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by djyaz1200 3362 days ago
Related but not precisely on topic... When will a group of talented people with access to capital end the gross imbalance of power between landlords and tenants with technology? In just about every other area of the economy the customer has the power. To give the customer aka renter more power they need more information. Step 1 is having ratings for all landlords/properties. The landlords get your rating (your credit) but you don't get theirs. That asymmetry puts the renter at a disadvantage. There is also no price discovery mechanism. You only know the rate they quote you, no way to find out the actual price they are charging existing tenants. Payments in this industry are often still by check which is absurd in 2017. This is one of the last giant markets left for technology to disrupt but it's going to be a war. The landlord/tenant relationship is "where the rubber meets the road" in the struggle between the rich and the rest of us... so this isn't going to be easy. If someone took this on I'd be honored to be a part of it!

https://vimeo.com/user12087540/checkmeonce