They will go broke if they do bad job at extracting money from their renters, no... | Hacker News

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		sobkas on March 19, 2022 \| parent \| context \| favorite \| on: How Zillow's homebuying scheme lost $881M They will go broke if they do bad job at extracting money from their renters, not bad job at providing value to them. Also: https://www.wsj.com/articles/landlords-were-never-meant-to-g... , privatization of profits and socializing losses.

bawolff on March 19, 2022 [–]

Yes, same as any business. If you provide it for free you go bankrupt, if you charge too much you also go bankrupt.

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