How Wall Street is using iBuyers like Zillow to eat up starter homes
By Noah Buhayar, Patrick Clark and Jordyn Holman | Bloomberg Zillow Group spent last year aggressively expanding a home-flipping operation designed to make the $2 trillion U.S. real estate market better for consumers until a bad bet on home prices pushed the company to pull the plug. As it shuts down the operation, Zillow’s efforts…
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