Daily Archives: November 11, 2021

Housing speculation has led to excess and downside risk

Posted on November 11, 2021 by Danielle Park

Zillow plans to sell roughly 18,000 homes through its home-flipping algorithm, called Zillow Offers, and expects to lose about 5% to 7% on the failed venture, the company told investors last week.  Zillow says it underestimated the risks inherent in … Continue reading →

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