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Re:How Zillow's homebuying scheme lost $881M by paxys on Friday March 18, 2022 @02:00PM (#30725430)
> You’re talking about people who are throwing away money by leaving assets idle

No, they are watching their assets shoot up in value every day without any operational burden.

> and implying that they obviously don’t know how to operate in this market

When did I say that? In fact what they are doing the most logical thing.

Re:How Zillow's homebuying scheme lost $881M by jjav on Friday March 18, 2022 @05:07PM (#30727540)
> > You’re talking about people who are throwing away money by leaving assets idle

> No, they are watching their assets shoot up in value every day without any operational burden.

It's not either/or. They might be watching the property value go up every year, but they are simultaneously throwing money away by leaving it empty. They could have been profiting from both sources but chose to profit only from one.

(Often rationally, since a bad tenant can destroy the property and never pay, but still.)