What Next: TBD

Honey, I Sold the House to Zillow

Why are tech companies flipping houses?

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Episode Notes

Between April and June of this year, Zillow bought nearly 4,000 homes. And they had no intention of holding onto them. The plan was to flip houses, often and at scale, joining the ranks of companies like Opendoor and Offerpad, also known as iBuyers.

So, why did Zillow put their plans on pause last weekend? Can online middlemen really change the way we buy and sell houses?

Guests:
Tony Santos, homeowner
Patrick Clark, reporter at Bloomberg

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About the Show

Every Friday, Slate’s popular daily news podcast What Next brings you TBD, a clear-eyed look into the future. From fake news to fake meat, algorithms to augmented reality, Lizzie O’Leary is your guide to the tech industry and the world it’s creating for us to live in.

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