Mateen's Newsletter - Discuss The Tape

Mateen's Newsletter - Discuss The Tape

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Mateen's Newsletter - Discuss The Tape
Mateen's Newsletter - Discuss The Tape
Who could buy Zillow?
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Who could buy Zillow?

It begins with an A......

Mateen Chaudhry's avatar
Mateen Chaudhry
Oct 19, 2021
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Mateen's Newsletter - Discuss The Tape
Mateen's Newsletter - Discuss The Tape
Who could buy Zillow?
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Bloomberg reports that Zillow is suspending its I-Buying business for 2021.

The schadenfreude is palpable. There are lot of “I told you so” comments going around.

But perhaps the negativity is a little misplaced.

I-buying is a market-making business and market-making businesses are hard to get right, especially when it comes to real estate.

In financial mar…

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