Re:Redfin Cuts 13% of Staff, Shuts Down Home-Flipping Business
by Dave_TRS on Wednesday November 09, 2022 @10:05AM
(#33532582)
I might have answered my own question - perhaps it's when we see corporations speculate and win it adds no value and is gross? But if they actually do come up with a better way to price houses and fix them efficiently it's a positive right?
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Re:Redfin Cuts 13% of Staff, Shuts Down Home-Flipping Business
by joxel on Wednesday November 09, 2022 @10:10AM
(#33532660)
Maybe at the end of a long road of terrible home buying conditions for the entire country. One has to wonder if put together it would be a net positive.
Re:Redfin Cuts 13% of Staff, Shuts Down Home-Flipping Business
by lob_it on Wednesday November 09, 2022 @11:34AM
(#33534024)
The buzzword of the week is macroeconomics.
For the parachute pants aficianados, the 1980's used the term poison pill to thwart certain strategies. The linear explains a lot of "fun the mentals/fundamentals" in place in 2022.
https://www.investopedia.com/terms/p/poisonpill.asp
Layoffs, housing price decreases, used car decreases, crypto crashes, balloning interest rates.
It looks like the updated strategy is "get them high enough to where the fall kills them" :)
It does sound like a macroeconomic saying if you look at several linears for each :p