Hello and welcome to the Felix Lens What a Condo is episode of Slate Money. Your guide to the Business and Finance News of the Week.

I'm Felix Simon of Axios. I'm Felix I'm going to

Axios. I'm here with Elizabeth Spires. Hello. I'm here with

Emily Peck also of Axios. Hi. And we are here with Jonathan Miller. Jonathan, welcome and tell us who you are.

So glad to be here. I am an appraiser and market analyst based in New York that spends way too much time looking at

housing numbers. And so when you say market analyst you're not talking about

stocks you're not talking about bonds you're talking about the things that we live in now I'm talking about the things that we live in.

No, I'm talking about housing market analysts.

And every summer I teach market analysis at Columbia.

So this is what we're diving into today. We have a whole episode devoted to the housing market. We're going to talk about mortgage rates. We're going to talk about

Yimbies and Nimbies. We're going to talk about my favorite subject, which is why do people want so much space and yes we

are going to talk about this weird terminology bizarreness that the Americans

have that according to like whether you rent it or own it it's a different

word for the same thing it's all coming up on slate money. This episode is

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So Jonathan, we have so much to talk about, but we really do need to start with mortgage rates,

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