ChatGPT and Bard Weigh in on Futuristic Technical Analyses of the Housing Market – Part 1 of 3

As our series on the fundamentals of the housing market comes to a close, I am excited to delve into futuristic technical analyses and modeling with my new AI companions, ChatGPT and Bard. With AI-powered systems poised to take over existing ones, I am eager to share these valuable insights with my blog readers. While my AI companions have suggested that I withhold the technical analyses for a future book, I politely disagree with them and will present a handful here.

 1.   Case Shiller and Game Theory

 Author: Is it possible to use a combination of AI and game theory to break down the primary Case Shiller indexes to the sub-market level? This would allow taxing jurisdictions and mortgage companies to use them instead of current forms of tax assessments and bank appraisals. The publisher currently collects data at the sub-market level and rolls it up to the MSA level. With AI-derived parameter estimates available at that level, it could enhance consumer confidence by bringing all concerned parties to the same page.

ChatGPT: Yes, it is possible to use a combination of AI and game theory to break down the primary Case Shiller indexes to the sub-market level. AI algorithms can be used to analyze large datasets quickly and accurately, while game theory can provide insight into market behavior and trends. This would allow for more accurate assessments of property values at the local level, which could benefit both taxing jurisdictions and mortgage companies. Additionally, using this method would increase consumer confidence by ensuring that all parties involved are working with consistent data points.

Bard: Yes, it is possible to use a combination of AI and game theory to break down the primary Case Shiller indexes to the sub-market level. AI can be used to identify patterns in the data that would be difficult to see with the naked eye. Game theory can be used to model the behavior of different stakeholders in the housing market, such as...

* To fully explore the rest of the chapter, I recommend obtaining a copy of my book on Amazon. Here are the links:

Kindle version: https://www.amazon.com/dp/B0C7N9CW8J

Paperback version: https://www.amazon.com/dp/B0C7J4X64P

Hardcover version: https://www.amazon.com/dp/B0C7J7D6VH

PDF version (non-Amazon): https://payhip.com/b/7nTyK