capital already flows into real estate, just in the form of debt. equity is far better for owners than debt.
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housing prices were/are constrained by income/access to debt financing.
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I'm kind of interested in
@NickTimiraos or@JedKolko or@dkmin's thoughts on this? -
CLTs more interesting & welfare benefits much higher but no one has figured how to scale it.
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@bhorowitz not really. It funnels *different* money but it's zero sum. -
if more prospective PA homebuyers can access more side investors, what does that do to home values?
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Nope. I understand. Someone has to start splitting the land value returns.
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only one of the many actors invested a single property will be able to vote though. And all their skin won't be in one game.
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I don't think they offer equity products. Refinancing is usually a debt related product. Maybe I'm wrong!
End of conversation
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