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I come from a marketplace background myself and went through two bubbles so you were spot on when you said it was easy for me to say "bets are off in a bubble"--it was easy! And it would have been even easier for me to say marketplace = no brainer. But I just think there are some benefits to leveraging existing demand-side players.

At the risk of agreeing with you too much, though, "why not?" is true, but I think the numbers could be pretty attractive regardless if they ever go/get there.

No inside info here either, btw, though I like to think I get some of the nuances in this market. Sounds like you do as well.



upon further reflection, changed my assessment. think the goal is to become the amazon of real estate, that is the default place for buying, selling, and leasing real estate. details: https://medium.com/@panabee/analyzing-opendoor-unicorn-or-bu...


not sure about leasing but too late to modify the comment re opendoor :)




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