Wall Street Is Using Tech Firms Like Zillow to Eat Up Starter Homes

January 7, 2022

Bloomberg, Jan. 7, 2022–Noah Buhayar, Patrick Clark, Jordyn Holman
As it shuts down the operation, Zillow’s efforts to sell off its inventory of thousands of homes has highlighted a little-noticed truth about the business, called iBuying. The tech industry’s attempts to simplify the process of selling a house depend on flipping properties to some of the biggest names in global finance.
https://www.bloomberg.com/news/features/2022-01-07/buying-starter-homes-gets-harder-as-wall-street-uses-zillow-to-buy-thousands?srnd=premium