this post was submitted on 30 Apr 2025
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A Boring Dystopia
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Zillow is a part of the problem. With all the data collected and only a few companies, prices are conveniently increasing at extreme rates. It is not just cities; land and rural areas are increasing at high rates.
The real issue is the commodification of housing. Houses shouldn't make people money; they are supposed to be homes to live in.
I don't necessarily agree that people can't make any money on a property portfolio, but it should definitely have a set limit to prevent life's essentials from becoming unaffordable. And I wouldn't stop there and continue this with other essentials like healthy consumables and utilities like power/gas/water and entry level broadband internet access.
This! We have the means to provide housing for everyone but don't because, fuck you thats why.
Speaking of which, zillow's stupid "zestimate" is worthless. Any assclown can put their house up for way too high a price and the zestimate will automatically jump up to match.
Apparently the value is whatever the seller says it is, even if the home has been on the market for over a year (either continuously or repeatedly taken off and put on, I guess to reset the time on market).