Fractional Ownership Not such a Good idea after all?

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05-22-2023, 06:25 PM

raulus

Nicol0 Pin.oli

Join Date: May 2022

Posts: 3,015

Obviously the concept works fine if there is a deep pool with lots of churn and the house can take a fee on every transaction, sort of like if we all traded houses every year and realtors took a commission on all of those sales. And if prices are going nuts, then anybody who's anybody can get in and make a killing.

But if the concept languishes with a small pool of die hard acolytes, and the rest of us opting out, then at some point the business model just isn't worth the squeeze.

__________________
Trying to wrap up my master mays set, with just a few left:

1968 American Oil left side
1971 Bazooka numbered complete panel

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