Crowd funding the real estate bubble: Looking to participate in a San Francisco housing flip for only $5,000 while sitting in your pajamas?
ByInvestors have been the rocket fuel of the housing market. Starting in 2014 however big money started exiting the market in a methodical fashion. Now, the large investment money is coming fromforeign buyers into targeted parts of the country. Every time something gets so hot, there are ideas floating around trying to make things accessible to the masses so they can jump in and party like a hedge fund rock star. Usually the gig is getting close to a top when you start seeing hot money trying to seek a home in any investment possible. There is now a democratization of information for people including things like Zillow, AirBnB, Uber, or robo-investment software as well. Ironically, something like Zillow is merely showing people how priced out they are in certain markets unless they want to drop $700,000 for a crap shack. I ran into a site that actually allows you to crowd fund into real estate investments that in the past, were the realm of hard money lenders with deep pockets…
