The concept of “rendering works held in common” is a principle often attributed to the open-source movement. It encourages the sharing of knowledge and resources, thereby multiplying innovation.
Imagine a world where every multifamily proptech innovation is built as a part of a communal portfolio for communal benefit. Here, individuals and organizations freely contribute to and benefit from a reservoir of shared intellectual property.
Legacy property management systems give up the lock on data, turning the pay-to-play model upside down.
This ethos accelerates technological advancement and fosters a sense of unity across the industry.
A rising sea lifts all boats.
Adopting this mindset could lead to a massive renaissance in multifamily, from Renttech to proptech to consumer and team (employee) research, where the free exchange of ideas blows the lid off of years of pent-up advancement.
We could leapfrog other industries.
The challenge lies in those who guard their creations.