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  • Loftium swaps house deposits for Airbnb stays
  • Loftium swaps house deposits for Airbnb stays
    James Garcia (2016) ©
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Loftium swaps house deposits for Airbnb stays

It’s no secret that Gen Y are struggling to afford a house, but US startup Loftium is offering a new kind of mortgage that hopes to solve Gen Y’s ownership woes. Instead of shelling out for the down payment, prospective buyers rent one of their rooms on Airbnb for at least 12 months.

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