Crowdfunding & Technology Adoption in Real-Estate
Jacob Blackett and Zain Jaffer continue discussing the relationship between real estate and technology and Crowdfunding and Technology Adoption in Real-Estate. They agree that online real estate deals are struck mainly by young people. However, Jacob notes that the older, middle-aged generation is gradually adapting to technology. The conversation turns to the importance of real estate start-ups having a target clientele. Both Zain and Jacob agree that it is important for a new real estate franchise to have a specific objective. ⇛ When Zain asks Jacob how much individuals should invest in real estate compared to the mainstream financial market (stocks, bonds, etc.), he says “a third or a quarter” of their funds. He also emphasizes that the percentage should be higher as real estate always appreciates.