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Real Estate Markets are officially live on @Polymarket 🏠
Predict home values, exclusively powered by Parcl data.
Parcl
7,740 posts
Parcl
@Parcl
- Ken's right, and it cuts both ways. The tenant fears rent jumps. The landlord fears flat rent while taxes, insurance, and upkeep keep climbing. Each is exposed to rent moving the way they don't want. A market lets you take the other side of your own risk. That's the kind ofGood tenants. Same rent. 7 to 8 years. Sounds great. Until you look at the expenses. Utilities up. Property tax up. Property management up. Insurance up. Everything up. If rents stay flat while expenses rise, cash flow shrinks every single year. It has to. And after 7 to 8
00:00 - Our @Polymarket US housing markets settle monthly right now. Should we run longer ones too? What would you actually take a position on?
- He's right, nothing stops this. ~$90 trillion traded on perps last year. Oil, gold, stocks, crypto. Housing's the biggest market of all. We've spent years building the rails for it. V4 is where it scales.Nothing stops this 🚂
- IMPORTANT NOTICE: V3 orderly wind-down is reaching its conclusion. Please withdraw your LP funds from the V3 pool at your earliest convenience. June 30 is the deadline.V3 LP withdrawals close June 30. If you still have funds in the V3 LP pool, please complete your withdrawal as soon as possible. A 21-day countdown is now in effect as V3 enters its final wind-down phase.
- Parcl reposted
The immense irony here is that perps - in particular real estate related perps - would have perhaps *helped prevent* an 07/08 style crisis, which cascaded in large part because nobody knew who held what at what price and nobody got liquidated promptly (completely solved in perps)Fascinating quote from CME Group CEO Terry Duffy, whose own company operates a prediction market exchange. Duffy is unhappy with Kalshi getting a green light on perps. Via @business: bloomberg.com/news/articles/…
