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How Delta Variant Affects Real Estate

Aug.06 — Redfin CEO Glenn Kelman discusses how home and office sales have been affected by companies deciding to delay return to office plans as cases of the Covid-19 delta variant surge. He also talks about his company’s 2Q earnings and climate change’s effect on real estate. He speaks with Emily Chang on “Bloomberg Technology.”

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Aug.06 — Redfin CEO Glenn Kelman discusses how home and office sales have been affected by companies deciding to delay return to office plans as cases of the Covid-19 delta variant surge. He also talks about his company’s 2Q earnings and climate change’s effect on real estate. He speaks with Emily Chang on “Bloomberg Technology.”

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13 Comments

13 Comments

  1. Millionaire Mindset Club

    August 6, 2021 at 10:56 pm

    Prices in Texas are THROUGH the roof!

  2. mrPmj00

    August 6, 2021 at 11:04 pm

    …Lockdown! Lockdown! Lockdown! Lockdown! Lockdown! Lockdown! Lockdown! Lockdown!
    CDC said the Delta variant is 1000 times more contagious than before.

  3. mrPmj00

    August 6, 2021 at 11:04 pm

    AMAZON:
    Yep, I bought a ton on the dip.

    Amazon invested $14 billion in the last quarter alone, the same as it spent in 6 months before that. It is a do not sell stock.

    …With the Delta virus coming at full speed ahead, pandemic sales will make a comeback.

    Amazon is investing so much money, that no competitor will ever be able to catch up.

    Amazon’s not going anywhere so I know that eventually it will come back.
    Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market)

    Get on board or be runover, it’s up to you.

  4. chicofiis

    August 7, 2021 at 12:08 am

    That man makes me feel afraid about real state market

    • Students International

      August 8, 2021 at 6:13 am

      News business model is based on a fear mongering!
      BREAKING NEWS..Everyone and everything is fine!!you’d never get that..ever!!

  5. Barnett

    August 7, 2021 at 1:07 am

    If the real estate guy thinks we might be in a bubble, we’re probably in a bubble.

    • Students International

      August 8, 2021 at 6:12 am

      ???????? not sure about the inference here but ok!????

  6. Tibor Deak

    August 7, 2021 at 4:06 pm

    *The reality of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left”*

    • Glen Cooney

      August 7, 2021 at 4:18 pm

      @Paige through Whats App, his availability is sure????

    • Paige

      August 7, 2021 at 4:20 pm

      @Glen Cooney I have been researching all this while for digital assets investment and I found Bitcoin to be the most profiting of them all, I’m definitely bouncing on this opportunity to work with Michael, thank you so much.

    • Dora Beckley

      August 7, 2021 at 4:21 pm

      He has been able to secure a steady inflow of returns off my crypto, it’s was a lost with this whole pandemic situation causing me my job, it’s just amazing to find Mr Robert and there’s been no regrets ever since.

    • Charles Manson

      August 7, 2021 at 4:23 pm

      I’m happy to see Mr MICHAEL ROBERT mentioned here, My spouse recommended him to me after investing $4000 and he has really helped us financially in this times of COVID-19 lockdown here in Australia

  7. Kevin

    August 7, 2021 at 5:54 pm

    That’s not true. If you’re going remote or leaving California or NYC to work elsewhere you aren’t getting paid your rate in CA or NYC. You are getting market rate in the market your relocate to. How are these people not realizing that?

    This reshuffling isn’t good because it’s driving rates up in small towns.

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Bloomberg Technology

SpaceX Starship Rocket Takes Off From Texas

Elon Musk’s SpaceX successfully launched its Starship rocket from Texas. It reached space a few minutes later and deployed 20 dummy Starlink satellites. The closely watched flight is a key demonstration of upgrades from previously launched Starship prototypes, including increasing the rocket’s power and capability. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Elon Musk’s SpaceX successfully launched its Starship rocket from Texas. It reached space a few minutes later and deployed 20 dummy Starlink satellites. The closely watched flight is a key demonstration of upgrades from previously launched Starship prototypes, including increasing the rocket’s power and capability.
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SpaceX Halts Starship Launch, Lenovo Soars on AI Growth | Bloomberg Tech 5/22/2026

Bloomberg’s Ed Ludlow breaks down what comes next after a critical Starship launch was scrubbed, and he discusses what that means for the space company’s planned mega IPO with a SpaceX alumni and an early investor. Plus, an exclusive conversation with Lenovo CFO Winston Cheng after the world-leading PC maker soars post-earnings on strong AI…

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Bloomberg’s Ed Ludlow breaks down what comes next after a critical Starship launch was scrubbed, and he discusses what that means for the space company’s planned mega IPO with a SpaceX alumni and an early investor. Plus, an exclusive conversation with Lenovo CFO Winston Cheng after the world-leading PC maker soars post-earnings on strong AI growth.

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00:00:00 – Bloomberg Tech Begins
00:01:12 – Loren Grush, Bloomberg News
00:04:03 – Laura Crabtree, Epsilon3 CEO
00:11:54 – Winston Cheng, Lenovo CFO
00:19:02 – Dana Wollman, Bloomberg News
00:24:18 – Brody Ford, Bloomberg News
00:26:38 – Michelle Chang, Zoom CFO
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Lenovo CFO Weighs In on Strong AI Growth

Shares of Lenovo soared in Hong Kong trading Friday after the company reported strong growth in AI-related earnings, offsetting challenges from rising component prices. Winston Cheng, CFO of Lenovo, joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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Shares of Lenovo soared in Hong Kong trading Friday after the company reported strong growth in AI-related earnings, offsetting challenges from rising component prices. Winston Cheng, CFO of Lenovo, joins Ed Ludlow on “Bloomberg Tech.”
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