Hacker News Reader

A question to you for something you surely must have considered: why as vacation homes and not as investment properties? Is it a mortgage thing? I’d be happy to consider investing in a small bucket of houses, in some sort of tranche sense to diversify my portfolio but REITs are too large in general for me to understand the bucket and single homes are too illiquid.

View on HN

We want people to use the home! Our goal in founding Ancana was to open up the vacation home market to more people. We see these homes as places to make lifelong memories with friends & family. A net benefit of our model is that your home is an investment - if you decide to sell and the property has increased in value, you capture that appreciation. There are other companies that make it possible to invest in a REIT-like vehicle, but that's not our focus :)

Okay cool. Just a product vision thing, then.

Reply on news.ycombinator.com