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Nothing seems to stop the relentless march of property values, even with a stamp duty increase looming

It’s been a bumpy ride for the housing market in recent years, after Liz Truss’s disastrous mini budget of September 2022 created a surge in borrowing costs that have cost many households dearly.

But despite elevated mortgage and rent costs, the market this year has turned out to be “surprisingly resilient”, according to Nationwide building society. Experts had expected house prices to stay flat or fall, but average prices are expected to have risen by more than 3% in 2024, after falling by 1.4% in 2023.

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-0.76

Bearish/Bullish

21.12.24 08:33

by theguardian.com

OpenAI whistleblower who died was being considered as witness against company

Suchir Balaji, listed in court filing as having ‘relevant documents’ about copyright violation, died on 26 November

Suchir Balaji, a former OpenAI engineer and whistleblower who helped train the artificial intelligence systems behind ChatGPT and later said he believed those practices violated copyright law, has died, according to his parents and San Francisco officials. He was 26.

Balaji worked at OpenAI for nearly four years before quitting in August. He had been well-regarded by colleagues at the San Francisco company, where a co-founder this week called him one of OpenAI’s strongest contributors who was essential to developing some of its products.

United States of America