Current Events > Zillow hired smart algorithm coders to make real estate flipping AI

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pick4six 11/01/21 6:03:34 PM #1:	Now they have to dump the houses it bought to cover the loses https://twitter.com/zerohedge/status/1455260934470086659?s=21 --- Bitcoin! <cite>pick4six posted [p:959600293] in Zillow hir... [t:79739112]...</cite> <quote>Now they have to dump the houses it bought to cover the loses https://twitter.com/zerohedge/status/1455260934470086659?s=21 </quote> ... Copied to Clipboard!
Xethuminra 11/01/21 6:04:09 PM #2:	See: Billion <cite>Xethuminra posted [p:959600304] in Zillow hir... [t:79739112]...</cite> <quote>See: Billion </quote> ... Copied to Clipboard!
#3	Post #3 was unavailable or deleted.
Tyranthraxus 11/01/21 6:04:54 PM #4:	This is hilarious actually. --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://imgur.com/dQgC4kv <cite>Tyranthraxus posted [p:959600322] in Zillow hir... [t:79739112]...</cite> <quote>This is hilarious actually. </quote> ... Copied to Clipboard!
Hambo the Hog 11/01/21 6:05:27 PM #5:	--- I'm sorry, but 10,000 of ANYTHING on a PS2 would absolutely destroy your framerate. It'd be like playing chess through the mail. ~johnboy1 <cite>Hambo the Hog posted [p:959600337] in Zillow hir... [t:79739112]...</cite> <quote> </quote> ... Copied to Clipboard!
Questionmarktarius 11/01/21 6:05:28 PM #6:	oops <cite>Questionmarktarius posted [p:959600338] in Zillow hir... [t:79739112]...</cite> <quote>oops </quote> ... Copied to Clipboard!
Xethuminra 11/01/21 6:05:39 PM #7:	Whelp Dunno what housing market you were just living, but uh <cite>Xethuminra posted [p:959600345] in Zillow hir... [t:79739112]...</cite> <quote>Whelp Dunno what housing market you were just living, but uh </quote> ... Copied to Clipboard!
Smashingpmkns 11/01/21 6:12:36 PM #8:	Fuck zillow --- https://imgur.com/x04tPRZ https://imgur.com/t7T392I <cite>Smashingpmkns posted [p:959600504] in Zillow hir... [t:79739112]...</cite> <quote>Fuck zillow</quote> ... Copied to Clipboard!
MrToothHasYou 11/01/21 6:16:55 PM #9:	good --- An Injury to One is an Injury to All https://iww.org/ <cite>MrToothHasYou posted [p:959600618] in Zillow hir... [t:79739112]...</cite> <quote> good </quote> ... Copied to Clipboard!
ToadallyAwesome 11/01/21 6:16:59 PM #10:	The hubris of that. AI can be smart but housing prices are not built on anything logical. It was doomed to fail --- https://imgur.com/QKdxwuI <cite>ToadallyAwesome posted [p:959600619] in Zillow hir... [t:79739112]...</cite> <quote>The hubris of that. AI can be smart but housing prices are not built on anything logical. It was doomed to fail </quote> ... Copied to Clipboard!
WingsOfGood 11/03/21 10:10:42 AM #11:	Get rekt <cite>WingsOfGood posted [p:959650230] in Zillow hir... [t:79739112]...</cite> <quote>Get rekt </quote> ... Copied to Clipboard!
WeeWeiWiiWie 11/03/21 10:14:54 AM #12:	Can't wait until people realize that "AI" is just regression. --- Stabilized. COVxy alt. <cite>WeeWeiWiiWie posted [p:959650303] in Zillow hir... [t:79739112]...</cite> <quote>Can't wait until people realize that "AI" is just regression. </quote> ... Copied to Clipboard!
RchHomieQuanChi 11/03/21 10:15:29 AM #13:	Good, fuck 'em --- I have nothing else to say <cite>RchHomieQuanChi posted [p:959650317] in Zillow hir... [t:79739112]...</cite> <quote>Good, fuck 'em </quote> ... Copied to Clipboard!
Payzmaykr 11/03/21 10:17:54 AM #14:	House flippers are part of the issue with the country. Oh, this house was $100k, which a family needed and could afford, but now its worth $1.5 million and only a wealthy person can buy it! Profit for me, though! --- So long, Thanks for all the fish! <cite>Payzmaykr posted [p:959650377] in Zillow hir... [t:79739112]...</cite> <quote>House flippers are part of the issue with the country. Oh, this house was $100k, which a family needed and could afford, but now its worth $1.5 million and only a wealthy person can buy it! Profit for me, though! </quote> ... Copied to Clipboard!
pogo_rabid 11/03/21 10:20:34 AM #15:	https://www.youtube.com/watch?v=9jRL2cVthbg --- Ryzen 3800x, 6900XT, 32 gig, 970pro, Asus Strix x570-E FC: SW-8431-3263-1243 <cite>pogo_rabid posted [p:959650445] in Zillow hir... [t:79739112]...</cite> <quote>https://www.youtube.com/watch?v=9jRL2cVthbg </quote> ... Copied to Clipboard!
Musourenka 11/03/21 10:22:12 AM #16:	I hope Zillow goes under for this. --- Shooing away pigeons crapping on debate tables is not a violation of the pigeons' free speech. <cite>Musourenka posted [p:959650475] in Zillow hir... [t:79739112]...</cite> <quote>I hope Zillow goes under for this. </quote> ... Copied to Clipboard!
Hexenherz 11/03/21 10:23:00 AM #17:	The shitty part is that it probably still undercut the sellers, so it was a lose-lose all around. --- New World: Herzog Erislieb (Karpathenburg/US East) \| RS3: UltimaSuende https://letterboxd.com/BMovieBro/ <cite>Hexenherz posted [p:959650492] in Zillow hir... [t:79739112]...</cite> <quote>The shitty part is that it probably still undercut the sellers, so it was a lose-lose all around. </quote> ... Copied to Clipboard!
Returning_CEmen 11/03/21 10:23:31 AM #18:	Zillow used to be cool, but this year they turned heel. --- Genius, Thousandaire, Playboy, Philanthropist <cite>Returning_CEmen posted [p:959650502] in Zillow hir... [t:79739112]...</cite> <quote>Zillow used to be cool, but this year they turned heel. </quote> ... Copied to Clipboard!
g980 11/03/21 10:26:02 AM #19:	Cant blame them for trying It was an interesting idea and potentially a good way to make real estate more liquid for everyone But im not totally surprised it was a bust --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:959650548] in Zillow hir... [t:79739112]...</cite> <quote>Cant blame them for trying It was an interesting idea and potentially a good way to make real estate more liquid for everyone But im not totally surprised it was a bust</quote> ... Copied to Clipboard!
PatrickMahomes 11/03/21 10:26:23 AM #20:	is there a listing of these specific houses? --- https://imgur.com/cEQy3f4 / https://imgur.com/gWKaLHC https://i.imgur.com/u6JR7qX.jpeg <cite>PatrickMahomes posted [p:959650556] in Zillow hir... [t:79739112]...</cite> <quote>is there a listing of these specific houses? </quote> ... Copied to Clipboard!
g980 11/03/21 10:27:04 AM #21:	Payzmaykr posted... House flippers are part of the issue with the country. Oh, this house was $100k, which a family needed and could afford, but now its worth $1.5 million and only a wealthy person can buy it! Profit for me, though! The original owners would have sold it for $1.5mil too if thats what the market could support This isnt something specific to home flippers --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:959650565] in Zillow hir... [t:79739112]...</cite> <quote>Payzmaykr posted...</cite> <quote>House flippers are part of the issue with the country. Oh, this house was $100k, which a family needed and could afford, but now its worth $1.5 million and only a wealthy person can buy it! Profit for me, though! </quote> The original owners would have sold it for $1.5mil too if thats what the market could support This isnt something specific to home flippers</quote> ... Copied to Clipboard!
Returning_CEmen 11/03/21 10:27:36 AM #22:	g980 posted... Cant blame them for trying It was an interesting idea and potentially a good way to make real estate more liquid for everyone But im not totally surprised it was a bust How is it more liquid when they inflated the prices so much they pushed out first time homebuyers? --- Genius, Thousandaire, Playboy, Philanthropist <cite>Returning_CEmen posted [p:959650579] in Zillow hir... [t:79739112]...</cite> <quote>g980 posted... </cite> <quote>Cant blame them for trying It was an interesting idea and potentially a good way to make real estate more liquid for everyone But im not totally surprised it was a bust</quote>How is it more liquid when they inflated the prices so much they pushed out first time homebuyers? </quote> ... Copied to Clipboard!
Njolk 11/03/21 10:27:50 AM #23:	Zillow doesn't care they'll probably lose a few million and move on to their next scheme --- Suffering is expecting things to last forever <cite>Njolk posted [p:959650584] in Zillow hir... [t:79739112]...</cite> <quote>Zillow doesn't care they'll probably lose a few million and move on to their next scheme </quote> ... Copied to Clipboard!
rexcrk 11/03/21 10:30:29 AM #24:	Oh no anyway --- Bah weep grannah weep ni ni bon <cite>rexcrk posted [p:959650642] in Zillow hir... [t:79739112]...</cite> <quote>Oh no anyway </quote> ... Copied to Clipboard!
pikachupwnage 11/03/21 10:33:13 AM #25:	Just about anything that results in large property companies losing a fuckoad of money is good in my book. --- My Mario Maker 2 Maker ID is J2K-RFD-K4G Even In sigs FOE! http://i2.kym-cdn.com/photos/images/newsfeed/000/665/328/d75.gif <cite>pikachupwnage posted [p:959650694] in Zillow hir... [t:79739112]...</cite> <quote>Just about anything that results in large property companies losing a fuckoad of money is good in my book. </quote> ... Copied to Clipboard!
ScazarMeltex 11/03/21 10:35:50 AM #26:	Tyranthraxus posted... This is hilarious actually. It's not because they are going to sell to companies like Blackrock who will permanently remove those house from the purchase market by making them rental properties. Thus making the housing market's prices inflate even higher. --- "If you wish to converse with me define your terms" Voltaire <cite>ScazarMeltex posted [p:959650759] in Zillow hir... [t:79739112]...</cite> <quote>Tyranthraxus posted... </cite> <quote>This is hilarious actually.</quote>It's not because they are going to sell to companies like Blackrock who will permanently remove those house from the purchase market by making them rental properties. Thus making the housing market's prices inflate even higher. </quote> ... Copied to Clipboard!
Payzmaykr 11/03/21 10:37:36 AM #27:	g980 posted... The original owners would have sold it for $1.5mil too if thats what the market could support This isnt something specific to home flippers Im talking about when they do unnecessary renovations that force the price up. Instead of selling it as is for an affordable price, they renovate it until its property value skyrockets and most of us cant afford it anymore. --- So long, Thanks for all the fish! <cite>Payzmaykr posted [p:959650801] in Zillow hir... [t:79739112]...</cite> <quote>g980 posted... </cite> <quote>The original owners would have sold it for $1.5mil too if thats what the market could support This isnt something specific to home flippers</quote>Im talking about when they do unnecessary renovations that force the price up. Instead of selling it as is for an affordable price, they renovate it until its property value skyrockets and most of us cant afford it anymore. </quote> ... Copied to Clipboard!
Bio1590 11/03/21 10:50:00 AM #28:	Njolk posted... Zillow doesn't care they'll probably lose a few million and move on to their next scheme IIRC they have something like $2-$3 BILLION tied up in this that they have to get rid of. --- https://imgur.com/bbRWLI8 https://imgur.com/A0BErSV https://imgur.com/S1m3po4 https://imgur.com/7fCcfko <cite>Bio1590 posted [p:959651133] in Zillow hir... [t:79739112]...</cite> <quote>Njolk posted...</cite> <quote>Zillow doesn't care they'll probably lose a few million and move on to their next scheme </quote> IIRC they have something like $2-$3 BILLION tied up in this that they have to get rid of.</quote> ... Copied to Clipboard!
g980 11/03/21 11:28:28 AM #29:	Returning_CEmen posted... How is it more liquid when they inflated the prices so much they pushed out first time homebuyers? If they are buying a high volume of homes, they are increasing liquidity And the fhb's can just buy from zillow later --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:959652056] in Zillow hir... [t:79739112]...</cite> <quote>Returning_CEmen posted...</cite> <quote> How is it more liquid when they inflated the prices so much they pushed out first time homebuyers? </quote> If they are buying a high volume of homes, they are increasing liquidity And the fhb's can just buy from zillow later</quote> ... Copied to Clipboard!
_BlueMonk 11/03/21 11:30:10 AM #30:	ill take one. ill give you 10 bucks --- JISOO JISOO <cite>_BlueMonk posted [p:959652102] in Zillow hir... [t:79739112]...</cite> <quote>ill take one. ill give you 10 bucks </quote> ... Copied to Clipboard!
Fam_Fam 11/03/21 11:48:00 AM #31:	Payzmaykr posted... Im talking about when they do unnecessary renovations that force the price up. Instead of selling it as is for an affordable price, they renovate it until its property value skyrockets and most of us cant afford it anymore. yes, typically things that have more valuable components are usually more expensive... <cite>Fam_Fam posted [p:959652583] in Zillow hir... [t:79739112]...</cite> <quote>Payzmaykr posted... </cite> <quote>Im talking about when they do unnecessary renovations that force the price up. Instead of selling it as is for an affordable price, they renovate it until its property value skyrockets and most of us cant afford it anymore.</quote> yes, typically things that have more valuable components are usually more expensive... </quote> ... Copied to Clipboard!
sktgamer_13dude 11/03/21 12:20:53 PM #32:	Fam_Fam posted... yes, typically things that have more valuable components are usually more expensive... Way to continually miss the point hes making --- https://imgur.com/jWVrg9U https://imgur.com/g2efUtT https://imgur.com/5dOwhaP https://imgur.com/LVdqu8J Go Cougs and M's RIP SMV 2/25/21 <cite>sktgamer_13dude posted [p:959653438] in Zillow hir... [t:79739112]...</cite> <quote>Fam_Fam posted...</cite> <quote> yes, typically things that have more valuable components are usually more expensive... </quote> Way to continually miss the point hes making</quote> ... Copied to Clipboard!
Payzmaykr 11/03/21 12:35:59 PM #34:	sktgamer_13dude posted... Way to continually miss the point hes making This --- So long, Thanks for all the fish! <cite>Payzmaykr posted [p:959653839] in Zillow hir... [t:79739112]...</cite> <quote>sktgamer_13dude posted... </cite> <quote>Way to continually miss the point hes making</quote>This </quote> ... Copied to Clipboard!
g980 11/03/21 12:56:34 PM #35:	Increasing the supply of nice/remodeled homes will lower the price of nice/remodeled homes, so your first house wont have to be a crapshack --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:959654449] in Zillow hir... [t:79739112]...</cite> <quote>Increasing the supply of nice/remodeled homes will lower the price of nice/remodeled homes, so your first house wont have to be a crapshack</quote> ... Copied to Clipboard!
Cuticrusader09 11/03/21 1:06:59 PM #36:	ToadallyAwesome posted... The hubris of that. AI can be smart but housing prices are not built on anything logical. It was doomed to fail AI is only as good as how it is written. To write really good AI you really need a bunch of people with PHDs in mathematics. You can get people who can write the algorithms for less but then you end up in this kind of situation. --- AC - Violet on Penny. (N), Rose on Sapphire (S) <cite>Cuticrusader09 posted [p:959654718] in Zillow hir... [t:79739112]...</cite> <quote>ToadallyAwesome posted...</cite> <quote>The hubris of that. AI can be smart but housing prices are not built on anything logical. It was doomed to fail </quote> AI is only as good as how it is written. To write really good AI you really need a bunch of people with PHDs in mathematics. You can get people who can write the algorithms for less but then you end up in this kind of situation.</quote> ... Copied to Clipboard!
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Current Events > Zillow hired smart algorithm coders to make real estate flipping AI (+) Yeah! (+)

Current Events > Zillow hired smart algorithm coders to make real estate flipping AI