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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] 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] 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] Jared Kushner’s hidden genius? To make terrible decisions – yet keep failing upwards
Read: 5/8/2021 www.theguardian.com
Having selflessly served the public for four long years, Jared Kushner has decided it’s time to step away from politics and apply his unique talents elsewhere.
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