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VisualMod t1_iy7a48y wrote

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VisualMod t1_iy7a4ui wrote

>I think this is an interesting idea. It would allow people with limited funds to invest in real estate without having to purchase the entire property outright, and could provide a more accessible way for those interested in investing. However, there are some potential drawbacks such as complications that may arise from managing multiple smart contracts or how investors will be able to keep track of their ownership interests if they own pieces of several properties simultaneously. I believe further research into these issues should be done before proceeding any further on this project.

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cazzy1212 t1_iy7as50 wrote

None but to scam people

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Revolutionary_Elk345 t1_iy7b4v6 wrote

My friends who are all the dregs of society all own their own houses. Literally work a job and you too can own a house.

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cazzy1212 t1_iy7bhj5 wrote

Replying to ___Gilgamesh____ (#757,689)

If I was remotely serious I would ask you how are nfts not a scam. How can you buy a portion of realty? A time share ok scam. Masterworks not sure but leaning scam it has to be. Art is only used for taxes for billionaires.

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Electrical_Meeting62 t1_iy7bit3 wrote

so if i own more than 50% do i own the house? can i rent the house and make a monthly profit?

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WendysFryCook t1_iy7btaq wrote

Let's say you own the bathroom, and tenant fucking destroys it, but no other room. You gonna pay the bill alone while everyone else pockets cash?

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___Gilgamesh____ OP t1_iy7c0mv wrote

Replying to WendysFryCook (#757,799)

Of course not. Damages would be considered cost. But even if you don’t rent it out. Would you rather keep your money in a bank with negative 10% rate(due to inflation) or store value as real estate?

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