Your Future Home hosts Baker Machado and Jill Wagner discuss today's top real estate stories. From Amazon's potential second headquarters to the rise of mortgage applications, we have you covered!
Selected cities have major concerns over Amazon movin' in. Civic organizers are concerned that all the new residents employed by Amazon would put a strain on locals already struggling with high housing prices and crawling commutes.
Plus, according to a new report from the Mortgage Bankers Association, mortgage applications rose 4.5% last week as buyers are rushing in to beat higher rates. The report said volume was up more than 6% versus a year ago.
OpenAI has announced that ChatGPT will soon engage in "erotica for verified adults." CEO Sam Altman says the company aims to allow more user freedom for adults while setting limits for teens. OpenAI isn't the first to explore sexualized AI, but previous attempts have faced legal and societal challenges. Altman believes OpenAI isn't the "moral police" and wants to differentiate content similar to how Hollywood differentiates R-rated movies. This move could help OpenAI, which is losing money, turn a profit. However, experts express concerns about the impact on real-world relationships and the potential for misuse.
CNN is launching a new “All Access” streaming subscription in the U.S. on October 28th, priced at $6.99 a month, or just $69.99 if you sign up for a full year.
WSJ’s Alexander Gladstone reveals the story behind First Brands’ sudden bankruptcy: hidden deals, corporate chaos, and a mystery that shook the auto world.