Los angeles city council moved to band companies like zillo from purchasing single family homes. What's going crazy in thehou in market is that a lot of people want to buy houses, and that's not really have anything to do with these larger companies. These companies are buying up all the housing stock and ruining the real estate market. We stopped looking at houses a actually. Now we just put offers on em. E herein five minutes, i onmengotables. Hite yo bogs. The goal is obvious. The more homes they can buy up in a given area, the more they can control the housing price in that area,. which is very location specific.
No. Vox's Jerusalem Demsas disproves a popular internet conspiracy theory.
Today’s show was produced by Hady Mawajdeh, edited by Matt Collette, engineered by Efim Shapiro, fact-checked by Laura Bullard and hosted by Sean Rameswaram.
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