From Equities.com
‘Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.’ — Andrew Carnegie, billionaire industrialist
Recently, Keith Montgomery, CTO for QuantmRE, spoke with Spencer Rascoff, CEO of Zillow, and learned about the issues related to “Home Insecurity.”
Here are the problems
- Many Americans don’t have the cash to weather any employment storms
- Solutions need to be user friendly for the person on the street
- People can’t get cash from the equity in their home without taking on more debt
QuantmRE one’s mission resonates strongly with addressing these issues. QuantmRE will help people who have equity in their home get cash out without taking on more debt. It is not a loan, but in exchange for a small percent of ownership, the homeowner gets cash and can stay in the home until they sell it as long as they pay the mortgage and taxes on time.
By combining the power of blockchain technology to this fractional ownership, QuantmRE will be offering a token that is backed by real estate assets. For people wanting to get invest in the real estate market without the headache of being a landlord, this is a new way to get in. Find out more at www.quantm.one
*The Zillow Group Report on Consumer Housing trends https://www.zillow.com/research/zillow-group-repor…
https://www.equities.com/news/is-the-american-dream-dead
