The Deep End by ODF cover image

Raising $2.2M to Make Home Ownership Flexible with Lauren Self

The Deep End by ODF

CHAPTER

How Roots Approaches Housing Accessibility

Roots is a company that creates accessibility to homeownership by making homeownership flexible. Each month when you pay your mortgage, you are effectively buying more of your home back from the bank. You can live in your home for just a year or longer, any period of time really. And then when you decide that you want to move elsewhere, you can move out and still retain equity. So with roots similar to traditional homeownership, each month you buy a bit more ofyour home. But because you don't have any debt,you don't have that long term commitment that traditional homeownership demands.

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