83 min listen
*Unlocked* – What If An Algorithm Bought Your Home?
*Unlocked* – What If An Algorithm Bought Your Home?
ratings:
Length:
77 minutes
Released:
Jul 13, 2022
Format:
Podcast episode
Description
{For this week we're unlocking a classic episode}
We talk about the absurdities of proptech – or the real estate technology sector – which is jam packed with out-of-control purchasing by house-flipping algorithms powered by automated valuation models that lead to balance sheets filled with liabilities and it’s all fuelled by way too much free-flowing capital. In other words, a classic recipe for disaster.
The article we discuss:
••• House-flipping algorithms are coming to your neighborhood | Matthew Ponsford https://www.technologyreview.com/2022/04/13/1049227/house-flipping-algorithms-are-coming-to-your-neighborhood/
Subscribe to hear more analysis and commentary in our premium episodes every week! patreon.com/thismachinekills
Grab fresh new TMK gear: bonfire.com/store/this-machine-kills-podcast/
Hosted by Jathan Sadowski (twitter.com/jathansadowski) and Edward Ongweso Jr. (twitter.com/bigblackjacobin). Production / Music by Jereme Brown (twitter.com/braunestahl)
We talk about the absurdities of proptech – or the real estate technology sector – which is jam packed with out-of-control purchasing by house-flipping algorithms powered by automated valuation models that lead to balance sheets filled with liabilities and it’s all fuelled by way too much free-flowing capital. In other words, a classic recipe for disaster.
The article we discuss:
••• House-flipping algorithms are coming to your neighborhood | Matthew Ponsford https://www.technologyreview.com/2022/04/13/1049227/house-flipping-algorithms-are-coming-to-your-neighborhood/
Subscribe to hear more analysis and commentary in our premium episodes every week! patreon.com/thismachinekills
Grab fresh new TMK gear: bonfire.com/store/this-machine-kills-podcast/
Hosted by Jathan Sadowski (twitter.com/jathansadowski) and Edward Ongweso Jr. (twitter.com/bigblackjacobin). Production / Music by Jereme Brown (twitter.com/braunestahl)
Released:
Jul 13, 2022
Format:
Podcast episode
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