LendingClub, Airbnb, Lyft and Taskrabbit and plenty of similar sharing platforms have shown what is possible when you take the middlemen out of the transaction process and start using smart, scalable technology instead. Without having to pay the fees to intermediaries, prices for the end users go down. Transactions also become more human as buyers and sellers can interact directly with each other, rather than through corporate representatives.
Source: https://business.financialpost.com/entrepreneur/technology-making-property-buying-possible-for-average-person
Financial Post, (2018).
Matt Gul