> If house prices fall, they are going to hold on to houses to prevent the losses from being shown on their books. And yet Zillow did the exact opposite of thi

> If house prices fall, they are going to hold on to houses to prevent the losses from being shown on their books. And yet Zillow did the exact opposite of this very recently. Also, after Zillow did so, everyone on real estate forums seemed to explain that it's so so obvious that this would happen ("of course, with carrying costs, they had to sell") It's almost like no one knows the future but backwards rationalizes whatever happens as obvious.