hmmm

[Anonymous No.54582406]

>housing will continue to increase in value over the long term
>get approved for a mortgage
>tokenize your house
>each token represents a bit of equity in your house for investors to trade with and borrow against
>use investor money to pay off the mortgage so the asset is fully secured
>home value will fluctuate but continue to rise over time, making each equity token rise in value over time
>you get a 80-96.5% off your house (depending on how much your down payment is), your investors get an appreciating asset (and you'll be sure to take damn good care of the house), the bank gets its money + any interest paid for the time it took to sell all the initial sale of the tokens. win-win-win.
What is wrong with this plan?

[Anonymous No.54582426]

It's a security

[Anonymous No.54582440]

>>54582426
What are the downsides of being a security?

[Anonymous No.54582445]

this actually exists right now, a few companies are doing this or things similar to this already. its going to make the already insane real estate bubble even more retarded, i hate the modern financial market

[Anonymous No.54582470]

>>54582445
What companies are doing this right now? I wonder if this can be done with rental properites as well now that I think about it. Might be more attractive to investors

[Anonymous No.54582503]

>>54582470
haus.com and some other crypto startups, i forgot

[Anonymous No.54582561]

>>54582503
I appreciate you anon. Even if you hate it and it's retarded, I think we all need to adjust to the new ways of acquiring a house and not let all these opportunities pass us by. At least that's how I see it. It seems like things are only going to get more far away from normal and now I have to adapt instead of waiting for collapse.