Masters in Business: Jonathan Miller

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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In the latest “Masters in Business” podcast, I speak with Jonathan Miller, co-founder of Miller Samuel. He blogs at the Matrix Blog and is also a Bloomberg View contributor.

Miller is an expert on real-estate appraisals and transactions, and runs one of the larger appraisal firms. He has created a variety of real-estate data analytics for various regions as well as nationally. He is also sought after as the go-to appraiser for many of the most expensive penthouses in Manhattan.

In our conversation, Miller notes that all housing is local, but credit is national. This explains the differences between the middle-class housing market, driven primarily by access to credit, and the high-end one, which has become an almost all-cash market.

You can download the podcast here or on Apple iTunes, or stream it at SoundCloud. All of our prior podcasts are available on iTunes

Next week, we speak with William Grueskin, former academic dean at Columbia Journalism School, executive editor for training at Bloomberg and former managing editor of the Wall Street Journal Online.

This column does not necessarily reflect the opinion of Bloomberg View's editorial board or Bloomberg LP, its owners and investors.

To contact the author on this story:
Barry L Ritholtz at britholtz3@bloomberg.net