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beamatronic
on Nov 3, 2021
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Zillow to stop flipping homes, loses more than $55...
Which should really just boil down to carrying costs vs future expected profits
HWR_14
on Nov 3, 2021
[–]
Their risk model should really account for the possibility that housing prices go down. I mean, there were famously in 2008 banking firms whose models didn't even allow for that.
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