Srini: Homeownership is defined by profit rights, customization, and price stability
Laks Srini · Laks Srini on Making Homeownership in Reach with ZeroDown · Y Combinator · Dec 11, 2019 · at 31:17
Laks Srini, co-founder and CTO of ZeroDown, breaks down the fundamental value proposition of owning a home compared to renting.
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“If you really think about home ownership, the fundamental rights are ability to profit from sale. Right? When you own something, you can profit from sale. Ability to customize it, reshape it, remodel it, make it your own. If I gave you an iPhone and said, like, you can't install any software in this, you can't, like, put a cover on it, like, then it's not your phone. Right? Like, so, so that's what happens to a rental most, most of the times. So, ability to reshape, remodel, and make it your own. And finally, I think ability to have, like, a stable Cost basis over a period of time.”
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