The housing supply problem: Part 3
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 8 June 2023
⏱️ 10 minutes
🧾️ Download transcript
Summary
The US, Taiwan and Japan will share real-time data from naval reconnaissance drones, India’s deadliest train accident happened despite years of investment, and an architect-developer duo in Baltimore, Maryland, are converting an historic office building into residential housing. But how much can it ease the housing shortage?
Mentioned in this podcast:
US to link up with Taiwan and Japan drone fleets to share real-time data
India’s surging rail investment fails to avert disaster
Turning offices into condos: New York after the pandemic
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | The FT News Briefing is supported by Equinole, the UK's energy partner. |
| 0:06.3 | Learn more at equinole.co.uk |
| 0:10.3 | Good morning for the financial times. Today is Thursday, June 8th. |
| 0:14.0 | This is your FT News Briefing. |
| 0:19.0 | The US is boosting military cooperation with Taiwan. |
| 0:23.0 | India's deadly train accident happened despite years of rail investment |
| 0:27.3 | and in Baltimore, Maryland, two guys are renovating a historic office tower. |
| 0:32.4 | Look at office-to-home conversions like this and whether they'll ease the country's housing shortage. |
| 0:38.2 | I'm Mark Filipino and here's the news you need to start your day. |
| 0:49.2 | Washington is stepping up its military coordination with Taiwan in case China attacks the island. |
| 0:55.1 | A US defense contractor is scheduled to deliver four maritime drones to Taipei in 2025 |
| 1:01.2 | and sources tell the FT that the US, Taiwan, and Japan plan to share real-time data from those drones. |
| 1:08.1 | Now we should mention that including Taiwan and this data sharing agreement is extremely sensitive. |
| 1:13.8 | China sees Taiwan as its territory and is threatened to take it by force. |
| 1:18.8 | A senior US military official told the FT that China will probably see this data sharing agreement |
| 1:24.1 | as escalation. |
| 1:30.6 | India is still reeling from its deadliest rail disaster in decades. |
| 1:35.6 | Several trains collided last Friday killing at least 275 people and injuring nearly a thousand. |
| 1:42.4 | The government thinks the signaling error caused the crash. |
| 1:45.6 | The FT's John Reed reports that this rail disaster comes despite massive investment and modernization |
| 1:51.6 | in India's railways. |
| 1:53.6 | India has been investing record amounts of money in the railway system and indeed accident |
... |
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