Re:Show HN: Roam – Global co-living subscription
by rdl on Thursday February 04, 2016 @06:14PM
(#11038040)
That's just a timeshare, right? Timeshare initial deposits are notoriously bad investments; the ongoing fees are sometimes closer to break even vs. other housing/hotel choices, but with less flexibility.
(You can buy timeshares on eBay for close to $0)
From their FAQ: "
Is Hapimag a timeshare company?
In legal terms, Hapimag is a public limited company whose shareholders are simultaneously the users of the offer. In this respect, Hapimag is a user- and not profit-oriented cooperative of like-minded people. Hapimag members purchase rights of residence for all Hapimag resorts. This idea has been successful for over 50 years. Hapimag is considered to be the inventor of points-based rights of residence and enjoys the reputation of a professional, trustworthy provider."
(You can buy timeshares on eBay for close to $0)
From their FAQ: " Is Hapimag a timeshare company?
In legal terms, Hapimag is a public limited company whose shareholders are simultaneously the users of the offer. In this respect, Hapimag is a user- and not profit-oriented cooperative of like-minded people. Hapimag members purchase rights of residence for all Hapimag resorts. This idea has been successful for over 50 years. Hapimag is considered to be the inventor of points-based rights of residence and enjoys the reputation of a professional, trustworthy provider."