huh, this is fascinating and hard to disagree... https://lnkd.in/gMP2ZHPe #housing #bigdata #housingcrisis #commercialization Tech Policy Press Kyle Lintala James Chung Andrew Reid Megan Nethercote Leonard Kiefer Clare Knapp, PhD Jefre Outlaw Tim Parham Michelle Boyd David A. Garcia KC Crosby Yat-Pang Au Drew Meyers Jenna Louie Sheila Shockey Shanti Abedin Namon Freeman Lissa Cruzado Edgecomb Alfian Wibawa Graciela Watrous Yarrow Brown Rory Rubin, Modular BUILDING Solutions Danielle Wallick
Atul Bhatt
2w
Data is value neutral. It is just bits and bytes. We associate meaning to the data. It fascinates me that rapid digitalization of the world has simulatenously caused everyone to seek and find ways to fulfil whatever their urges might be - whether it is to maximize profit, social impact, well-being od the planet, equity or any other urge. And yet, there is a near instantaneous realization of the unintended negative consequences of our actions. Consequences of our ways of living and thinking that were always present but only became obvious to us only over a much longer period of time. And hence the worsening mental health of the society. It’s noxious indeed. But is it caused by datafication or is datafication merely a mirror that reflects our actions back us? With respect to housing, what allowed creation of housing at a large scale - fractional lending, mortgage loan insurance, securitization and industrialization - has reached unsustainable levels of lending, insurance, risk acceptance and climate change. Social inequity we see today is a downstream result of a century of what seemed like progressive policies. In fairness we are all better off than we were a century ago even if not equally better off. We are okay.
I don't find it hard to disagree at all. These two authors apparently have not built a house or developed a community nor been in a business venture hoping to make a profit from their skill and willingness to take on risk. I wonder if they will maintain their premise about housing or any other endeavor once they have done either!
"Companies such as Zillow and realtors.com act as digital listing agents that connect home sellers with buyers" says to me that these people, Alexandre Petitclerc and David Eliot, have zero clue about how Zillow works, what it does, where the listings data comes from, and why. In exchange for matching consumers with buyer agents, Zillow Flex is compensated by the buyer agents with 40% of their commission, is the short version. https://homeopenly.com/guide/Zillow-Flex-Antitrust Further, there is no right to privacy when it comes to housing data, same as any data about any thing, aside from a Person. One can easily use housing data to improve the market, its just not how Zillow or Opendoor chooses to use it. This is a matter of lack of RESPA and Sherman Act enforcement, as opposed to the value of data itself.
Matthew Haas
2w
Add to this the layers upon layers of data metrics outcomes for the myriad of fed, state and local programs and funding streams measuring social impact plus already the entitlements under zoning. Is the same noxious deal data infiltrating the community capital matrix and also creating systems fatigue? And add to this the overlay of supportive services and case management necessary for tenant occupancy and retention in homeless housing.
Bill Mague
2w
That’s the man’s boot on the throat of our society. Happy 4th!
Ryan Schade
2w
🤔
Kyle Lintala
2w
Jennifer Castenson - Thanks for sharing, this is a fascinating read! Alex Kontras - This article may be worth your time! I found it to be a great articulation of one of the more nuanced factors impacting affordability and widening socioeconomic gaps.
This article came across my inbox today as well. Good stuff. https://hbr.org/2024/06/how-to-vet-information-before-making-a-decision?utm_medium=email&utm_source=newsletter_weekly&utm_campaign=weeklyhotlist_Active&deliveryName=NL_Hotlist_20240701