lazrlake was my startup that I deeply loved. It is close to my heart because homeownership is a distant dream for some close to me.
I saw people renting homes with rents higher than mortgages. I thought why not use rents over a 30-year period to give tenants a house? Why suck money for 100s of years? Take rent for 30 years from someone and give them the house they live in.
I did some math inspired from an algorithm I designed which was inspired from Bitcoin. I was fairly confident of the math. Lazrlake would buy homes in many places and increase ownership in an idea of a home that wasn’t rooted in space. Over 30 years, a person moves from Tokyo to Delhi to Nairobi to LA. They pay rent to live in houses owned by Lazrlake in those places. After 30 years, the home they’re living in is given to them as their property. Like a 30-year mortgage for a home.