Redfin Is Leaving NAR

Re:Redfin Is Leaving NAR by throwaway290 on Tuesday October 03, 2023 @12:44AM (#37748069)

That comment didn't claim it was an SV creation, it can be read as SV made it easier and more popular so it made real estate more of an investment in general.

Perhaps fractional ownership was used in limited circumstances before, but some tech co thought they can make it mainstream and didn't stop to think if they should. Cue unforeseen consequences.

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Re:Redfin Is Leaving NAR by taeric on Tuesday October 03, 2023 @01:01AM (#37748148)

I mean... sure, a silicon valley company is offering fractional ownership. I don't see how that supports silicon valley making housing more of an investment. But, sure, dunk on a common boogie man.

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Re:Redfin Is Leaving NAR by throwaway290 on Tuesday October 03, 2023 @02:43AM (#37748636)

Kinda like ClosedAI. Let's do this because we can and it's profitable (shareholders) and cool (software engineers). People lose jobs? That's just life man, I mean we do get to keep ours so...

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Re:Redfin Is Leaving NAR by gorlilla on Tuesday October 03, 2023 @09:04AM (#37751299)

Not a problem as long as it stays _other_ people.

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Re:Redfin Is Leaving NAR by throwaway290 on Tuesday October 03, 2023 @09:13AM (#37751391)

let them all retrain as baristas while we are figuring that one out... /s

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