They say they don’t want to try to “predict” home prices, saying “if you’re a flipper, we’re not talking to you!”
Instead, they are trying to predict rent prices. Ummm… what’s the difference really?
They may have forgotten that this is pretty much a zero sum game too. If we have record home owners in this country, then where are all the renters going to come from to justify the rent they think they are going to get on a specific home? What happens to their model if rent prices sink (relatively speaking)?
There are many more points, but who has time to waste on flawed logic.
