<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>lumost</author><text>I suspect that the problem boils down to the following:&lt;p&gt;1) Zillow made a financial&amp;#x2F;ML model which would predict the sell price of a home in N months.&lt;p&gt;2) Zillow leveraged dirt cheap mortgage rates + VC money to outbid other sellers to be able to sell the home in N months&lt;p&gt;3) Zillow drove property developers and house flippers out of the market.&lt;p&gt;4) The homes Zillow is looking to sell within N months don&amp;#x27;t have the &amp;quot;improvements&amp;quot; to justify the increased price.&lt;p&gt;5) The Zillow financial model turns out to have been biased on historic trends.&lt;p&gt;As others have noted Zillow makes money on more than just the price delta, they are also deploying capital to acquire more of the market to collect fees from.  They are also theoretically able to benefit from appreciating prices being much much higher than interest costs in 2021.&lt;p&gt;The con of all of this is that it&amp;#x27;s a rent seeking business model entering markets that are already full to the brim with rent seekers.  If Zillow acquires enough of the &amp;quot;float&amp;quot; in the market they can effectively set prices to be whatever the demand will bear.  Surprisingly housing is so constrained at this point that in a major city like Boston you could purchase all outstanding homes for  &amp;lt;200 Million dollars.</text><parent_chain></parent_chain></comment><story><title>Zillow has listed 93% of the hundreds of Phoenix homes it owns at a loss</title><url>https://www.businessinsider.com/zillow-offers-ibuyer-sell-phoenix-homes-at-a-loss-2021-10</url></story>
<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>dralley</author><text>The &amp;quot;disrupt&amp;quot; mantra endorsed by Softbank et. al. has grown extremely old. Housing prices in my area have inflated 25% in the past &lt;i&gt;year&lt;/i&gt; - one year - and real estate companies like Zillow immediately buying up everything on the market is a primary contributor.&lt;p&gt;This isn&amp;#x27;t disrupting an industry, this is disrupting &lt;i&gt;people&amp;#x27;s lives&lt;/i&gt;, and for what? What good is supposed to come from Zillow (et. al.) oligopolizing the housing market, and driving up prices like this?</text><parent_chain></parent_chain></comment><story><title>Zillow has listed 93% of the hundreds of Phoenix homes it owns at a loss</title><url>https://www.businessinsider.com/zillow-offers-ibuyer-sell-phoenix-homes-at-a-loss-2021-10</url></story>