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Will Airbnb’s co-founder construct your subsequent residence?

Byjobz786.com

Nov 12, 2023

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Not way back, I questioned whether or not startups might assist clear up the U.S. housing disaster. Now there’s a brand new identify on the town: Airbnb spinout Samara, which simply secured contemporary funding. As for Dig, it acquired acquired not lengthy after I began digging into its class: information safety posture administration. — Anna

The Airbnb playbook

With a scarcity of at the very least 3.8 million dwellings, the U.S. housing disaster isn’t displaying many indicators of enchancment. Evaluating the scenario to what it was only one yr in the past, VC agency Gutter Capital famous that it even worsened in some respects — mainly, funding.

“[I]nvestor curiosity within the housing market, beforehand chilled, has frozen over,” managing accomplice James Gettinger wrote. “Whereas rising rates of interest have been no match for the undersupply of housing, they have been greater than sufficient to scare away enterprise capital buyers. We’ve been advised by proptech funds that they solely put money into software program now. Regrettably, software program can’t construct properties.”

In distinction, Gutter Capital nonetheless stands by the thesis it phrased one yr in the past: “There’s a historic alternative immediately to put money into companies that speed up the event of housing in the US.”



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