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| Topic | Stock Topic 30 |
| Zachnorn 06/10/21 12:56:08 PM #276: | Sunroof posted... Zillow is getting crushed today. No idea why. Such a tasty priceI'm still trying to do real estate and there are concerns about a few things with real estate. Prices are too high and people are getting priced out of the market. There is talk of a crash, because average Americans can't afford to buy houses unless they already own a house. The above-average Americans that are landlords, aspiring landlords, as well as corporations, real estate funds, pension funds, etc., are able to buy homes even at these prices. They buy them to rent them out. Zillow is for regular people. It's not really meant for investors, except maybe some small investors that own a few rental properties. But more and more, they're getting priced out too by institutions buying homes and are giving up. I imagine this is part of why people are feeling bearish on Zillow. --- <D ... Copied to Clipboard! |
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