In a year with an unexpectedly strong housing market, Opendoor, a company that buys homes digitally and resells them, has announced plans for an initial public offering. But can the company’s high-volume, low-margin strategy provide success over the long term? Tom White, the D.A. Davidson Institutional Research Analyst who covers digital home sales companies, addresses the possibilities in an interview with Bloomberg. His comments can be found in “Home-Flipper Opendoor Going Public in Social Capital Merger,” written by Patrick Clark.
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