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