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by rrowland 3776 days ago
How many sales have you had so far? I can see the "DVD player" logic working for DVD player, cars and other possessions that are expected to lose value over time but I don't see this working for real estate and other assets that are commonly seen as investments (Whether they are income-producing or not).

Regardless of which area you're building in, the bottom line seems to be that I'd pay $400k this year for something I could get for $225k next year. Whether I'm in KC and it's worth $220k or Bay Area and it's worth $1.6mil I'm still immediately losing $200k at the time of purchase for no benefit other than having the property a year earlier.
2 comments
andrewksu 3776 days ago
Clarification: The current version (Origin series) is the Tesla Model S of homes; high end, luxury, max performance, premium tech, blowing most Mercedes and BMW's out of the water in every way.

Next year we will offer the Tesla Model 3 version in addition to our premium version. Average price, above average performance, cool tech and blows away Acura's, Fords and Chevy's, but lacking the flash and bells and whistles of the higher end.

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andrewksu 3776 days ago
6 sales total with a couple of developments and a influx of individual buyers in the wings.
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