FT: Zillow: the models underneath a housing hedge fund did not hold

THE FINANCIAL TIMES reports:
A rogue trader’s losses can get them fired. In the worst instance, they can sink a company. For Zillow, its experience falls somewhere between those extremes.
The online property company’s app hooked American users who scrolled through endless home listings. Three years ago it opened a new door, effectively becoming a hedge fund that traded houses. In the quarter that just ended, it purchased nearly 10,000 homes. …

The post FT: Zillow: the models underneath a housing hedge fund did not hold appeared first on The Loadstar.

Source: The Loadstar

Be the first to comment on "FT: Zillow: the models underneath a housing hedge fund did not hold"

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

*