Damani: Onboarding a villa costs 8-12 lakhs and is recovered in 4-5 months
“All of that accumulated will be an expense of anything between eight to 12 lakhs. That amount is recovered within four to five months by the homeowner.”
Gladwell: Housing crisis stems from not building and blocking market forces
“Oh, we're just not building enough of it. You know, for a million stupid reasons, and we've let existing homeowners close the door to potential homeowners. We treat landlords like enemies. We think the rules of the marketplace don't apply when it comes to hous…”
Galloway: Homeowners Have Zero Incentive to Approve New Housing Construction
“Putting housing permits or taking them out of the hands of officials and putting them in the hands of homeowners, you have absolutely no incentive to ever approve housing if you're a homeowner. Because an absence of new housing makes your house go up in value.”
Rabois: Homeowners build community value while renters extract it
“Owners build value, and renters generally subtract and extract.”
Dumoulin-Smith: Residential solar competition prevented passing rate hikes to consumers
“Look, in theory, if it was less of a competitive space, you would say interest rates go up, the cost of solar goes up to homeowners, and ergo, it just effectively passed along, right? We talk a lot about inflation in the current environment, and we talk a lot …”
Huber: Lawn mowing outsourcing grew from 10% in 1990 to 44% in 2018
“So back in 1990, 10% of people paid to have their lawn cut, like pay for somebody else to come and cut their lawn. In 2018, 44% of people paid to have their lawn cut.”
Clayton: GreenPal operates with 47 employees, 32,000 contractors, and 300,000 homeowners
“And now there's, you know, we, our team is 47 people. And so those people depend on our business for our livelihood. There's 32,000 contractors that depend on the platform to run their business, and there's 300,000 plus homeowners that depend on the platform.”
Hefets: US homeowners have 75 times the average net worth of renters
“Homeowners, on average, have 75 times The net worth of a renter.”
Adler: Flume consumers check the water monitoring app every two days
“On average right now, we have customers that are checking in on the app about once every two days.”
Altman: Nearly all paying Hover customers are contractors, not homeowners
“We do have a small number of DIY homeowners that that, that segment is growing rapidly, but the lion's share of our customer base and nearly all of our paying customers are contractors.”
Hefetz: Treating renters like owners lowers vacancy, turnover, and maintenance costs
“When your renters think and act like homeowners, it means you have lower vacancy, lower turnover, and as a result, lower maintenance cost per home.”
Banks During the 2008 Crisis Were Not Out to Screw Homeowners
“Most people assume that the banks were out to screw the homeowners. And I don't think that's the case. I'm not saying they're not blameless.”
Taggar: Zeus Living Secures Captive Inventory via Direct Master Leases
“The way I would offer this is I would offer to Sign a lease with the homeowner, and then I realized I would have captive inventory, and I could solve the problem on the demand side.”
Rampell: The average homeowner is leveraged five to one, stifling mobility
“Whereas if you have somebody that's leveraged five to one, which is the average homeowner, like that, that's a weapon of mass, mass destruction that is keeping them in a certain state.”
Lim: Fractional home equity aligns investor and homeowner interests
“The really radical thing here is there's alignment with the homeowner, alignment between the investor and the homeowner. Where when the homeowner does well, when their home goes up in value, that's when the investor does well. And that kind of alignment doesn'…”
Lim: Most homeowners hold majority of net worth in a single house
“Most homeowners, they have most of their net worth tied up in their home. That's like having a stock portfolio with a single asset.”