Are Real Estate Websites Shaping The Housing Market?

Are Real Estate Websites Shaping The Housing Market?

Assessment

Interactive Video

Other

University

Hard

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The video discusses the rise of real estate sites like Zillow and Redfin, their impact during the pandemic, and the controversy surrounding their influence on the housing market. It explains the concept of I buyers, who purchase homes for cash, and addresses criticisms about data usage and market manipulation. The video clarifies that I buyers have a minimal market share and are not the main cause of the housing crisis. It highlights the role of investment firms in buying properties, contributing to the competitive housing market.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the criticisms faced by iBuyers regarding their influence on housing prices.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the current housing market crisis beyond the actions of iBuyers?

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