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Zillow CEO sounds alarm on worrying trend rattling the US housing market
(www.thestreet.com)
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this post was submitted on 11 Aug 2025
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I have blocks and blocks and every wooded inbetween space around here getting bought up, chopped up, and slapped with high density 3 floor
starting from the low low price of $450,000. There isn't a field or wooded area left.
Do these people live on another planet?
I get so depressed when I go on Google Maps streetview and compare present and past images of one of the streets I grew up near.
15 years ago it was a narrow 2-lane street surrounded on both sides by tall trees and the occasional house that was built in like the 1930s. Now it's a 6-lane stroad with 5-over-1 apartments, McMansions, shopping plazas and fast food joints. Yet somehow there's still a "housing shortage" and businesses are struggling to stay open.