Saturday, January 18, 2020

Zillow Talk: The New Rules of Real Estate by Spencer Rascoff and Stan Humphries

I kept listening to this audiobook thinking that Tommy might really enjoy this. It's all about how Zillow uses data to learn about trends in the marketplace for real estate, and how much of our conventional wisdom about real estate is not actually supported by what the data is showing. Tommy has always said that he thought Zillow would be a really fun place to work at, with all of the problems they are working on, and this book confirms that. The only thing I didn't really like about this book was that it kind of seemed like it was almost a long advertisement for Zillow. I get that Zillow is the only company with enough data to support all of this research, and the two authors are the CEO and chief economist of Zillow, but the book seemed pretty self-serving and self-congratulating at times. But there was definitely really interesting information and it makes me wish that everyone had access to this information--it seems like this could change a lot of our country's policies and buying and selling habits. I liked many of the specific chapters and the conclusions they came to, but it seems like they seemed really sure of their conclusions.

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