Proptee: £0 commission property stock exchange
1–10 of 62 posts
Re: Proptee: £0 commission property stock exchange
#2[deleted]
Re: Proptee: £0 commission property stock exchange
#3Oh this is cool. However always wary of what happens to my property investment when the startup folds.
Re: Proptee: £0 commission property stock exchange
#4Love the idea! Especially in the age of Robinhood, I can really see this taking off (and I hope so too I'd love to use it).
Sok sikert :)
Re: Proptee: £0 commission property stock exchange
#5"Safer than stocks. The stock market is volatile and risky compared to property ownership"
That's a bold statement. Property markets can crash too. And what happens if a crappy tenant trashes the place, or the property turns out to have subsidence, or asbestos, or covered in dangerous cladding? And insurance doesn't pay (for whatever reason, plenty of real world examples of this)
Re: Proptee: £0 commission property stock exchange
#6So I guess since there is no commision all taxes, fees and inevitable maintainance and renovation costs are already priced in, which is not bad but interesting.
It's similiar to Real Estate Development Funds we have in my country but out of tha stock exchange.
Re: Proptee: £0 commission property stock exchange
#7"Safer than stocks. The stock market is volatile and risky compared to property ownership" That's a bold statement. Property markets can crash too. And what happens if a crappy tenant trashes the place, or the property turns out to have subsidence, or asbestos, or covered in dangerous cladding? And insurance doesn't pay (for whatever reason, plenty of real world examples of this)
Also in the stock market you have some stronger notion of the efficient market hypothesis working in your (or better the average persons) favour
Re: Proptee: £0 commission property stock exchange
#8I wonder, what happens when this become ubiquitous? We're all just homeless landlords, paying rent to each other?
Re: Proptee: £0 commission property stock exchange
#9Will be interesting to see how they build their management fee in, what realized fees look like, how units are valued and whether that price can be independently verified. Clearly the aim is to dress this up to feel like exchange trading, but there is no open market for some standardized unit of "fractional landlording", so presumably they are always on the other side of every transaction.
Re: Proptee: £0 commission property stock exchange
#10Isn't this just a REIT with no diversification?