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Recently had a startup school interaction with this startup -- congratz on making it to the front page!

Pretty interesting concept, although I don't know how it'll work long term, I'll be keeping an eye on this. Personally, I have my doubts that it'll really impact renters, but we shall see. Definitely should incentivize renters to be more careful to their homes, but for a few dollars back a month, I don't know if materially it'll impact poor renters.

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It could work if they have a very large portfolio in high-demand areas and can save on administration costs.

Sounds like they are buying the places that people wanted to move into so the fund will naturally own houses in demand to some extent.

Correct. It’s a little bit of both. We both select housing markets that meet various criterium we’ve set as well as seeing where customer demand drives us.

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