Exploring the SmartStay scheduling tool for fair time distribution among vacation home co-owners, this chapter dives into fund allocation for repairs, purchasing, and reselling homes as shares. The conversation covers launching a company during the pandemic, rapid growth, and revenue streams based on aggregating ownership groups and offering property management, financing, and resale services. Insights on decision-making for personalization, benefits of co-ownership, dynamics of buying and selling fractional ownership, and addressing housing affordability challenges in local towns are also discussed.
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Bloomberg News Global Economy Reporter Enda Curran and Bloomberg News International Economics & Policy Correspondent Michael McKee discuss the economic impact of the Baltimore bridge collapse. Shamina Singh, Founder and President of Mastercard Center for Inclusive Growth, talks about fostering inclusive growth and financial inclusion. The Mastercard Global Inclusive Growth Summit takes place on April 18. Austin Allison, Co-Founder and CEO at Pacaso, explains modernizing real estate co-ownership to make second homes possible. And we Drive to the Close with Mace McCain, CIO at Frost Investment Advisors.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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