In this episode, we dive into the world of swag and the economics of New York City. Michael discusses the luxurious items given out at the Oscars, including a $65,000 villa experience in Ibiza and a $100,000 bespoke custom residential interior design package. We also explore New York City's rent control policies and how they're affecting small landlords, with the mayor's plan to freeze rents and raise property taxes. The conversation touches on the unintended consequences of these policies and the impact on the city's housing market.