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Airbnb owners rush to offload their homes, Redfin CEO says
- camjohnson26 6y agoThe article is actually about Redfin and how they’re reentering the home flipping business. It’s a business that requires a lot of capital and risk, completely different from software which has high margins. Also every housing market is different, which makes it even harder to know if you’re paying the right price for a property. If AirBnB owners are truly selling in mass quantities that would be interesting but the Redfin CEO is going to have a skewed perspective since Redfin is currently a buyer.
- greenyoda 6y agoPrevious discussion: https://news.ycombinator.com/item?id=23142355 https://news.ycombinator.com/item?id=23142355
- deleted 6y ago[deleted]