Daniella Cheslow

speaker

539 appearances 15 recordings 1 series first heard Aug 2022 last heard Dec 2022

Daniella Cheslow’s voice in public audio — every appearance, attributed to the second.

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Appearances

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WSJ Your Money Briefing · Vacation Homes Offer Holiday Dream But Carry House-Sized Risks · 15 Sep 2022 podcast

Veronica Dagger covers personal finance for The Wall Street Journal, and she's with me now. voice-verified

Hi, Veronica. voice-verified

Hey, great to join you. voice-verified

Thanks for being here. voice-verified

Why is the fall such a hot season for buying vacation homes? voice-verified

What's the market like for second homes this year? voice-verified

So let's go into some of those financial pitfalls. voice-verified

A lot of people buy a second home thinking they can make an income off the rental when they're not there. voice-verified

Is that solid thinking? voice-verified

So there's not a guarantee of a steady rental income. voice-verified

You also spoke to some second homeowners who ran into unexpected costs. voice-verified

What did they tell you? voice-verified

So you've got to have your eyes wide open about the financial pluses and minuses. voice-verified

Let's say somebody buys a second home and they invite over their whole family to make some memories. voice-verified

What could possibly go wrong? voice-verified

With all these caveats in mind, is there a way that you can insure yourself against both the financial and the emotional risks to owning a second home? voice-verified

That's Veronica Dagger, Wall Street Journal personal finance reporter. voice-verified

Thank you, Veronica. voice-verified

Thanks, Daniela. voice-verified

And that's your Money Briefing. voice-verified

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