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New platform set to prevent financial elder abuse, especially with housing

vancouversun
Summary
Nutrition label

68% Informative

Vancouver real estate magnate Ross McCredie is developing a digital platform to prevent financial elder abuse.

The platform will help seniors collaborate with trusted people in their lives to ensure a secure and transparent method of monitoring their assets, particularly their homes.

A house is normally an older adult’s biggest possession, often making up 70 per cent of their wealth.

Former head of Sotheby’s International Realty Canada has spoken out about reforming real-estate industry.

One of his big frustrations has been the dearth of valid information that homeowners and buyers can obtain about properties.

He believes Cornerstone will play a key role in bringing more reliable data, better efficiency and higher transparency to the real estate system.

VR Score

71

Informative language

70

Neutral language

48

Article tone

informal

Language

English

Language complexity

55

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

11

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