Bill Brown, CEO of property-visualization company Matterport, talks to Cheddar about how technology...from virtual reality to 3D printing, is influencing the real estate market in our "House Rules" segment sponsored by Chase Home Lending.
Matterport provides 3D and virtual reality models as a medium for real estate agents to show off properties. Brown talks about how millennials are in an "always-on" mode and crave an interactive connection with almost everything. He says young adults are more likely to buy a property, sight unseen, than any other generation.
And although seeing houses through a virtual reality headset or a 3D model can save a lot of time and money for the buyer, it still doesn't necessarily eliminate the need to see the house in person. Brown says there are certain circumstances where it will be most useful, for example moving across the country or wanting to invest overseas.
Luke Larsen, senior editor at Digital Trends, joins Cheddar News to discuss the largest tech convention in the world, CES, kicking off in Las Vegas this week.
Renewable energy company Heliogen has gone public via a SPAC merger with blank check company Athena Technology Acquisition Corp. on the NYSE. Joining Cheddar, founder and CEO Bill Gross went into why he felt the end of 2021 was the best time to get into the public markets. "If you think of the Industrial Revolution and the digital revolution, this renewable revolution is probably going to be as big or larger than that," he said. "So we're going to use this capital to scale our business, to meet more customer demand, to do more projects in parallel, and to scale our research and development to continue to drive down the price to be competitive with fossil fuels."
