4min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

#AIS: Divvy Homes CEO Adena Hefets breaks down the state of the US housing market

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The Global Financial Crisis Is a Different Situation to Daya

This year, loan will deploy over a billion dollars of capital. We measure a margin as the rent that we collect, less home costs, less interest. So it's like a true profit, all in margin, where we're almost, probably gong to be at about 25 % all in profit margin. Blackstone calls holmes almost as unaffordable as the two thousand and seven peak. But he believes a crash is unlikely due to a major difference, which is that most owners aren't using their homes like they did back benum.

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