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The Broken Real Estate Market

21/7/2018

 
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“Anything I got is not a rental / I own that” 
Drake, Trophies
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​When Elon Musk was thinking about the idea for SpaceX, he looked at the price of a commercial rocket and worked out that the actual cost of the raw materials was 2% of the price of the rocket. He looked at that as a giant market opportunity.  I believe the real estate market is also similarly broken and ripe for disruption.

Taking a page out of Elon Musk’s first principles analysis, I wanted to apply it to home buying and selling. In my mind, this is how I would buy a house:

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