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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 nradov on Tuesday November 02, 2021 @10:07PM (#29090294)
Sometimes there's just no good alternative. And real estate has less strict AML/KYC laws than other asset classes so we have some shady foreign money coming in.
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Re:Zillow to stop flipping homes, loses more than $550M, lay... by eru on Wednesday November 03, 2021 @12:15AM (#29091041)
> Sometimes there's just no good alternative.

You can always just stick your money in an ETF.

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Re:Zillow to stop flipping homes, loses more than $550M, lay... by kgwgk on Wednesday November 03, 2021 @02:10AM (#29091564)
Which may not be a good alternative.
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Re:Zillow to stop flipping homes, loses more than $550M, lay... by eru on Wednesday November 03, 2021 @04:17AM (#29092192)
Well, you can also put your money into short-selling strategies, if you think stuff is overvalued.

(Of course, taxes and regulations complicated this discussion.)

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Re:Zillow to stop flipping homes, loses more than $550M, lay... by dagw on Wednesday November 03, 2021 @11:03AM (#29095666)
Of course, taxes and regulations complicated this discussion.

It doesn't complicate the discussion, it is the discussion. Basically the only reason foreign investors are buying real estate in North America is because of issues directly related to regulations and taxes.

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