Posted Jul 21, 2019, 6:37 PM
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Registered User
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Join Date: May 2019
Posts: 29
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It's an interesting concept--more interesting to me than the current Sonder expansion that seems to be happening in the city. Sonder feels like a bubble to me. What happens in the event that Sonder goes under, is the apartment market suddenly flooded with a ton of apartment units that were previously essentially "hotel rooms"?
The whole thing is about who is carrying the risk--with Natiivo, I'd be curious what happens if your unit doesn't rent out. Does everyone in the building get a share of all income from rentals or is it on a per unit basis? With Sonder, I assume the apartment building is directly leasing a block of units to Sonder and Sonder bears the risk of a unit going unrented on any given evening.
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