Matt Levine’s latest Money Stuff column does a good job explaining why a lot of smart people are trying to figure out a market-making model for homes (see companies such as Opendoor): People want to apply the market-making model to homes. This makes sense. Buying… Read More
If I had to pick only one social network to use, it would be Twitter. I, of course, also enjoy Instagram because I like taking photos. But if I had to pick one, it would be Twitter. I just find that Instagram is more about… Read More
In Matt Levine’s latest Money Stuff newsletter he talks about how money is really just a social construct. In his words, money is “a way to keep track of what society thinks you deserve in terms of goods and services.” But over the years, we… Read More
The postmortems surrounding Zillow’s exit from the algorithmic home-flipping business are starting to surface. Here’s an article from the WSJ and here’s Matt Levine’s take on it. The latter piece is very Levine-like and is called, “Zillow tried to make less money.” The obvious story… Read More
Matt Levine’s latest column is a good follow-up to yesterday’s post about Zillow exiting the algorithmic home-buying business. In it, he talks about the differences between being a market maker and being a trader of homes. Part of his argument is that if you’re a… Read More
Zillow just announced that it has paused its (algorithmic) US homebuying business for the remainder of this year. The company acquired some 3,800 homes in Q2 of this year and, apparently, it now has a backlog of repairs and sales to work through. As a… Read More
Matt Levine’s most recent Money Stuff article is classic Matt Levine. It is both entertaining and informative. This one is on WeWork – the coworking startup that has committed to 14 million square feet of office space around the world and will have $18 billion… Read More
Lately I have really gotten into Matt Levine’s daily newsletter about “Wall Street, finance, companies and other stuff.” Maybe that’s how I should describe this blog: Cities, real estate, design, and other stuff. If you aren’t familiar with Matt’s writing, here is an article that he… Read More
BRANDON DONNELLY 