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A comment on Zillow seeks to sell 7k homes for $2.8B after flipping halt. Parent comment

Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt by dionidium on Tuesday November 02, 2021 @02:40PM (#29085608)
The investors themselves agree with you. Here's one such company's SEC filing:

> We have selected markets that we believe will experience strong population, household formation and employment growth and exhibit constrained levels of new home construction.

Source: https://www.sec.gov/Archives/edgar/data/1687229/000119312517...

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Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt by fossuser on Tuesday November 02, 2021 @05:13PM (#29087443)
Yeah I can’t fault the investors really, they’re just observing the world and making a bet because of the reality that is - they’re not the ones creating it.

Meanwhile the NIMBYs that are creating it blame everyone else and play victim.

[ Parent | on HN ]