Re:How Zillow's homebuying scheme lost $881M
by lotsofpulp on Friday March 18, 2022 @02:01PM
(#30725452)
> What happens to the price of housing in that limit?
The price continues to reflect the supply and demand of the houses. You’re either lucky to inherit the land, or you earn enough to outbid others for it. It might even be impossible to outbid those who are bringing inherited wealth to the table.
It might become a transient community, where you work and save and then leave to settle somewhere else.
The price continues to reflect the supply and demand of the houses. You’re either lucky to inherit the land, or you earn enough to outbid others for it. It might even be impossible to outbid those who are bringing inherited wealth to the table.
It might become a transient community, where you work and save and then leave to settle somewhere else.