> It wasn't long ago that we were reading how Zillow et al were going to buy up all the housing stock and keep millenials and Zoomers homeless forever.
I think you're making a significant error there: the narrative you're criticizing wasn't focused exclusively on Zillow, but rather "big investors" buying up single family homes and pushing actual single families out of that market. This news does nothing to repudiate that narrative, from the OP:
> The company is seeking roughly $2.8 billion for the houses, which are being pitched to institutional investors, according to people familiar with the matter. Zillow will likely sell the properties to a multitude of buyers rather than packaging them in a single transaction, said the people, who asked not to be named because the matter is private.
I think you're making a significant error there: the narrative you're criticizing wasn't focused exclusively on Zillow, but rather "big investors" buying up single family homes and pushing actual single families out of that market. This news does nothing to repudiate that narrative, from the OP:
> The company is seeking roughly $2.8 billion for the houses, which are being pitched to institutional investors, according to people familiar with the matter. Zillow will likely sell the properties to a multitude of buyers rather than packaging them in a single transaction, said the people, who asked not to be named because the matter is private.