'It's called StreetEasy, not StreetHard': Mamdani cracks down on scourge of 'housefishing’ and 'real estate slop' | Fortune

New York City is proposing AI disclosure rules for rental listing photos to help renters spot digitally altered images.

• New York City is proposing new rules requiring disclosure of AI-generated or digitally altered photos in rental listings to combat 'housefishing'.
• The proposal aims to increase transparency in online housing marketplaces, as generative AI makes it easier to create misleading listing images.
• This initiative reflects a broader trend of regulating AI use in real estate to protect consumers making significant financial decisions.

Topics: Legal regulatory, Asset types, Investor protection disclosure, Real assets

Tags: #aidisclosure #rentallistings #housefishing #digitalalteration #newyorkcity #zillow #transparency #realestateslop #generativeai

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'Buy a ticket for 60 bucks and resell it for $6,000': NYC Mayor Mamdani criticized FIFA's resale market, but his jersey drop created the same thing | Fortune

The New York City mayor has been very vocal about FIFA's resale market and how ordinary, working class New Yorkers were priced out of a limited supply.

• New York City Mayor Mamdani criticized FIFA's high ticket prices and resale market, advocating for accessibility for working-class New Yorkers.
• However, the city's own release of limited-edition World Cup jerseys faced similar issues, with high demand leading to rapid sell-outs and significant markups on the resale market.
• This situation highlights the challenges of managing scarcity and demand, even when attempting to provide affordable access to desirable items.

Topics: Asset types, Scalability, Institutional adoption, Alternative assets, Market depth liquidity, Asset manager initiatives

Tags: #fifa #resalemarket #newyorkcity #jerseys #scalping #limitedsupply #ticketprices #mayormamdani #workingclass #speculators

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