The comparison to OpenDoor is spot on. These platfrms thrive on information asymetry and the retail investor always ends up holding the bag. What's interesting is how Arrived packages all the downsides of property ownership while keeping the upside for themselves through management fees. At least with REITs you have some liquidity and transparncy.
I must be missing something but why not just buy shares of public REITs? That way you can invest a couple hundreds and slowly bleed your capital without feeding grifters.
No, it’s not government regulations that are the main reason for less housing supply. It is the billionaires gamifying and extracting money from rental units like Realpage. Plus, climate catastrophes. The free market is bad at a lot of things, and affordable housing is one of them.
The comparison to OpenDoor is spot on. These platfrms thrive on information asymetry and the retail investor always ends up holding the bag. What's interesting is how Arrived packages all the downsides of property ownership while keeping the upside for themselves through management fees. At least with REITs you have some liquidity and transparncy.
I must be missing something but why not just buy shares of public REITs? That way you can invest a couple hundreds and slowly bleed your capital without feeding grifters.
Arrived sounds terrible. Thanks for the note.
No, it’s not government regulations that are the main reason for less housing supply. It is the billionaires gamifying and extracting money from rental units like Realpage. Plus, climate catastrophes. The free market is bad at a lot of things, and affordable housing is one of them.