Divvy Homes, Once Valued at $2 Billion, Is Sold for Half That Price

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The New York Times – Business:

The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent-to-own model and make it more consumer friendly. High interest rates and mortgage rates thwarted those plans.

This post first appeared in The New York Times – Business. Read the original article.