December 3, 2024

HOUSING

CNN - Trump wants to privatize Fannie Mae and Freddie Mac. They guarantee 70% of US mortgages.

Nice News -   Co-ownership could do to real estate what Uber did to taxis. It’s simple: buyers share ownership of a high-value asset, splitting costs while enjoying all the benefits. And it’s spreading like wildfire, growing 21% per year.  Take vacation homes, for example. They’re expensive to own and vacant most of the year. Co-ownership lets people fully utilize these properties at a fraction of the cost.

Companies like Pacaso are already leading the charge. Through their digital marketplace, users buy, sell, and finance vacation home shares. It’s been a huge success. They’ve already handed keys to more than 1,500 happy homeowners, earning Pacaso $100 million in gross profits.

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