Improving Cities Through Crowdfunding

We already have crowdfunding for the public sphere. It’s called taxes. Citizinvestor lets those with disposable income fund things that are of use to them, leaving others to fend for themselves. This isn’t what democracy is supposed to be.

I second Saul Tannenbaums fears.  The possibility exists to better fund education, infrastructure and any number of other issues with rich communities leaving further the poorer ones in the dust heap

Over the past two decades, critics of the real estate industry — both in the public and private sector — have argued that the “real estate cartel” overcharges consumer by billions of dollars annually, see http://bit.ly/RGWHc9

New money-saving real estate business models are rebating parts of those bloated commissions to clients who could voluntarily use those savings to crowdfund projects, through @Citizinvestor:disqus�
and other iniatives, that would improve their community.  

For industry critics who argue that the typical 5-6% real estate commission is the private sector’s version of a real estate transfer tax, this could be an opportunity to redistribute savings from obsolete  commission to benefit the community.  Participation would be voluntary for any home buyer or seller using participating companies.
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Think of it as an opportunity to crowdfund “Commonwealth.”  Could there be a better place to test than right here in the Commonwealth of Massachusetts where property, at least in some communities in Greater Boston, sell themselves?