4 ms·
Daryl Fairweather is the chief economist at Redfin, a major housing and real estate company (competitor to Zillow). Seems she's pretty bullish on LVT.
by geocon 4y ago
Daryl Fairweather is the chief economist at Redfin, a major housing and real estate company (competitor to Zillow). Seems she's pretty bullish on LVT.
- dna_polymerase 4y agoI wouldn't say Redfin is a direct competitor to Zillow. Sure, there is overlap, but Redfin has agents on the selling property on their behalf, whereas Zillow is mostly a web platform.
- AnimalMuppet 4y agoMaybe so. But why do I care what Redfin's chief economist thinks? She works for a real estate company and she has ideas, and she's an economist. That's all cool, but none of it tells me that she actually knows whether or not Georgism would work as advertised.
- zip1234 4y agoThere are actual places where it has been used and is in use. Some even in the US.
- yellowapple 4y agoWhich is surprising, since LVT is pretty antithetical to Redfin's and Zillow's business model. The real estate industry typically revolves around the land rather than the buildings on that land, and the buying and selling of land is exactly the thing LVT seeks to obsolesce.
- larsiusprime 4y agoI'm not so sure. In the interview, we asked her about this specifically, and Daryl says that Redfin would rather have more customers than charge each customer a higher amount. They're a real estate broker, so they presumably would have plenty of business to do in facilitating transactions and connecting buyers and sellers regardless of how expensive the underlying assets were.