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Jonathan Miller on High Mortgage Rates

Masters in Business

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The Evolution of the Real Estate Market

This chapter discusses the transformation of the real estate market over time, including the transition from the 70s to the 80s and 90s in the New York area. It explores the speaker's experiences during the Great Financial Crisis and the resistance they faced when going negative on the market. The chapter also examines the impact of the COVID-19 pandemic on the real estate market, including increased demand for vacation properties and the shift towards remote work and affordable housing.

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