Ever wonder what the economic footprint of a typical high rise apartment building is? Hint: It’s massive but completely untapped.
A typical 250-unit high-rise building in a major Canadian city has over $4.5M in household items like furniture, appliances and decorations. On the other hand, it represents well above $8M in consumer spending (disposable household income). We also spend more than 30% of our money on personal services and experiences?
Many of these not only can be found locally but could definitely be skills or talents your neighbours might have. From home repair to language lessons to doing taxes; you will be surprised to find out how rich and diverse your apartment building or neighbourhood can be.
At Hangeh, our work has proven how a sharing economy can truly thrive in apartment buildings with viral and monetized features like garage sales, renting items or group buying from local businesses. We also make the process of having such interactions super simple, easy and more importantly, fun. The most wholesome thing is to see neighbours using their skills & talents to support each other.