Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Is Steve Eisman Right about Zillow?

Market Insanity

Is Zillow Making Money?

Moreover, flipping could increase Zillow’s operating expenses beyond what it can afford. To explain, Zillow will have to pay the property taxes on all those homes and pay to maintain them if they do not sell. In addition, Zillow could have the expense of renting out all the homes it cannot unload.

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