Re:How Zillow's homebuying scheme lost $881M
by pharmakom on Friday March 18, 2022 @01:55PM
(#30725370)
The problem is it is becoming impossible to be self made. Most people buying real estate in south east of UK and London have middling salaries but substantial help from their parents. The working class kid who made it to 70k/year? Tough luck.
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Re:How Zillow's homebuying scheme lost $881M
by ipaddr on Friday March 18, 2022 @02:43PM
(#30725924)
People already made their money in London. Buying a home there means buying into an expensive mature area. Most people buying come from old money or they are over leveraged or foreign sources.
You should try to make some other city into something and buy into their future price increases.