December 21, 2024
Hi Reader,
Creative Ways to Monetize Your Home is the topic of this week’s newsletter.
We have often made our readers aware of the stark differences between innovative modern homes of today compared to traditional homes owned by our parents’ and grandparents’ generations.
Generational dissimilarities are largely due to the amazing technological advances we continue to experience, as well as "how" modern homes are being used. The capabilities of an innovative home can be drastically different than the narrow roles typically served by homes from previous decades.
As staunch advocates of innovative homeownership, the purpose of a modern home can be much more than providing a secure and comfortable dwelling, or adding to one’s financial nest egg — albeit two vital aspects of homeownership.
Present day homeownership means that a well-designed and managed property can serve as a multidimensional, flexible asset that can evolve over time to serve the changing needs of its residents through all stages of life.
Homeowners across the United States have been increasingly turning to creative methods to monetize their properties by two prominent drivers:
1. Economic Necessity
2. The Rise of the Sharing Economy, fueled by innovative technology platforms and apps
However — as you will see from this week’s collection of articles — homeowners are also looking to monetize their homes, as means to creating flexible and fulfilling lifestyles for many years to come.
NOTE: The Purgula team will be enjoying the Christmas & New Year's Holidays with family and friends, so our next newsletter will not be published until January 11th.
PS: Last week's newsletter can be found here.
