Fifth Wall Shakes Up Real Estate Industry With New Investment
Fifth Wall VC firm recently announced a $135 million investment with its anchor LP Lennar and Opendoor. Co-founder Brendan Wallace sits down in Los Angeles with Alyssa Julya Smith to talk about how the deal is going to make home buying easier and more streamlined.
Wallace talks about how his team orchestrated this partnership to address the market and believes making homes more liquid is the single most important thing that could happen in the U.S. economy. He explains that if homes become more frictionless to transact, homeownership is democratized in a way it has never been before. The corresponding social and economic implications could be profound, Wallace says.
Opendoor is helping this happen with its streamlined sales process and through its partnership with Lennar, one of the largest home builders in the country. Currently, Opendoor can scale the sales process down to just a few days.
There could be such a thing as being too clean after heated debates on social media about how often you should shower. Dermatologists and other health experts are now weighing in, saying while showering every day is a must, some experts say it may not be good for your health to shower too often.
A driver tried to crash through the exit gates of a South Carolina nuclear plant Thursday night about an hour after security asked the same car to leave when it tried to enter, authorities said.
A former Southern California street gang leader pleaded not guilty Thursday to murder in the 1996 killing of rap music icon Tupac Shakur in Las Vegas — a charge prompted by his own descriptions in recent years about orchestrating the deadly drive-by shooting.
A tarantula crossing the road in Death Valley National Park caused a traffic crash that sent a Canadian motorcyclist to the hospital, the National Park Service said.
