“When Grasshoppers say they’re making dog food, it’s really just slop. Go Ants!”
Ramblin’ Gamblin’ Willie: The Grasshopper Rebellion.
Meanwhile, while I’ve been making fun of the Redfin race-piracy lawsuit, it’s important to keep perspective: It’s just another shake-down. I’m guessing Redfin will cave with an expensive cash settlement and some cheap demonstrations of faked contrition.
I would love it if any corporate weenie would stand up to this mishegos, but Redfin spent all Summer lying about racism and papering over the riots happening within blocks of its offices. God bless Glenn Kelman, who I hope has not been assimilated by The Borg, but I’m not looking for any big-balls moves from that direction.
Rob Hahn: Simple Solution to the Redfin Fair Housing Lawsuit. Long read, misses the point: It’s a shake-down. That’s all these lawsuits ever are, going back to Zillow on BloodhoundBlog, but going back to the Community Reinvestment Act, at least.
Glenn Kelman: Redfin & Fair Housing. I can’t imagine what it feels like to discover the burning need for simple human liberty so late in life, but perhaps this has not happened yet, anyway. Consider this: “Certainly no one can complain that Redfin itself has been greedy about our income as a corporation when, in our sixteen years of being a brokerage, we’ve never made an annual profit.” It’s like something out “Atlas Shrugged” – “Don’t call me evil! I’m good-hearted but inept, just like the next guy!” As above, I predict Redfin will pay to make this go away – which policy will invite still more predation.
In the world less shameless:
CNBC: Leaving New York: High earners in finance and tech explain why they left the ‘world’s greatest city.’ CTRL-F Read more
I live a charmed life, just now, and I know it. The resale market in the Valley of the Ever-Fecund Sun has been all my way for seven-ish years, culminating in our current simmering state of frenzy.