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[Link] Zillow Is Killing Its Home-Buyer Service, Cutting 25 Percent of Workforce
Read: 2/11/2021 www.vice.com
Only months after announcing plans to dramatically ramp up Zillow Offers, its home-buying iBuyer service, Zillow announced Tuesday that it is effectively killing it, saying it was too difficult to accurately price homes and only served a small percentage of its customer base.
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[Link] Even tent sites could soon be out of reach as the rental crisis deepens
Read: 31/10/2021 www.abc.net.au
The region is bracing for an influx of visitors as intrastate travel bans lift from November 1. Rental vacancies are already at record lows and many long-term locals have been priced out of the market.
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[Link] Zillow Pumps the Brakes on Buying Homes
Read: 19/10/2021 www.vice.com
After preparing to go on a massive home-buying spree, Zillow abruptly reversed course and announced on Monday that it will not sign any new contracts for additional homes for the remainder of the year.
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[Link] Millennials are creating housing communes with friends because it's too expensive to buy a home as a single person
Read: 17/10/2021 www.businessinsider.com
First-time homebuying millennials are finding a loophole in today's housing crisis: buying a home with their friends.
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[Link] Evergrande vows to meet first debt deadline, allaying some fears of collapse
Read: 22/9/2021 www.theguardian.com
Chinese property developer Evergrande has said it would pay some of the bond interest due on Thursday, allaying fears of an imminent and messy collapse that had spooked investors.
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[Link] Wall Street Investors Press Corporate Landlords on Eviction Plan
Read: 7/8/2021 theintercept.com
In courthouses across the country this week, grief and anger over looming eviction orders turned to hope as the Biden administration shifted course.
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[Link] Scammers target desperate renters on Sunshine Coast as housing crisis continues
Read: 12/4/2021 www.abc.net.au
Scammers are taking advantage of the desperate rental situation on the Sunshine Coast, where the vacancy rate has dipped as low as 0.5 per cent in some areas.