EP#8 Paul Thrift | The Case For New Apartment Construction

Election results are in, and rental housing economist Jay Parsons talks about how President Trump's win could impact rental housing — as well as reviewing California voters' decisive takedown of a ballot measure that would have expanded rent control across the state. Additionally, Jay provides five key indicators showing why new apartment supply will remain constrained for the foreseeable future — and what that could mean for the market. Later in the program, Jay continues the supply conversation with Paul Thrift, CEO of Thompson Thrift, the nation's 13th-largest apartment developer. Paul shares how Thompson Thrift is navigating the challenging headwinds to continue an aggressive push to start new apartment projects across the country.

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• 0:00 - Intro
• 0:59 - Market data
• 9:06 - Rental housing trivia
• 9:40 - In the news
• 16:14 - Good question
• 20:20 - Complaints department 
• 22:22 - Rental housing trivia answer
• 23:36 - Paul Thrift intro
• 25:22 - Origin Thompson Thrift
• 28:12 - Current market conditions
• 31:40 - Construction costs
• 35:20 - Regulations 
• 38:50 - Zoning
• 42:22 - Thompson Thrift markets
• 45:02 - Buyer interest
• 49:45 - Mission to serve 
• 53:26 - Outro