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anchpop
on Nov 3, 2021
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Zillow to stop flipping homes, loses more than $55...
So they basically gave $550 million to UMC homeowners by overpaying for houses, while making it slightly harder for other UMC wanna-be homeowners to buy homes for a couple months. Not the worst outcome I can imagine
mikewarot
on Nov 3, 2021
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What does United Methodist Church have to do with this? UMC?
anchpop
on Nov 3, 2021
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Upper Middle Class
jachee
on Nov 3, 2021
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“Upwardly Mobile Consumer” seems to fit, but I’ll admit it’s a guess.
whimsicalism
on Nov 3, 2021
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Is the threshold for being "UMC" owning a home now? Most of these homes were not uber pricey.
prawn
on Nov 4, 2021
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I think it was more shorthand for "someone at least able to be in the housing market".
raducu
on Nov 3, 2021
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Is it 100% guaranteee the $550 million won't be a bailout of some sorts?
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