Look at $Zillow-C (Z.US)$ of how the house flippers are at i...
Look at $Zillow-C (Z.US)$ of how the house flippers are at it again. They really forgot how it was in 2008 and history repeats again and again! I wonder when these Wall Street firms realize that they can't play with the housing market and what do you think happens at the end - the taxpayers to the rescue.
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carririlin : During inflation, many people will invest in real estate
Jakob Lundberg : That makes no sense. You have to be a fool to not be able to successfully flip a house in today's market. Zillow has shown they're incompetent. But that has nothing to do with the lending practices and subprime loans of 2008.
No taxpayer will save Zillow from anything. Zillow shareholders on the other hand will pay a lot.
MACKGforEver OP carririlin : yes
MACKGforEver OP Jakob Lundberg : Different people have different opinions.We can communicate friendly, not just call others fools