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@moseskagan @spencertbarber Wouldn’t be much much bigger reason to be that our politicians go into it with noble goals, but are captured at low levels and then capacity built to the highest levels where they can serve those who got them there.
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@spencertbarber Lots of reasons, but here is one:
Those guys all campaigned (well, not GW - he was basically acclimated) and governed in text
Radio, TV and the internet totally changed the type of candidate who wins elections
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@ThinkAppraiser Interesting - 2024 was a much stronger RE year. Lower rates way more of a frenzy.
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Buy a home in a trendy gentrifying neighborhood.
Nothing will give you a better return on your investment .
Just did an Appraisal for a house in Eagle Rock, CA
List price 1.5 contract price 1.7
As I’m driving the area, I see a very similar property on the same street. I look it up and it sold for 1.3 in 2024
Nothing beats the appreciation forced on a property by a gentrifying, trendy area
Buy in areas where everybody wants to be even if you have to pay a little bit more
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@AlexForbesOps Super clean, good times, can just relax and let them take it all in. It’s good if it’s not too hot. Idk how much it costs, we live 30 min away and have a season pass. Worth it for kids under 12
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@ThinkAppraiser I bought a building from a guy who was running that business, and it seemed like the least stressful way to make money in the world. They also filled up and replaced buildings full of fire extinguishers.
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I seriously need some help here. My neighbor just put up this massive metal fence right along our property line and I’m honestly pretty upset about it. It completely changed the whole feel of my driveway and now it looks like I’m pulling into some kind of industrial corridor. I had no idea this was even happening until the thing was already built. It feels like my space just got boxed in overnight. What on earth can I do in a situation like this???

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@JebraFaushay Yeah he’s still decent. Let him do his thing. Heck of a song
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@ThinkAppraiser @CNviolations To be clear, he said who would want a democratic house, not a Democrat Democratic president
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@CNviolations Based on historical data since World War II, the U.S. economy has performed better on average under Democratic presidents than Republican ones, with higher rates of GDP growth, job creation, and lower unemployment.
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How insane do you have to be to want the Dems to control the House?
Kalshi@Kalshi
BREAKING: 85% chance Democrats win the House this year, an all-time high.
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@DukeInvests @nasjacktrading @Opendoor @nejatian @morganb @dangreenoh Well put and great question. My understanding is the 4.99 mortgage is chopping a bunch of middle men out, but it doesn’t mean that it’s permanent and there could be some happy medium where it’s still cheaper to go through Opendoor, but they are making margin.
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Dear @opendoor (cc @nejatian @morganb @dangreenoh) I'm a shareholder and genuinely bullish on Opendoor's ability to disrupt real estate transactions, but disruption and profitability are two very different things, and I'd love some clarity on the path to the latter.
Here's what I'm wrestling with: IBuying is inherently a thin margin business, and you've been transparent about wanting to be a high-velocity market maker with tight spreads. I respect that vision. But the math only works if ancillary services — title, escrow, mortgage — carry real margin weight. As far as I can tell, that's always been the thesis for why the bundle matters.
I've read your mortgage rate explanation, and I get the vision. You're doing to mortgage what E*TRADE did to stock trading and TurboTax did to taxes — eliminating the legacy cost structure through automation and AI, and passing those savings to buyers instead of pocketing them. That's a compelling consumer proposition!
But here's my question as a shareholder: if IBuying runs on thin margins by design, and mortgage is structured to pass savings to consumers rather than generate margin for Opendoor, where does the meaningful margin actually come from? Title and escrow help at the edges, but I'm struggling to see what the high-margin wedge is in the long-term model.
A few specific things I'd love management to address:
1. Is the thesis that Opendoor ultimately succeeds as a high-volume, single-digit gross margin business, and if so, what does the unit economics picture look like at scale?
2. Will mortgages be held on the balance sheet or sold? That changes the risk and return profile significantly.
3. Is there a future services layer — beyond title, escrow, and mortgage — that's intended to be a genuine profit center?
I'm bullish on the team and the model, but I want to understand the explicit plan for how margin builds over time, not just how costs come down for consumers.
Would appreciate hearing management's long-term margin architecture laid out plainly. I don't think I'm the only shareholder asking.
Sincerely,
$OPEN Shareholder
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@jordantimes5 @kevinmo99146200 @motivHAT3 @KathleenWinche3 Yeah for sure. Didn’t know it was that common but with brain swelling wild things can happen.
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@therobertmorris @kevinmo99146200 @motivHAT3 @KathleenWinche3 Yeah he doesnt always come across as completely believable. I can't argue that. I was only commenting that it's not unheard of to go from severely concussed but conscious, to comatose or even dead in a matter of hours.
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@jordantimes5 @kevinmo99146200 @motivHAT3 @KathleenWinche3 I can buy it - like I said I’ve heard a lot of this guys stories over the past few weeks and it’s clear he’s an embellisher
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@therobertmorris @kevinmo99146200 @motivHAT3 @KathleenWinche3 You're not a boxing fan are ya? It happens.
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@kevinmo99146200 @motivHAT3 @KathleenWinche3 So he was conscious, questioned by the police and then became comatose… no.
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@therobertmorris @motivHAT3 @KathleenWinche3 Did you not listen? He said he faded out later at the hospital
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@motivHAT3 @KathleenWinche3 How was he in a coma but also sitting birds tweeting like a cartoon…
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@KathleenWinche3 Am I the only one who thinks 90% of this guys interviews are bullshit
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@motivHAT3 @KathleenWinche3 It’s very obvious. I don’t know who he is, but I’ve been seeing a lot of him and I’m always like wow this guy is a compulsive liar
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Just started a job at Chipotle and today was my first real shift. They sent me to the back to wash dishes and I walked in to a mountain of them piled up. I’m talking sinks full, racks full, everything. I literally said ‘there’s no way you expect one person to wash all of this.’
Manager basically told me if I didn’t finish them all I’d be sent home and probably fired. I didn’t sign up to be the entire dish crew by myself. I get doing your part, but dumping an entire shift’s worth of dishes on someone who just started feels completely crqzy.
I honestly don’t understand how places think this is okay.”

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