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Zillow's attempt at flipping was certainly not helping. Even if it doesn't improve things, at least it is not hurting anymore. The trend of big companies buyin
by justinph 5y ago
Zillow's attempt at flipping was certainly not helping. Even if it doesn't improve things, at least it is not hurting anymore.
The trend of big companies buying single family homes and attempting to flip them is demonstrably bad for individuals trying to purchase a home.
- jdavis703 5y agoI don’t know what sort or homes Zillow buys, but I know locally a lot of flippers purchase homes that most banks wouldn’t lend to a regular consumer. Then they fix them up. These are hoarder homes, abandoned buildings, condemned housing, etc. In so far as they’re making homes more accessible to folks without contracting skills I don’t see a problem.