Slate Money - Felix Learns What A Condo Is
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Slate
3.9 • 1.1K Ratings
🗓️ 8 October 2022
⏱️ 51 minutes
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Summary
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by housing market analyst and real estate appraiser Jonathan Miller to answer all their burning real estate questions including what’s going on with mortgage rates, how do new luxury buildings affect prices, and why is rent so damn high?
In the Plus segment: Why do people want so much space?
Podcast production by Jessamine Molli.
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Transcript
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| 0:00.0 | Hello and welcome to the Felix Lens What a Condo is, episode of Slate Money. |
| 0:19.1 | Your guide to the business and Finance News of the Week. |
| 0:22.1 | I'm Felix Simon of Axios. |
| 0:23.4 | I'm here with Elizabeth Spires. |
| 0:25.0 | Hello. |
| 0:25.4 | I'm here with Emily Peck, also of Axios. |
| 0:28.4 | Hi. |
| 0:29.1 | And we are here with Jonathan Miller. |
| 0:33.1 | Jonathan, welcome. |
| 0:34.6 | And tell us who you are. |
| 0:37.0 | So glad to be here. I am an appraiser and market analyst |
| 0:41.2 | based in New York that spends way too much time looking at housing numbers. And so when you say market |
| 0:47.8 | analyst, you're not talking about stocks. You're not talking about bonds. You're talking about |
| 0:51.3 | the things that we live in. Now, I'm talking about |
| 0:54.7 | housing market analysts and every summer I teach market analysis at Columbia. So this is what we're |
| 1:01.8 | diving into today. We have a whole episode devoted to the housing market. We're going to talk |
| 1:05.9 | about mortgage rates. We're going to talk about yimbies and nimbies. We're going to talk about |
| 1:10.8 | my favorite subject, which is why do people want so much space? |
| 1:14.7 | And yes, we are going to talk about this weird, terminological bizarreness that the Americans have. |
| 1:21.4 | That according to whether you rent it or own it, it's a different word for the same thing. |
| 1:25.5 | It's all coming up on slate money. |
| 1:30.6 | So, Jonathan, we have so much to talk about, but we really do need to start with mortgage rates, |
... |
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