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Wow I fkin hate this for so many reasons. First of which is, it sure feels like it shouldn't be legal for Zillow, a place that lists properties, buying and flipping properties inside a non transparent market entirely under its control. bloomberg.com/news/articles/2021-10-17/zillow-pauses-home-purchases-as-snags-hit-tech-powered-flipping
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Real estate dark pools powered by algorithm sounds like a dystopia story prompt.
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And the kicker of this story is that Zillow now owns so many houses that it is going to sit on a bunch of them for an unspecified period of time which, when homelessness is on the rise, doesn't sound ominous at all nope
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