highly levered dumb retail cat

@AConcernedPare2 tone it down buddy, you just dont work hard enough and you buy too many avocado toasts

This house is near a nice elementary school in my area. In 1974, on a $12k teacher's salary, this home could easily be purchased for $18,700. In 2026, teachers make $55k. They can't afford a $485k house. Why don't boomers understand how bad it is out there?!

@GMN_watch we have buffet's stamp of approval now 😹

$LEN owns 18.8m $OPEN shares plus warrants.

when $open hits 82 or 500 or 1000 or whatever the target is now 😸

@aukroova @Libpod to byl samozřejmě vtip v duchu "co by mohlo přispět poklesu nemovitostí"🐱asi není žádoucí aby si mladý horko těžko našetřili na hypotéku, vzali si ltv 90% a při 10% poklesu dostali margin call😹

@Libpod @overleveredcat No vsak o tech se bavime, kdyz byl zminen margin call na hypo.

Ceny bytů v Praze nespadnou ani při vyšší výstavbě. Klesnou jedině snad po strašném ekonomickém šoku – aktuálně.cz zpravy.aktualne.cz/ekonomika/ceny…

$open is this the best bears can offer? - we dont know what are interest rates😂 - we dont understand real estate😂 cmon you can do better

@JerryCohen85748 @ssj2abid dude you act like we dont know what are interest rates and what they do to asset prices😅 😂😂 "HOuSE PRiCEs gO UP aNd dOwN, yOu dOn't undErStand rEAl EsTaTe" 😂😂

@ssj2abid @overleveredcat 🤣 higher interest rates are causing their margins to collapse all of the properties around open doors properties homeowners are slashing their prices in order to sell properties because the cost of borrowing is higher, you don't understand real estate

People seem to like math. So I ran the numbers on what happens when $OPEN hits 600-1,200 homes/week at 5-10% contribution margin. Every single cell is net income positive. Kaz is buying 600+/week right now. It truly explains why @ericjackson And @rabois are monstrously bullish. Who wants to see the math? 👀.

@shaguncrypto dont forget avocado toasts

Boomers needed 650 hours to cover a year’s rent Millennials needed 1,800 hours Gen Z now needs 2,800 hours But yeah… just skip coffee and you’ll be fine 😶

@JUST_KAWS $CNI moat cannot be destroyed however very boring

What’s a stock you’d buy every dip without hesitation?

$open came across this bear analysis youtu.be/qbggRKn2-xs?is…

@open_army_japan @ssj2abid Btw the analysis is correct and makes sense, lowball offers -> low conversion -> low inventory and low quality, high days in posession etc... Problem is this is the previous strategy

@open_army_japan @ssj2abid I wouldnt worry about that, its basically brand new business for 6 months? and people still look at the business backwards or dismiss the changes, see this analysis: - meme rally, unsopshisticated retail - reckless expansion - lowball offers only youtu.be/qbggRKn2-xs?is…

Most people don’t realize this, but when Kaz arrived and Opendoor 2.0 kicked off, it created a window that normally only VCs ever see — a Series B–D style entry point inside a public company. What I mean is this: Opendoor isn’t just ‘recovering’ or ‘fixing the old model.’ It’s going through a true rebuild — the kind of second‑founding phase where the business model, cost structure, leadership, and long‑term strategy get rewritten from the ground up. In the private markets, this is exactly when venture capital firms step in. They invest before the numbers fully reflect the transformation, because they understand the inflection point is happening underneath the surface. But this time, because Opendoor is public, individual investors actually have access to that same moment. A moment that, in a normal startup, only VCs would ever be allowed to invest in. That’s the opportunity I’m talking about — a rare chance to enter at a phase that usually never exists in public markets. $OPEN

@VintageGems203 @Opendoor @nejatian @morganb @lucmatheson from latest earnings call: seems you can

@VintageGems203 @Opendoor @nejatian @morganb @lucmatheson Cash plus is sort of that, however i am not sure if customer can change listing price

If people simply don’t like @Opendoor offer why can’t there be an option for the customer receiving the offer to list on $Open platform for the price that they think their home is worth? @nejatian @morganb @lucmatheson

@tantehenia "You cannot fast travel when enemies are nearby"

Less than 24 hours after suffering a WIG INCIDENT, Androgenic got his wig snatched again — this time in front of the girls, leading to a MASSIVE AURA DEFICIT 💔

@SenorTzvi @Y_Malyarchuk "giving a random stranger 1 day to buy a home on opendoor with no budget challenge" 😂

@Y_Malyarchuk A Mr beast collab to give away a house to a new family ;) Or forget him and do it yourself. I can help ;)

Hey #OpenArmy! I’m Yevgeniy, the new social media lead 🏡✨ My goal is simple: really connect with you and share the stories, tips, and behind-the-scenes moments that make Opendoor unique. I want to hear from you—what would you love to see on our socials? Drop your ideas 👇

@wsu311 @JerryCohen85748 @ssj2abid @ericjackson @rabois I thought id get well thought out thesis instead i get this "HOuSE PRiCEs gO UP aNd dOwN" thanks for this information 😂

@JerryCohen85748 @overleveredcat @ssj2abid @ericjackson @rabois 💯 Rates go up = Opendoor buy higher and sell lower. Rates go down = nobody is going to sell to Opendoor for a 15% haircut on their sale. It’s that fucking simple.

@ladyzManz @ssj2abid @ericjackson @rabois good point, refinancing might be just one of those

@ssj2abid @overleveredcat @ericjackson @rabois Not just any services but recurring revenue services is key.

@ssj2abid @JerryCohen85748 @rabois @ericjackson I was genuinely asking whats his bear thesis, nothing wrong with well thought out bear thesis, but I missed it or the thesis is just "model doesnt work and we dont know anything about real estate"

The guy makes no sense, he's literally stating things that Kaz said he will do and calling it bearish, when it is extremely bullish and is not taking into consideration any of the forward guidance/development. But I guess when the numbers prove the model, that's when the ANALysts will start to believe.

@JerryCohen85748 @rabois @ssj2abid @ericjackson why'd you cover if things are so bad

@rabois @ssj2abid @overleveredcat @ericjackson We were short 200,000 shares at just under 10 and covered below five this quarter is going to be a train wreck by the way and if you understood the industry maybe you would tell the truth for once in your life.