Home Flipper OpenDoor is HEMORRHAGING MONEY Big Trouble

2 years ago
1

The home flipper Opendoor is in big trouble and is now losing money on roughly HALF of all attempted home flips, which is helping their stock price plummet over 70% since the beginning of 2022. What kind of affect and meaning does this have for the housing market and the economy?

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Articles Mentioned in the Video

https://www.zerohedge.com/markets/home-robo-flipper-opendoor-saddles-massive-losses-after-losing-money-42-all-transactions

https://www.floridarealtors.org/news-media/news-articles/2022/09/consumers-expect-inflation-drop-next-year?utm_campaign=9-20-22+Florida+Realtors+News&utm_source=iPost&utm_medium=email

https://apple.news/ABBklv4aGTp61XHP7-8IbBA

https://apple.news/AL6t7IIoXRV2TWkbw7MJuhQ

https://apple.news/AxpeFhPI_Rx-dqq87oxyStw

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