Re:Redfin Is Leaving NAR
by JumpCrisscross on Tuesday October 03, 2023 @09:50AM
(#37751921)
Owning fractional shares in property is also nothing like owning property. You’re not going anywhere profound with this line of argument.
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Really? Most people own fractional shares of real estate, e.g. when the property is part of a marital estate.
Investing in a REIT is just investing in a company that happens to derive cash flows from real estate. The only difference is that you have to pay income tax on your dividends. Owning a fractional share of a property is taking an ownership stake in a real asset. The two aren’t related at all.
Why do you keep saying "fractional share"? All shares are fractions. You sound like a moron.
Typically, fractional ownership of real estate assets is typically done via a tenancy in common title, not via a share mechanism, so your “share” (literally “portion”, which can be partial or whole) is a fraction of the whole. How about learn the basics before giving financial advice and calling names.
> When disagreeing, please reply to the argument instead of calling names. "That is idiotic; 1 + 1 is 2, not 3" can be shortened to "1 + 1 is 2, not 3."