Charlie Turner

speaker

4,985 appearances 165 recordings 1 series first heard Jul 2017 last heard Aug 2021

Charlie Turner’s voice in public audio — every appearance, attributed to the second.

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Appearances

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WSJ Your Money Briefing · A Surge in Luxury Apartment Construction · 15 Jan 2020 podcast

The Wall Street Journal says builders are on track to finish more new apartments in 2020 than in any year since the 1980s. voice-verified

Will Parker covers the housing industry for the Wall Street Journal and joins us now. voice-verified

Will, I understand that the projected number of new rental units for this year is way up from last year's levels. voice-verified

Is that right? voice-verified

And in some major metro areas, it's even higher than that? voice-verified

Why are so many rental apartment units being built? voice-verified

But isn't most of the new supply coming from luxury developments? voice-verified

Why are so many new luxury developments being built? voice-verified

I assume that this is how builders make their profit. voice-verified

Don't some developers that you've talked to think that there will be a broader impact from this development of luxury rentals that more lower-rent apartments will end up being built anyway? voice-verified

But since most of the new rentals being built come from the luxury end, it's an oversupply in luxury apartment rentals. voice-verified

Won't that put pressure on developers as far as prices are concerned? voice-verified

So maybe it's worth waiting for a price cut if you're a prospective buyer. voice-verified

That sounds like decent advice. voice-verified

Wall Street Journal reporter Will Parker, thanks a lot. voice-verified

Thank you. voice-verified

And that's your Money Briefing. voice-verified

I'm Charlie Turner for The Wall Street Journal. voice-verified

WSJ Your Money Briefing · Penalties for Missing a Single Student Loan Payment · 28 Oct 2019 podcast

This is your Money Briefing. voice-verified

I'm Charlie Turner at The Wall Street Journal in New York. voice-verified

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