nishio If you SALSA a house that you can live in for a year for 50,000 x 12 months for 600,000 under a normal rental agreement, the assessed value is going to rise to where the tax amount is 600,000, If the tax rate is 10%, that translates to 6 million. Most of the potential users canāt afford to pay 6 million immediately, and they donāt have the risk tolerance to withstand the risk of not being able to sell in a year, do they?
nishio I had a feeling that if that were to happen, a service like Gradual for NFT would occur for residential SALSA as well, and eventually the end user would be able to rent for 50,000/month. I had a feeling that the end user would eventually be able to rent for 50,000/month.
nishio Ah, but if the equivalent role of ālandlordā is not to own the property, but to have a limited time right to use it in SALSA, then liquidity will increase and competition among landlords will flourish?
@0xCommune: maybe thereās a chance
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Peer to Peer lending locks liquidity (funds) and NFTs into a smart contract once the contract is signed and returned when repaid. In the event of default, the NFT goes to the lender. The funds provided by the lender are unused while waiting for the loan to be executed and can only be offered to NFTs that have already been escrowed.
- [/tkgshn/Partial Common Ownership/Plural Property: In Conversation with Will Holley, Graven Prest, Kevin Seagraves](https://scrapbox.io/tkgshn/Partial Common Ownership/Plural Property: In Conversation with Will Holley, Graven Prest, Kevin Seagraves)
from Diary 2023-07-19
Added on 2024-01-26
- Maybe derivatives will be created for people with low risk tolerance, like Curve Finance.
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