News for hackers. Stuff that matters.

A comment on How Zillow's homebuying scheme lost $881M. Parent comment

Re:How Zillow's homebuying scheme lost $881M by vincentmarle on Friday March 18, 2022 @02:14PM (#30725621)
You are neglecting opportunity costs: if you could earn double (appreciation + rent) instead of just appreciation, you're leaving money on the table.
[ Parent | on HN ]
Re:How Zillow's homebuying scheme lost $881M by sib on Friday March 18, 2022 @02:39PM (#30725896)
But also avoiding a very real possibility of significant costs (property destruction, litigation to remove bad tenants, etc.)
[ Parent | on HN ]
Re:How Zillow's homebuying scheme lost $881M by BirdieNZ on Friday March 18, 2022 @02:56PM (#30726090)
Think about this: land value appreciation is so crazy that you can not charge rent and still make enough money that a property has a good return on investment.
[ Parent | on HN ]
Re:How Zillow's homebuying scheme lost $881M by boring_twenties on Friday March 18, 2022 @03:48PM (#30726662)
That extra money comes with additional risks, which the parent has judged to be not worth it.
[ Parent | on HN ]