Should you consider IMBY?

Get it out! Tell us what you think SHOULD happen (or not) in the world of money, finance, investing, etc.!

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Crowd-funding house

Should you consider IMBY?

Post by Crowd-funding house »

Came across this company
"Invest in property in the communities you love quickly,conveniently - and for as little as $1."
A platform for homeowners to list shares in their property. Each share costs $1.
When an investor buys shares in a listed property, they become part-owner. As the property value increases, so does their share value.

The concept seems to make sense.
The product? It seems to provide a solution for sky rocketing house prices. In my opinion making any product aiming to solve a serious problem is an admirable endeavor.

What do you think?