Spencer Rascoff, Zillow co-founder and former CEO, joins ‘TechCheck’ to discuss the shifting tension in supply and demand pictures around the economy, Spencer’s thoughts on housing, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO:
» Subscribe to CNBC TV:
» Subscribe to CNBC:
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30:
Â
Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Facebook:
Follow CNBC News on Twitter:
Follow CNBC News on Instagram:
#CNBC
#CNBCTV
source
Times have changed. Models must keep up with that change.
#Flow
SHORT SELLERS WILL LOSE LOTS LOTS OF $$$! BULLS will SQUEEZE the Bears, Guaranteed. That's how money is made. FED decision and the CLOWN NEWS are USELESS. Pay attention!!!
Consumer is always right and they want supply and access to capital >getting neither from Democrats 😔
Wow they are out of touch.
Can you make a video explaining how beginners can make huge profit within a short period of time? I mean i was at a seminar and the host spoke about making well over $880,000 within 4months of investing $150,000 i just need to know how.
🤡
UP 16 % Week.. * ALPP… Alpine 4 Holdings. U.S. Manuf. 11 subsidiaries. Revenue UP 195 % in 1st qt 2022. * IQST.. UP 15 % Week.. IQSTEL. New EVOSS Car Announced Last Week. New EVOSS Motorcycles launch 2022. Revenue UP 47 % in 2022.
Don't blame on anything else but the truth of the fed tightening up the money suoply, not only killing the real estates demand but draining out the banking industry's financing resource.
Liar liar liar.
Dude your a fn liar and you know your business model is the problem.
Housing is a basic human right here in the United States, and Zillo among others have hijack the single family home market.
The detail he left out is 30% of all single family homes are now owned by hedge funds funds funds and private equity, and they are sitting on these homes contring the market.
Housing shortage my ass.
These guys are putting lipstick on the pig that they have created.
I think Oil is a little over bought so for that reason I am selling way out of the money calls on Oil ETF by the name of USO strike price 80 short calls and strike price 83 long calls expiration date date 8/5/22
This guy is a failure. 🤡
I THINK I'M BLESSED BECAUSE IF NOT I WOULDN'T HAVE MET SOMEONE WHO IS AS SPECTACULAR AS EXPERT AVA LIO
I THINK SHE IS THE BEST BROKER EVERYONE SHOULD BE PROUD OFF
Don't worry about anything Janet Yellon said this week.. no recession! "Please disperse, nothing to see here…" https://www.youtube.com/watch?v=vINB7N9NKOE
When i think of trash business model and practice I think of Zillow! 🤢
Snap is a loser, as he correctly said.
But He is wrong in extrapolating Snap's poor performance to Meta & Google platforms. In difficult economic time, advertisers shift their ad money to more effectively Digital Ad platform ie Meta & Google.
He’s overthinking this. The demand for digital advertising is down bc businesses haven’t had to advertise to sell bc they have had limited supply.
If demand is too high and we have inflation why would you be spending money on advertising? Consumers are buying everything desirable so the only thing you have to advertising is the junk nobody wants.
advertising is the low hanging fruit when you are looking to cut cost .😆
They couldn’t build houses because the price of lumber and other building materials were exploding, that is, if they were available at all. Now, the high cost of housing prices, combined with spiraling interest rates, are pricing young people completely out of the market. Therefore, rents are exploding, partially due to investment firms attempting to capitalize by pillaging those unable to purchase a home, given the above circumstances; the meager rise in earnings, that everyone says must come to an end, cannot keep pace with the accelerating cost of gas, energy, food, or housing. Inflationary pressure from all sides, is pushing the consumer into using credit cards just to survive each day by charging their way through the very basic needs of life. But, on the bright side, a bunch of stuff, that no one wants or needs, is getting marked down. The whole situation is untenable and a completely unmitigated disaster.
BTC's price has been fluctuating lately, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. The good thing about the space is that you can buy the dips and put them into active trades, while confidently waiting for a pump in price because it is inevitable. Most people do not understand how the space works. Your advantage is understanding , Charts won’t guarantee what an asset is going to do. Prices will go up or down. Nevertheless, the market has been so profitable despite price ups and down. I've always played safe implementing trades with insights and signals from a renowned trader, Mr Howard Dennis. I made 8.5 BTC from the recent crash in the market last week.
I'm glad advertising is down its the most annoying thing in America. YouTube Facebook and Snap sold their soul to advertising and it makes me not want to use their product. For the love of god stop putting advertising on children shows. This should be illegal.
Why should I care that u losen money 💰…. welcome to the club 🤡
yeah cause housing is so much a better buy now? LOL
has anyone noticed how many fat head announcers /personalities are on cnbc? carl, cramer,josh, lebenthal, …..
That's funny I see ads everywhere!
Digital advertising, streaming all can be bypass by blockers, skipping a video or changing a channel with a remote control. The same cannot be said about cinema and theatrical advertising. You have your audience locked in. No phones, no distractions, no skipping, just their undivided attention.
Can't wait till Zillow goes bankrupt
Unfortunately you have lost all your credibility. Another Fake News Network.