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A comment on Zillow to stop flipping homes, loses more than $550M, lays off 25% of staff. Parent comment

Re:Zillow to stop flipping homes, loses more than $550M, lay... by davewritescode on Tuesday November 02, 2021 @06:13PM (#29088162)
You don’t need ML algorithms to know that interest rates in the medium term will be rising which puts downward pressure on home prices.
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Re:Zillow to stop flipping homes, loses more than $550M, lay... by omgwtfbyobbq on Tuesday November 02, 2021 @06:58PM (#29088657)
It can, but it's more downward pressure on higher cost homes (eg coastal metros). Even with higher rates, average home prices can increase like in the 60s through 80s, albeit just to keep up with inflation from higher interest rates.

https://fred.stlouisfed.org/series/MSPUS https://fred.stlouisfed.org/series/FEDFUNDS

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