Can these companies WRECK the ENTIRE housing market?

A TikTok video made the rounds recently claiming that big online real estate companies are buying up properties to jack up prices. What’s really going on? ►Watch me trade live every weekday: https://twitch.tv/thestockguy Responding to this TikTok realtor: https://www.tiktok.com/@seangotcher/video/7007855978309848325 TheStockGuy:…

Can these companies WRECK the ENTIRE housing market?

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A TikTok video made the rounds recently claiming that big online real estate companies are buying up properties to jack up prices. What’s really going on?
►Watch me trade live every weekday: https://twitch.tv/thestockguy

Responding to this TikTok realtor: https://www.tiktok.com/@seangotcher/video/7007855978309848325

TheStockGuy:
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►Twitter: https://twitter.com/TheStockGuyTV
►Reddit: https://reddit.com/r/TheStockGuy
►Instagram: https://instagram.com/therealstockguy

Chapters:
0:00 – Intro
0:25 – Reacting to viral TikTok video about the housing market
1:00 – Amazon has done this before (AMZN)
2:10 – With enough data, you can undercut your competition
3:45 – Walmart has followed this model as well (WMT)
4:20 – What does this have to do with real estate?
5:30 – Again, with enough user data they can corner the market
6:30 – They can then dictate the price of housing in a neighborhood
7:59 – Targeting users, controlling appraisals
8:44 – Get rich by making things more convenient
10:05 – The same can be done with rental properties
11:00 – Evictions/foreclosures are helping consolidate properties to corporations
11:52 – Zillow and Redfin’s responses (ZG, RDFN)
12:33 – The counter-argument: this isn’t new
13:05 – Too much price manipulation could lead to a housing crisis
13:55 – Housing prices are very high right now
16:00 – Is there actual profit in this business model?

Investing and trading are two different beasts. Please do your own research and due diligence before buying or selling stocks, options, forex or equities. These are opinions only, please make financial decisions on your own. Personal Finance is important!

#stockmarket #housingmarket #realestate

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