In a recent interview, the ‘Real Estate Insiders’ had the opportunity to speak with Pacaso CEO Austin Allison regarding the innovative co-ownership model and its impact on alleviating the affordability challenges in the real estate market. During the interview, Allison provided key insights into how the co-ownership model is helping individuals overcome barriers to homeownership and gain access to higher-end properties.
• Co-ownership model: Allison discussed how the co-ownership model allows multiple individuals to share ownership of a property, making it more affordable for each party involved.
• Affordability crunch: The CEO highlighted the role of co-ownership in addressing the affordability crunch in the real estate market, especially for those looking to invest in luxury properties.
• Benefits of co-ownership: Allison emphasized the benefits of co-ownership, such as shared maintenance costs, access to high-quality properties, and the opportunity to build equity over time.
• Future of co-ownership: The interview delved into the potential growth of the co-ownership model and its impact on reshaping the real estate industry by providing new opportunities for homebuyers.
You can read this full article at: https://www.housingwire.com/articles/austin-allison-pacaso-co-ownership-affordable-housing-real-estate-insiders/(subscription required)
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