Real Estate Firm Donates Condos Like TOMS Shoes [Video]
One-for-one business model gives Cambodian landfill communities hope.
TOMS could be considered the pioneer of the one-for-one model, an idea that has quickly spread to other industries, and could now even become commonplace in the real estate market. World Housing, a Vancouver-based real estate firm, has plans to donate $2,900 from the sale of each luxury condo towards housing for third-world communities that have up until now only been able to call a landfill home.
The conditions of landfill communities are the worst in the world; these people are literally surviving off of the garbage of others, spending hours a day trying to find clean water and food for their family. Receiving a home gives a stable living environment to help create a better life.