THE THREE-BEDROOM, two-bath, split-level house in Fayetteville, Arkansas, looks like a perfect family home: charming brick exterior, lush front lawn, fenced-in backyard that's perfect for hosting cookouts. It's on a quiet street with two schools and a Boys and Girls Club nearby. But this ideal family home has an unusual owner-or owners.
The property, these days known as the Soapstone, is "owned," in a roundabout way, by 102 investors who have collectively purchased just over $100,000 in shares through a company called Arrived Homes. The Soapstone is managed and rented out for $1,600 a month, a bit below the city's average rent of $1,795. Investors, who can buy in for as little as $100, get a cut of the profits.
And it's not just the Soapstone. Arrived, alongside a handful of other so-called fractional investment startups, is adding yet more noise to an already crowded real estate market. Investors can buy into hundreds of similar properties on the company's website, where each listing has an Airbnb-style profile that breaks down the neighborhood, costs, number of bedrooms and bathrooms and return on investment.
In addition to Arrived, there's Lofty AI, which lets people invest using a token system. Another company, reAlpha, sells shares in homes that serve as Airbnbs. Landa lets people invest in shares valued as low as $5 for houses around Atlanta or $20 for Brooklyn apartment buildings. Daniella Lang, a product marketer at the firm, says investors "see this as an American dream opportunity" that lets them build wealth in real estate. Anyone can click a button to invest-but that doesn't really make them homeowners.
هذه القصة مأخوذة من طبعة July - August 2023 من WIRED.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة July - August 2023 من WIRED.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Spin Cycle - To study tornadoes, it helps to wear a skirt (and rocket launchers).
To study tornadoes, it helps to wear a skirt (and rocket launchers). When the Dominator is about to intercept a tornado, Timmer uses a two-prong system to anchor the vehicle. Air compressors lower the car so its thick rubber skirt nearly touches the ground, and spikes wedge 6 inches into the earth to firmly prevent the vehicle from liftoff. Timmer and ONeal have seen roughly 65 tornadoes in the past six months. It was a historic amount, ONeal says. A lot of meteorological setups are busts, but every day we drove out this year, we felt like we would see a tornado.
Fantastic Plastic - a plastic bag might be the most overengineered object in history.
Stretchy seaweed. Reverse vending machines. QR-coded take-out boxes. To cure our addiction to disposable crap, we'll all need to get a little loony.
Piece of Mind - This diagram maps 1 cubic millimeter of the brain-but its unprecedented clarity deepens the mysteries of cognition.
This diagram maps 1 cubic millimeter of the brain-but its unprecedented clarity deepens the mysteries of cognition. Although this image wouldn't look out of place on a gallery wall alongside other splashy works of abstract art, it represents something very real: a 1-cubic-millimeter chunk of a woman's brain, removed during a procedure to treat her for epilepsy. Researchers at Harvard University stained the sample with heavy metals, embedded it in resin, cut it into slices approximately 34 nanometers thick
I Am Laura Kipnis-Bot, and I Will Make Reading Sexy and Tragic Again
WHEN A FLATTERING EMAIL ARRIVED inviting me to participate in an AI venture called Rebind that I'd later come to think will radically transform the entire way booklovers read books, I felt pretty sure it was a scam.
DAMAGE CONTROL
According to Léna Lazare, the 26-year-old face of the radical climate movement, they're also acts of joy.
AN IMPERFECT STORM
CAN THE U.A.E. REALLY MAKE RAIN ON DEMAND OR IS IT SELLING VAPORWARE?
THE HOLE IN THE MAP OF THE WORLD
ON THE SURFACE, THERE'S NOTHING UNUSUAL ABOUT IT. JUST A SPOT OF OCEAN. BUT BENEATH THE WAVES LURKS SOMETHING INCREDIBLE: A MASSIVE WATERFALL. AND IN ITS MYSTERIOUS DEPTHS, THE FATE OF THE WORLD CHURNS.
COOLER HEADS
The deadliest environmental threat to city dwellers worldwide isn't earthquakes, tornadoes, flooding, or fire. It's heat.
TERMINAL VELOCITY
IT WAS 2 AM at Denver International Airport, and Jared Murphy was only a few hours into a planned 17-hour layover.
THE ETERNAL TRUTH OF MARKDOWN
If the robots take over, we should at least speak their language.