In Australia, fractional ownership encouraged through social networks

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Australia-based OwnMutually is offering fractional ownership through their new platform, with an emphasis on users sharing items they'd like to part-own through their social networks in order to encourage their friends to join them. Members of the site first list the item they are looking to part-own, with images, information and the number of people they would like to share it with. Users can then easily share the listing on social networks to enlist their friends – or friends of friends – to take part in the scheme. Interested parties pledge to pay their share of the item's cost and…

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