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The Ownery

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  • The Ownery

    Just having read the article on stuff , what are peoples thoughts on this?
    Im not really interested in investing in something like this but it is an interesting concept all the same.
    Genuine investment or gambling with other peoples money?
    I am interested in the yield of their first property purchase as it would give a good indication of how much of an idea the people investing everyonesmoney are actually up with the play.

    Im picking if it all goes horribly wrong the company directors will have made sure their salary has been paid first.
    Last edited by donna; 30-10-2016, 10:12 AM. Reason: added link

  • #2
    It's a great idea for a business. Can't see it being a good idea for investors.

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    • #3
      Rent - pretty much all goes in the management costs.

      Capital gain - will be taxable when realised.

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