The Cookout

[The Honorable]

I’ve attached a video for the TL;DR crowd but basically Zillow:

• Analyzes who is attempting to buy what and where
• How much they can afford
• It takes this data in amalgam and uses it to know where to purchase houses
• It buys all the houses in an area for cash and then the last house they buy they’ll buy it for more so that it increases the value of al the previous houses it bought
• They know people can afford the price difference because they know who is searching there and how much they can afford
  
  
  
  

 

[Jay]

This is smart and devious all at the same time. This is why regulations are so important, they shouldn't be able to be able to be an analytics firm and then participate in the market at the same time. It's damn near like insider trading,

 

[Red Velvet]

This is smart and devious all at the same time. This is why regulations are so important, they shouldn't be able to be able to be an analytics firm and then participate in the market at the same time. It's damn near like insider trading,

We are slowly finding ourselves living in a dystopian fantasy novel.

The cops will be robots



all the property will be owned by



we will buy everything from

 

[sourgrapes]

This is legal!? I never use Zillow. I only use Trulia for house shopping and looking around. I wonder if they are doing this as well. I mean what kind of scam they trying to pull off here? How are you able to know if you are buying from a person or a bot for the site as well? I mean I have gone and seen houses that have owners. I have met them. I wonder if they are fake now lol

 

[lexodyssey]

How is this legal? I feel like you can't do anything anymore. Everyone's trying to find a way to get more money from you. The housing market is bad enough and then throw this in? Insane.

 

[Tati 304]

How is this legal? I feel like you can't do anything anymore. Everyone's trying to find a way to get more money from you. The housing market is bad enough and then throw this in? Insane.

Everything is for sale.