missing?

So timeshare but without ability to live in the property

Did you ever meet a new idea you liked?

funny

Most investors will have key questions on valuation, liquidity, control rights, and downside protection. If the home never sells or the owner adds debt/refinances, how do shareholders actually get paid and protected?

The vast majority of single family homes are not owned by reits. If I want to buy into the Atherton market because I think there is going to be growth in Atherton, but I make $100k/year the dream of owning a home in Atherton is distant. The rich are gonna get richer in that market. But if I could buy some shares of homes in Atherton then I'm sharing. And then if I make $500k hhi and Atherton is my dream neighborhood and it's a stretch to buy a home myself I can sell some equity shares to help with down-payment to buy into that market for my family. And I'm not planning to sell the house anytime soon but my equity is locked up. I could exercise a cash event by selling more shares mid ownership cycle. The value of all homes is defined by the handful that sell every year, but real time trading based on home value makes those market valuations realistic based on all homes in the neighborhood, not just the two that sell. I could day trade on 1234 fake street based on what the market thinks that actual house is worth today. Plans get announced to build a park next door, future value of that house skyrockets. Shares go up. I could sell. Owner could do buy backs too if they have insider knowledge of park to be built or basement water issue is about to be fixed.

Where do I sign?

Ummm. Have you ever heard of Arrived.com?

Related Posts

IBM
I have had salary discussion with IBM on 9th Feb, awaiting offer letter. Erverytime I call HR, she says you'll get offer letter within 2 days. No luck yet. Does anyone have idea within how many days IBM releases offer letter.

like
like

Telugu pusthakaalu chadive vallu unnara? We can share book recommendations and resources.

I read a lot of novels and some poetry.

like

I recently had an interview with HCL and cleared 2 rounds of technical interview. I waited for a week for HR call but no such call was received. I then contacted the POC who scheduled the interview (he is an HCL employee) and he said that I have been shortlisted and will receive HR call shortly. This was 1 week ago and I have still not received any call. Has anyone else faced the same issue? And if yes, should I even expect a call fro HR?

I have an accounting degree and am looking for something where I spend most of my time using excel. Surprisingly, audit —at least at my company— doesn’t really do that. Any suggestions would be helpful.

I’m not sure if this is the right place to post, it’s my first time so please excuse me!

like

BCG versus McK for digital consulting? If we are looking broadly at the digital transformation space, then what are some of the strengths of each of firm as well as any glaring drawbacks?

Looking at Forrester, they are both leaders in the space, but it would be helpful to understand the perception of each.

like

Hey fishes,

I have an interview tomorrow with
EY and the role is Data Analytics and tech stack- SQL, Python.

So what type of questions can I expect around the same?

Thank you!

like

Hi Fishes, need urgent help

Gartner offering 15 lpa + jb, UKG offering 16.5 lpa + jb, which one should I select, I am concerned more about technical growth and long term growth rather than short monetary gain. Please help to decide.

YOE: 2.1, Tech Stack: Azure, Java, Spring Boot

like

Advice requested: if the following 2 companies which one would you select to work for as a Sr Medical director: Vertex or AstraZeneca? And why?

like

Anyone opted for NPS Employer contribution, is it good for tax saving? Is there any maximum limit to it? Does employer really pay it or deduct it from our CTC only?
Please help.

like

How do you define denying something versus not believing in something?

like

Can I get EI while I wait to start my new job?

like

Is anyone from McKinsey or Bain available for a quick chat? I’m looking to change geography and my best bet might be with a different company. I’m currently a consultant at BCG

like

We’re hiring across a variety of roles. If one on our site catches your eye - happy to refer if you DM! 😊

likefunny

Week 13 of social isolation and we decided to get a cat. She’s here Monday, give me all your tips?

likeuplifting

You may think he has nothing to do all day. But really he works hard to be adorable.

Post Photo
likeuplifting

Any data points on expected comp for a Salesforce Senior Manager - Project Manager position?

like

Hi Guys

can someone help me with regards to BGV for MS?

What is there in 1st level screening and after that what happens in 2nd level Screening?

i m getting AVP offer

like

Hey all,
So I’m currently interviewing for another position, to be a business development specialist at a relatively large tech company in PA. I have about a years worth of experience. Indeed estimates the salary to be between 60k-80k, I was wondering what I should expect?

has anyone dealt with an unfair PIP at work before and survived?

like

Additional Posts in Consulting

Confronting colleagues? Yes or no ? On a side note, any book recommendations for handling workplace situations

like

Best resources/books on getting personal finance in order?

like

any others having issues with delta showing up as a result in trips?

like

Any book recommendations for learning about investing smart in your 20s?

like

Do you guys have Any good books on business? Not those self help books

like

Hi all! My brother has 8 YOE post his Masters with a US bank in their rates trading division as a software developer- managing, supporting and developing software for pricing trade executions, risk management and reporting requirements for the trading desk. He wants to pivot out of banking and maybe look for an opportunity with FAANG or with MBB/Tier2 consulting. Any inputs on how to go about this transition, what hiring managers look for and if consulting is an option? TIA

like

What's your FB 💙 score?

like

BCG folks, what differentiates you guys from other consulting firms? What do you like best about working there?

like
like

Any good book recommendations that helped give you the confidence and tactics required for a transition to leadership role? Newly promoted SM looking for inspirational reads.

like

Best consulting companies with exposure to the blockchain / digital assets space?

like

Want to learn SQL, what is the best / free resource that’s helped you?

like

Any advice on how to switch from big 4 to tier 1 consulting firms like BCG and MCK?

like

If this lead says "Perspective again".......

What are the best data privacy certs to aim for? 4 year exp in cyber risk consulting. Want to move to a privacy related role outside the big 4. Should I go for the CDPSE or CIPP or CIPM?

like

Best consulting firms for work-life balance? I know consulting is chaotic in nature, but just curious to see which ones are the best in dealing with this?

like

My SO told me that if I begin my answer to one more of her questions this week with "it depends", she is going to slap the shit out of me. Can't say I blame her, it is probably really annoying.

like

After getting kicked out of McK late last year, this gives me schadenfreude 🤣

Post Photo
likefunny

Any decent studios < $2000 for rent in the SF Bay Area?

Any really impactful books that have helped you career-wise? Not necessarily consulting focused. In need of guidance and a new book so figured I'd kill two birds with one stone or whatever.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal