Predict Your House Price
Also Crystallex/Citgo, the revenge of the banks and the Pod Shop Game.
A typical middle-class American’s two most valuable assets are (1) her human capital and (2) her house. Maybe (3) her stock portfolio. You can do a lot of stuff with your stock portfolio: You can sell some stocks and buy different stocks, you can diversify and hedge and trade actively and YOLO zero-day options on meme stocks. There is a huge industry — “the financial industry” — in which thousands of professionals get paid a lot of money to come up with stuff for people to do with their stock portfolios.
Those professionals sometimes get to thinking. “A typical middle-class American’s two most valuable assets are (1) her human capital and (2) her house,” they think. “And yet they can’t trade those. They can’t hedge them. They can’t diversify them. They can’t YOLO zero-day options on memified versions of them. Seems wrong. Maybe we could help, for a fee.” If they think about this long enough, they tend to launch one of two companies: