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IPFS News Link • Stock Market

BrickX – Fractional Home Ownership – Brick by Brick – Literally

• mishtalk.com

Can't afford a home? BrickX will let you buy a single "brick" of a designated house for a mere $100 or so. You pay $1.75% buying bricks and another $1.75% when selling bricks.

Fractional Home Ownership

Please consider New Breed of House Buying: No Inspection, No Auction, $100 a Brick

WANNABE property investors now have another option for getting a toehold in the booming Sydney property market. A new company is selling houses just one brick at a time.

The BrickX investment scheme which launched officially today is billed as Australia's first stock exchange for residential property, offering part ownership via buying single 'bricks', which start at $67, under a system called 'fractional ownership".