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by lotsofpulp 995 days ago
Zillow is a biased party, being a business that earns its income from home sales. They very well could publicize different figures than what they really think, although I think it is more likely that they simply do not have the ability to predict prices any better than most others.

Which is why they lost a ton of money in their home buying/selling division and shut it down.

1 comments

that sounds illegal. if a platform has monopoly pricing power, especially on something like housing
Zillow has zero pricing power. Hence they lost a ton of money and shut down that part of their business.
afaik price fixing is only illegal when two parties conspire. If anyone knows about market manipulation regulation please correct me.