Matt Levine’s Money Stuff: Zillow Tried to Make Less Money

Nov. 18, 2021, 6:09 PM UTC

Programming note: Money Stuff will be off tomorrow, back on Monday.

Zillow

On the one hand, sure, I can see why someone might consider this a problem:

When executives at Zillow Group Inc. pored over the company’s earnings in the spring, they saw a problem: The real-estate firm was making too much money.

On the other hand, it does feel like a problem that I would happily take off Zillow’s hands? There are worse problems than making too much money! Making too little money is a worse problem, for instance. Losing money. These are the problems. Making too much money ...

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