How Zillow's homebuying scheme lost $881M

Re:How Zillow's homebuying scheme lost $881M by tshaddox on Friday March 18, 2022 @03:46PM (#30726628)

Okay, but how deep is the appetite for buying medicine as collectibles? What if doubling the production of medicine just means that now the wealthiest 2% collects all the medicine instead of the wealthiest 1%? Not to mention, how long will it take to ramp up all this medicine production?

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Re:How Zillow's homebuying scheme lost $881M by mistrial9 on Friday March 18, 2022 @03:55PM (#30726754)

no, no - this is a real-estate Zillow thread BUT.. search for "pharma bros" and you will see this is not a fanciful example

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Re:How Zillow's homebuying scheme lost $881M by briHass on Saturday March 19, 2022 @08:00AM (#30733090)

Yeah, but much like housing shortages, the classic cases of 'pharma bros' (Shkreli, et. al) is due in large part to the government. He, specifically, was able to jack prices because his company owned the patents (gov issued and controlled) and manufacturing license (gov issued) to rare but important drugs.

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