Have you been having challenges with getting affordable housing as a student? Perhaps you have resigned to squat with a friend or relative.
You already know that you wouldn’t be as comfortable in those places as you could have been if you were living in your apartment. So, it makes sense that you try as much as possible to have an apartment that you can call yours.
But, how possible can that be? Considering that the traditional real estate industry is not working in favour of students, it might be difficult to have an apartment of your own in your apartment.
Problems in the Student Housing Industry
There are some challenges in the acquisition of homes and student housing. Understanding these will make it easier for you to know why HOMT is creating an ecosystem that makes real estate investment easier for everyone.
Below are some of the current challenges that are holding down the current student housing industry:
Hectic Student Housing Industry
The first challenge is that it is not easy for students to rent or lease houses meant for students. That is because of the strenuous process that the industry has created.Limited Investment Options
The other challenge is that students will literally pass easier through the eye of a needle than to invest in real estate or acquire homes.
The reason for that is that there are limited investment options for students. For example, many students will find it difficult and cumbersome to invest in real estate of higher sums.Interferences
The other problem in the real estate, as well as student housing industry is that students and other investors are often held down by the roles of outsiders and the fees they charge. Outsiders in this instance are agents who help investors to buy properties, and in the end, they will charge higher fees, thereby, shooting up the prices of real estate.
THE HOMT SOLUTION
It is time to change the status quo as far as real estate investments are concerned. HOMT believes in transparency and protection of every party’s interests.
Therefore, you are sure that many of the challenges that have bedevilled the traditional real estate industry will be fixed in good time.
In light of that, I will like to itemize the variety of solutions that HOMT has in place to ensure the all-around decentralization and remarkable improvements in the student housing industry.
Trustless Transactions
As much as trust is an important element for ensuring the transparency of transactions, it has shown to be working otherwise.
Currently, real estate investors are utilizing the trusted system that ensures that each of the parties trusts and hopes that the other party keeps to the part of the bargain.
That is what HOMT is changing by enabling trustless transactions that will be scaled via blockchain technology. Also, smart contract technology will be delegated to ensure that the transacting parties wouldn’t be trusting one another.
In place of that, a smart contract will be used as the validator and authenticating technology to ensure that transactions are scaled as they should.One-Stop Real Estate Transactions
You don’t have to rely on multiple parties before your transactions will be scaled. HOMT has made it easier for everyone to become a real estate investor without having to go through the merry-go-round of the traditional real estate industry.
What this means is that HOMT creates one-stop application through which real estate deeds and transactions can be facilitated in real-time.Disposing of Middlemen
Middlemen or real estate agents do not only make the process slower. They also add to the costs of investing in real estate.
Can you envisage what real estate in general and student housing investment, in particular, will look like when intermediaries are no longer there? You needn’t keep envisaging that because HOMT has started implementing strategies for that to work.
In this case, we are looking at how HOMT will use smart contract technology to seal real estate deeds without inviting third-parties into the transaction.Minimal Entrance
Well, student housing isn’t designed for students. The fact is that most students find it difficult to invest in real estate or acquire/rent properties/apartments because the entrance fees are higher than they can afford.
As a way of recreating and reinventing the system to work as it should, HOMT has now enabled the use of minimal entrance fee. In this case, you are sure that you wouldn’t have to break a bank to invest in student housing.
Instead, the minimal entrance fee of $0.25 can get you started. As you earn more, you can always invest more of that in student housing.
Conclusion
Student housing is now affordable, decentralized and scalable for everyone. If you have been looking for an opportunity to invest in this burgeoning industry, HOMT has the packages you need to get started.
USEFUL LINKS
Website: https://homt.net/
Whitepaper: https://homt.net/Whitepaper.pdf
Telegram: https://t.me/homtokenofficial
Twitter: https://twitter.com/homtoken
Facebook: https://www.facebook.com/homtoken/
Linkedin: https://www.linkedin.com/company/homtoken/
Youtube: https://www.youtube.com/channel/UCSB9YHUPVlJclwW3qow0NOw
Medium: https://medium.com/@homtoken
Instagram: https://www.instagram.com/homtoken/
Reddit: https://www.reddit.com/r/HOM_Token/
AUTHORS DETAILS
Bitcointalk username- Annamike
Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2767339;sa=summary
POA: https://bitcointalk.org/index.php?topic=5250951.msg54938295#msg54938295