This Month in Seattle Tech: What Doomed Zillow’s Home-Flipping Biz?

Like many other tech companies, Zillow seemed like it was having an uncomfortably good pandemic. Its stock price soared during shutdowns as millennials and boomers scrolled endlessly through home listings. This property voyeurism was so common among quarantining couples that Saturday Night Live compared it to sex. You couldn’t have paid for a better plug. “Z-Day is the new V-Day,” Zillow tweeted in response, adding a heart emoji.

But less than a year later, the internet’s fallen out of love with the Seattle-based real estate giant. In September, a viral TikTok video accused Zillow and other iBuyers, or tech companies who instantly buy and sell homes,

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