Buying it isn’t profitable, holding large masses of it though, it’s literally impossible to lose money, and if you do the government will do things like push employees back into overpriced office buildings to continue to justify the price.
Zillow hasn’t bought homes in over a year after over leveraging by a few billion. Focus your attention where it’s due, on all the institutionally funded SFR companies.
What’s that Zillow? Buying real estate isn’t profitable? Does that mean you’re going to diversify? Maybe sell some of your property?
Didn’t think so.
Buying it isn’t profitable, holding large masses of it though, it’s literally impossible to lose money, and if you do the government will do things like push employees back into overpriced office buildings to continue to justify the price.
Zillow hasn’t bought homes in over a year after over leveraging by a few billion. Focus your attention where it’s due, on all the institutionally funded SFR companies.
Nah. They deserve as much negative attention as black rock.