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CSGPBULLISHCore thesis · 5/5

CoStar's data monopoly discounted by homes.com burn

The bull case argued for CoStar: the market is fixated on the cash burn from the homes.com residential portal investment, undervaluing the core high-margin commercial real estate data monopoly.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE