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A comment on Investors bought a quarter of US homes sold last year. Parent comment

Re:Investors bought a quarter of US homes sold last year by Finnucane on Tuesday August 23, 2022 @02:46PM (#32569371)
Apparently some of these operations have become pretty sophisticated in being able to quickly sort and evaluate listings. Individual buyers don't stand much of a chance against buyers who can write a check as soon as a property hits the market.
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Re:Investors bought a quarter of US homes sold last year by pishpash on Tuesday August 23, 2022 @03:02PM (#32569650)
You mean Zillow's $880M house-flipping fail? AI isn't smart enough yet.
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Re:Investors bought a quarter of US homes sold last year by standardUser on Tuesday August 23, 2022 @03:31PM (#32570157)
They mean skilled professionals who make boatloads of money spotting and leaping on every decent property that hits the market, or is about to, while the rest of us - those seeking a home to actually live in - get to fight over the remains.
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Re:Investors bought a quarter of US homes sold last year by Finnucane on Tuesday August 23, 2022 @03:35PM (#32570231)
Zillow wasn't investing for the rental market. It was trying to automate house flipping, a much riskier proposition.
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