WEBVTT 1 00:00:00.760 --> 00:00:05.440 You're listening to kf I AM six forty the bill handles show on demand on 2 00:00:05.519 --> 00:00:09.400 the iHeartRadio app. Amy reported, and we knew this was going to happen 3 00:00:09.439 --> 00:00:13.919 because every year prior to July fourth, we talk about how many kids are 4 00:00:13.919 --> 00:00:18.039 going to blow their hands off? And I guess the good news is only 5 00:00:18.160 --> 00:00:23.440 one that she's reporting three fingers gone illegal fireworks. At least the kid has 6 00:00:23.480 --> 00:00:32.479 a future as a wood shop teacher. Thank goodness, tru early. Okay, 7 00:00:34.799 --> 00:00:39.759 how is that? What's that formula? You have to have time to 8 00:00:39.840 --> 00:00:45.719 make a comedy. Tragedy plus time equals comedy. Yeah, and if tragedy 9 00:00:45.759 --> 00:00:50.000 and no time, it's not comedy. All right, we have a different 10 00:00:50.079 --> 00:00:55.000 saying here at the station. Tragedy pup plus thirty years makes your career. 11 00:00:55.679 --> 00:00:59.759 Yeah, there you go. All right, Now some of the big stuff 12 00:00:59.759 --> 00:01:06.959 we're talking about NATO. Today, Biden is holding a press conference, being 13 00:01:07.000 --> 00:01:11.920 called his Big Boy Press conference among everybody, because this will be the first 14 00:01:11.920 --> 00:01:18.239 time he has talked to all of us since the debacle going on and first 15 00:01:18.280 --> 00:01:23.079 day of the Alec Baldwin trial is over and Defense is saying, hey, 16 00:01:23.159 --> 00:01:26.319 it was an accident. It was tragedy. Prosecution says he aimed the gun 17 00:01:27.319 --> 00:01:30.239 at the cinematographer and you can't do that, and the gun went off. 18 00:01:30.239 --> 00:01:34.040 All right. Now, I want to talk about solar because I've done a 19 00:01:34.120 --> 00:01:38.799 lot of talking about solar systems and I am on my second one, as 20 00:01:38.799 --> 00:01:42.599 you know, Persian Palace, and now my new home solar system, Sunlux 21 00:01:42.879 --> 00:01:49.120 went in. The main reason it went in is because I am now happened 22 00:01:49.120 --> 00:01:53.560 to live in the most expensive utility in the country, thank you very much. 23 00:01:55.400 --> 00:02:00.319 So my neighborhood is about sixty eighty percent homes have solar. And so 24 00:02:00.400 --> 00:02:04.040 why do you have solar? Well, of course you have solar so you 25 00:02:04.079 --> 00:02:07.920 don't have to pay the electric bill. And it used to be and this 26 00:02:07.959 --> 00:02:09.840 is net metering, and I'll explain this to you in a minute. I'll 27 00:02:09.840 --> 00:02:16.280 explain it to you now. Net metering is the way electricity is well, 28 00:02:16.400 --> 00:02:19.879 the way it's measured and the way it is paid, and the way it's 29 00:02:19.919 --> 00:02:23.039 produced. If you have a solar system, well, we have a lot 30 00:02:23.080 --> 00:02:25.400 of sun during the day. It used to be. And what happens with 31 00:02:25.479 --> 00:02:30.759 your excessive system, with the excessive solar power that you produce, it goes 32 00:02:30.800 --> 00:02:35.759 back to the grid. It doesn't just hang around, it goes back to 33 00:02:35.800 --> 00:02:39.639 the grid. Well, you used to get paid for that. The utility 34 00:02:39.800 --> 00:02:45.240 used to pay you and you'd get a month or a credit towards the next 35 00:02:45.280 --> 00:02:51.560 month, and that was net metering, and so that changed and there's now 36 00:02:51.639 --> 00:02:55.599 three tiers. Tier one you get paid, you get paid wholesale prices. 37 00:02:57.039 --> 00:03:04.840 Tier two you get paid virtually nothing for the electricity that goes into the it 38 00:03:04.879 --> 00:03:09.120 goes back on the grid. Pier tier three, which I have now because 39 00:03:09.120 --> 00:03:14.479 I just put in a system I person palace. Tier one generate electricity, 40 00:03:14.520 --> 00:03:17.560 I get paid by the utility. Tier three generated electricity, send it to 41 00:03:17.599 --> 00:03:23.000 the grid, I get nothing. So what do you do. You put 42 00:03:23.039 --> 00:03:29.120 in a solar system and at night you're using the utility electricity. That's what 43 00:03:29.159 --> 00:03:35.120 you're doing. You're not selling the extra, you're giving the extra away during 44 00:03:35.159 --> 00:03:38.919 the day and at night you suck up the electricity. So here you put 45 00:03:38.960 --> 00:03:42.520 in a massive system, spend I mean buckets of money. The payoff does 46 00:03:42.560 --> 00:03:46.360 work, by the way, depending on the utility. And one of the 47 00:03:46.360 --> 00:03:49.400 best places is where I am. But even in Department of Water and Power, 48 00:03:49.879 --> 00:03:53.639 which is one of the best utilities in the country. The payoff is 49 00:03:53.639 --> 00:03:57.800 pretty good, and it just makes sense, at least in my life my 50 00:03:57.960 --> 00:04:02.240 mind. And so there's only one answer where you're not going to pay for 51 00:04:02.280 --> 00:04:09.599 electricity, and that's to put in a battery system where that excess electricity that's 52 00:04:09.639 --> 00:04:14.360 produced during the day, instead of going back to the grid, powers the 53 00:04:14.400 --> 00:04:20.639 batteries and you use those at night. And if you don't have electricity powering 54 00:04:20.639 --> 00:04:25.000 the batteries, they're good for what two three days something like that, And 55 00:04:25.079 --> 00:04:28.000 so it's a pretty good idea to have them. So I had to buy 56 00:04:28.439 --> 00:04:31.519 and I did buy some batteries, two big batteries. By the way, 57 00:04:31.600 --> 00:04:40.079 they look neat. They look like painted Ikea boxes that you buy desks and 58 00:04:40.120 --> 00:04:44.040 you put them on the wall of the garage and they look really neat. 59 00:04:44.079 --> 00:04:46.279 Matter of fact, I have to take a picture of that and put it 60 00:04:46.360 --> 00:04:50.319 up on the website my sun Luck system. But I had to spend more 61 00:04:50.600 --> 00:04:55.120 money for my battery, So the payoff goes a little bit later. The 62 00:04:55.199 --> 00:05:01.439 answer is the utilities say they were losing money, and they say that people 63 00:05:01.480 --> 00:05:06.600 who had solar systems were making money, and the rest of you don't have 64 00:05:06.639 --> 00:05:14.000 a system we're subsidizing, and so now it's tier three, you ain't going 65 00:05:14.079 --> 00:05:19.800 to get money back from the utility. But does it make sense. Yeah. 66 00:05:20.120 --> 00:05:24.519 The bottom line is we have too much electricity in the state. During 67 00:05:24.560 --> 00:05:30.240 the day. There is an excess, a surplus of electricity in this day 68 00:05:30.279 --> 00:05:34.879 and age. We're not building solar plants certainly or very few of them. 69 00:05:35.480 --> 00:05:39.839 And the more people that put in solar systems in their home, the less 70 00:05:39.839 --> 00:05:46.600 electricity that you need from the grid. At this point, I think California 71 00:05:46.360 --> 00:05:53.720 is thirty percent alternative energy. It's a head of where it was called for, 72 00:05:53.839 --> 00:05:59.439 which is the most aggressive in the country, And as far as the 73 00:06:00.079 --> 00:06:03.519 percentage of power that's produced by alternative we are ahead of any other state by 74 00:06:03.560 --> 00:06:08.959 a long shot. Now, to be fair, we get lots and lots 75 00:06:08.959 --> 00:06:13.920 of sunshine. You know, when you talk about North Dakota, Minnesota, 76 00:06:14.639 --> 00:06:18.360 Oregon, Washington, where it's always gray. By the way, if you 77 00:06:18.360 --> 00:06:24.680 want to commit suicide, just spend a winter in Bend, Oregon. Right, 78 00:06:24.959 --> 00:06:30.800 I'm guaranteeing you're jumping off a bridge, gray and miserable and wet. 79 00:06:30.199 --> 00:06:34.720 Solar doesn't do very well there. But here in southern California, you do 80 00:06:34.800 --> 00:06:39.879 it, which you have to buy a battery in order to make it a 81 00:06:40.199 --> 00:06:46.680 zero bill to your utility company, and utility prices are going up all right. 82 00:06:46.959 --> 00:06:49.720 Coming up another story of excessive heat because we're in the middle of this 83 00:06:49.759 --> 00:06:55.439 crazy ass heat wave and it's a spin on a story that I don't think 84 00:06:55.480 --> 00:06:59.759 you've heard before. And this may actually kill you and not kill you because 85 00:06:59.759 --> 00:07:03.199 it's too hot. What does that all mean? I'll put this all together 86 00:07:03.480 --> 00:07:10.000 because I just confuse myself. You're listening to Bill Handle on demand from kf 87 00:07:10.000 --> 00:07:14.800 I am six forty. I want to talk a little bit about the heat, 88 00:07:15.199 --> 00:07:17.759 not just the heat. Amy told us today it's going to be triple 89 00:07:17.839 --> 00:07:25.800 digits in the Valley, in the Inland Empire. Even the meth dealers there 90 00:07:25.879 --> 00:07:30.519 are taking the day off. It's just going to be very, very tough. 91 00:07:30.800 --> 00:07:33.920 Why you got to beat up on the IE because it's the IE and 92 00:07:33.920 --> 00:07:40.000 it's great fun. Tell me where I don't beat up on. There's no 93 00:07:40.040 --> 00:07:43.839 place people in good food in the Ie. Man, Yeah, very high 94 00:07:43.879 --> 00:07:46.360 end restaurants in the Ie. Yeah. Matter of fact, the Anaheim White 95 00:07:46.360 --> 00:07:51.839 House is thinking of opening up the Riverside White House. Okay, Samford do 96 00:07:51.879 --> 00:07:56.199 you know, white house in any case, So let me tell you one 97 00:07:56.199 --> 00:07:59.839 of the things that happens when you have heat. Of course, you die, 98 00:08:00.720 --> 00:08:03.279 people that I have heat stroke, and there's all kinds of dangers and 99 00:08:03.319 --> 00:08:05.639 you're running the air conditioning. So what happens if let's say you're caught up 100 00:08:05.639 --> 00:08:09.600 in the mountains, which people have a want to do, and the only 101 00:08:09.639 --> 00:08:16.759 way they can rescue you is with a helicopter. You know those lifeline helicopters, 102 00:08:16.839 --> 00:08:18.839 right, Guess what, in this kind of heat, they can't fly. 103 00:08:20.079 --> 00:08:28.720 It's too hot for them to fly. The air is so thin because 104 00:08:28.720 --> 00:08:31.519 it's heated up, and the molecules are so spread out, the blades can't 105 00:08:31.559 --> 00:08:39.000 bite into the air, and it just doesn't work. So if you are 106 00:08:39.399 --> 00:08:43.559 let's do a formula here. Okay, if you are dumb enough to hike 107 00:08:45.519 --> 00:08:52.440 in temperatures that are too hot for a helicopter to rescue you, Okay, 108 00:08:52.480 --> 00:08:58.559 where are you on the idiot's scale on that one? Eight nine out of 109 00:08:58.600 --> 00:09:05.879 ten. And there are stories out of stories, story after story, and 110 00:09:05.559 --> 00:09:11.840 it is a real problem, and people have died, people have died, 111 00:09:11.279 --> 00:09:16.200 and it's and the pilots make that determination. That's it's a pilot's call, 112 00:09:16.759 --> 00:09:20.360 and so you have a call that goes in. Clearly someone is in one 113 00:09:20.440 --> 00:09:26.200 of these areas that is in accepts, inaccessible by truck or whatever, and 114 00:09:26.240 --> 00:09:30.440 the only way out is those rescue helicopters because of bringing someone in, hiking 115 00:09:30.440 --> 00:09:33.399 someone in may take two days, so that's not going to happen. And 116 00:09:33.480 --> 00:09:39.480 so the pilots they work out of a center. And where is it, 117 00:09:39.440 --> 00:09:45.240 Stockton, I think up in that area In any case, there is a 118 00:09:45.279 --> 00:09:50.279 helicopter command center where six eight people sit there and they go ahead and send 119 00:09:50.360 --> 00:09:56.480 out the copters, or least at least send out the name or the call 120 00:09:56.559 --> 00:10:00.120 for the copter. And then you have the helicopter pilots and they figure out 121 00:10:00.120 --> 00:10:05.200 weight, they figure out how much fuel, they figure out temperature. In 122 00:10:05.240 --> 00:10:11.919 some cases it is too hot in terms of the equipment on the helicopter working. 123 00:10:15.240 --> 00:10:18.000 They don't even worry about how hot it is in the air and the 124 00:10:18.000 --> 00:10:22.399 blades biting into the air, the stuff just doesn't work. It overheats the 125 00:10:22.440 --> 00:10:26.879 mechanisms. By the way these things. You're up in the air for a 126 00:10:26.879 --> 00:10:31.240 couple of hours in this kind of heat. So let's say you're one degree 127 00:10:31.519 --> 00:10:37.159 all right, the pilot is one degree under the maximum temperature, maybe one 128 00:10:37.200 --> 00:10:39.559 hundred and twenty degrees one hundred and eighteen degrees, depending on the altitude and 129 00:10:39.600 --> 00:10:43.399 depending on the helicopter, of course. And so they go ahead and take 130 00:10:43.440 --> 00:10:48.879 off, okay, And they're there on that flight for a couple of hours 131 00:10:48.879 --> 00:10:58.480 sometimes, and they're wearing these flight suits that are heavy as hell. There's 132 00:10:58.600 --> 00:11:07.159 layers and they're not in shirt sleeves. You've never seen that. And so 133 00:11:07.279 --> 00:11:11.799 they're gonna say no, thank you, and they're all gonna sit around and 134 00:11:13.240 --> 00:11:20.039 watch you basically die. And there's going to be an office pool. And 135 00:11:20.080 --> 00:11:24.279 they've done this many times before, and that is when a rescue crew finally 136 00:11:24.320 --> 00:11:30.440 gets up there. How long has that person been dead? And everybody puts 137 00:11:30.480 --> 00:11:35.159 in five bucks into the office pool and the winner gets, depending on how 138 00:11:35.159 --> 00:11:41.159 many people are in the call center, twenty twenty five dollars. And you've 139 00:11:41.159 --> 00:11:46.200 helped, you've helped the entertainment level. So go ahead and hike up in 140 00:11:46.240 --> 00:11:50.679 the mountains when it's one hundred and twenty degrees outside and a big mazzle tub 141 00:11:50.759 --> 00:12:01.320 to you. That's a Darwin Award winner, don't you think coming out I'm 142 00:12:01.360 --> 00:12:05.039 looking at a picture in the La Times and this is a massive house. 143 00:12:05.080 --> 00:12:09.759 It's a real estate story. It's a massive house on a lake and I 144 00:12:09.840 --> 00:12:13.919 mean huge, Well, actually not huge. It just looks huge. But 145 00:12:13.919 --> 00:12:22.519 it's six thousand square feet seven acres of land. Okay, wow, I 146 00:12:22.519 --> 00:12:24.440 mean, who the hell can afford that. I'll tell you this story, 147 00:12:24.480 --> 00:12:30.240 and it is a good one. It all has to do with how price 148 00:12:30.279 --> 00:12:33.360 of housing and where we're living and buying homes. I mean all of that. 149 00:12:33.399 --> 00:12:37.360 I love these stories. As you know, you're listening to Bill Handle 150 00:12:37.559 --> 00:12:43.159 on demand from KFI Am six forty. I want a reminder that the Bill 151 00:12:43.200 --> 00:12:48.600 Handle Show podcast has now dropped, and there are two episodes up on my 152 00:12:48.799 --> 00:12:56.279 website. That's the bill the Bill handleshowpodcast dot com, or you can go 153 00:12:56.440 --> 00:13:01.799 to the iHeartRadio app one of the episodes. The first episode is up on 154 00:13:01.840 --> 00:13:05.799 it. The second one goes up at nine a m. And this is 155 00:13:05.879 --> 00:13:09.720 to introduce me to a lot of people who don't listen to the show and 156 00:13:09.720 --> 00:13:13.720 those of you have and know about my background. I talk about that my 157 00:13:13.879 --> 00:13:18.960 parents, I talk about the Holocaust, I talk about my grandparents, and 158 00:13:18.639 --> 00:13:22.080 I've filled out the story and there's a lot of things that I have not 159 00:13:22.279 --> 00:13:28.399 shared with people, and at least background wise, it's pretty interesting stuff. 160 00:13:28.440 --> 00:13:33.679 My dad's story alone. Two film companies, two film companies have optioned his 161 00:13:33.799 --> 00:13:41.039 story. So that's the kind of interest or how interesting the story of my 162 00:13:41.120 --> 00:13:46.519 background is. And so that's available on the iHeartRadio app and you can go 163 00:13:46.639 --> 00:13:50.440 to the website and that's the bill handlepodcast dot com. All right, now, 164 00:13:50.480 --> 00:13:54.279 I'm gonna do two segments on this, Michelle, and we'll put the 165 00:13:54.320 --> 00:14:00.000 baby boomer story till tomorrow. I'm looking at a picture from on the Yellow 166 00:14:00.159 --> 00:14:03.360 Times. There's a story about housing on the La Times, in the La 167 00:14:03.480 --> 00:14:09.120 Times, and it is this gorgeous house of six thousand square feet and it 168 00:14:09.279 --> 00:14:18.039 sits on seven acres of land. I mean it is gorgeous swimming pool that's 169 00:14:18.080 --> 00:14:24.840 surrounded by palm trees. I mean it is a knockout. And how do 170 00:14:24.879 --> 00:14:28.600 you buy this? How do any of us buy this? Well, Dianne 171 00:14:28.639 --> 00:14:39.440 Nolan and her husband bought it for seven hundred and forty thousand dollars. How 172 00:14:39.559 --> 00:14:45.840 is that possible? It's in heemit. That's how it is possible. And 173 00:14:46.240 --> 00:14:50.600 therein lies the story and this I think, I don't know where Michelle is. 174 00:14:50.600 --> 00:14:52.759 I'd like to put this up on the website so you can see this 175 00:14:52.879 --> 00:14:58.440 house. All right, Why is this such a big deal? Well, 176 00:14:58.679 --> 00:15:03.039 because you could always w a house in Hemet for very little money. Why 177 00:15:03.120 --> 00:15:07.039 is that? Because it's Hemet, which is what it's out the ten? 178 00:15:07.200 --> 00:15:11.240 Isn't it way out the ten? I don't even know. I think you 179 00:15:11.320 --> 00:15:16.320 go. I think you go past the cows, you go past the sheep, 180 00:15:18.200 --> 00:15:20.840 and certainly you past the inland Empire. I mean it's out there. 181 00:15:22.759 --> 00:15:26.600 I think I don't even know exactly where it is. So what is going 182 00:15:26.639 --> 00:15:33.200 on? Why are so many people building and buying these homes, for example, 183 00:15:33.480 --> 00:15:37.120 as in Hemet, Well a couple of reasons. As you can imagine 184 00:15:37.159 --> 00:15:43.039 this same house anywhere in a decent area in southern California. Well, you 185 00:15:43.120 --> 00:15:46.840 can't buy seven acres of land, it doesn't exist. If you're talking about 186 00:15:48.240 --> 00:15:52.879 the West Side, where in Los Angeles can you get seven acres of land? 187 00:15:52.120 --> 00:15:56.720 It doesn't exist. And then it is six thousand foot to home with 188 00:15:56.840 --> 00:16:00.559 swimming pool and it's beautiful architecture, and you pay seven hundred for forty thousand 189 00:16:00.559 --> 00:16:04.120 dollars. If this was well, no, it's if it were available, 190 00:16:04.240 --> 00:16:10.320 this would be thirty forty to fifty million dollars if but it's not. Even 191 00:16:10.320 --> 00:16:12.000 when you're talking about the homes that are fifty million dollars, they are on 192 00:16:12.080 --> 00:16:15.080 two acres of land, an acre and a half of land, and that 193 00:16:15.279 --> 00:16:22.080 is insane Malibu. If you have three hundred feet of footage along f you're 194 00:16:22.120 --> 00:16:25.960 on the water along the beach, that's a forty million dollar foot that's a 195 00:16:26.000 --> 00:16:30.440 forty million dollar home. So let me tell you what's going on, Because 196 00:16:30.600 --> 00:16:38.159 more and more of these are being built. Housing prices are exploding, as 197 00:16:38.240 --> 00:16:44.799 you know. And for people that bought their home twenty years ago, thirty 198 00:16:44.879 --> 00:16:48.720 years ago and have paid off their mortgage, or have come close to paying 199 00:16:48.759 --> 00:16:55.480 off their mortgage, or want to buy a home, well, your home 200 00:16:55.519 --> 00:17:00.159 if you've paid off your mortgage. The median price of a home in in 201 00:17:00.200 --> 00:17:07.039 California and La County is nine hundred and eighty something thousand dollars. In Burbank 202 00:17:07.119 --> 00:17:11.000 it's one point three million. Orange County it's one point two to one point 203 00:17:11.039 --> 00:17:15.720 three. And so you sell the house with no mortgage, a very little 204 00:17:15.720 --> 00:17:18.240 mortgage, and if you bought the home twenty years ago. That's what happens. 205 00:17:18.119 --> 00:17:22.759 And so let's say you've got a million in cash, million two in 206 00:17:22.799 --> 00:17:26.920 cash, or let's say you have a four hundred thousand dollars mortgage and you 207 00:17:26.000 --> 00:17:33.880 pay that off, you can buy this puppy for cash, and all of 208 00:17:33.920 --> 00:17:41.079 a sudden you are living in absolute splendor. If you're willing to live in 209 00:17:41.279 --> 00:17:52.960 Riverside sand Berddido, Kern County, that becomes the problem. It's pretty impressive. 210 00:17:53.240 --> 00:17:56.240 And so I'm thinking of doing that. By the way, there's a 211 00:17:56.240 --> 00:18:02.119 story about this woman Diane Nolan, who uh I mean she there's some sacrifices. 212 00:18:02.160 --> 00:18:06.279 For example, this July, so I guess a couple of weeks ago 213 00:18:06.359 --> 00:18:11.599 or last week, the temperature went up to one hundred degrees Okay, well, 214 00:18:11.720 --> 00:18:15.559 big deal before ten am and by the hot time it gits noon, 215 00:18:15.640 --> 00:18:19.359 it's one hundred and forty degrees. You got a pool, you got air 216 00:18:19.400 --> 00:18:25.640 conditioning, and you got seven acres. Yeah, that's true. I have 217 00:18:25.799 --> 00:18:30.720 seven acres of shrub we paid fifteen years ago. We paid more than that 218 00:18:32.240 --> 00:18:38.480 for our house, which is under fifteen hundred square feet. Yeah, and 219 00:18:38.559 --> 00:18:44.559 the house is at least twice that or more. Right, now, so 220 00:18:44.960 --> 00:18:48.039 what do you think you spend seven hundred and forty thousand dollars for this house 221 00:18:48.079 --> 00:18:52.640 for example, as she did out in Hemmett, seven acres, six thousand 222 00:18:52.680 --> 00:18:56.640 square feet swimming pool. I mean the architecture, as I said, is 223 00:18:56.680 --> 00:19:00.279 just a knockout. Michelle, can you put this picture up on the website 224 00:19:00.599 --> 00:19:03.920 or no, I can put it up on Instagram? Yeah? Would you 225 00:19:03.960 --> 00:19:07.720 do that? Yeah? Because I want people to see what this puppy looks 226 00:19:07.759 --> 00:19:11.359 like. I mean, it's just extraordinary. So seven hundred and forty thousand 227 00:19:11.519 --> 00:19:15.880 or seven hundred forty thousand dollars? Uh? And it the value now is 228 00:19:15.960 --> 00:19:22.000 what do you think it's going to be worth in five years? Seven hundred 229 00:19:22.000 --> 00:19:29.119 and forty two thousand dollars? This is Hemmet, for God's sake. But 230 00:19:29.559 --> 00:19:33.200 that's a it's a thing, boy, is it a thing? People are 231 00:19:33.279 --> 00:19:40.319 moving out and they're building. Developers are building these large, gorgeous homes in 232 00:19:40.400 --> 00:19:44.359 areas that are out in for forf in land, but aren't aren't the building 233 00:19:44.400 --> 00:19:48.440 supplies still incredibly expensive right now? Uh? Yeah? But you're not paying 234 00:19:48.480 --> 00:19:52.759 anything for the land. Labor. I mean, if you're out there, 235 00:19:52.920 --> 00:19:55.200 you have labor. I mean, you have skilled labor, and so you're 236 00:19:55.400 --> 00:19:59.839 a carpenter that normally would make forty dollars now or you paying four dollars an 237 00:19:59.839 --> 00:20:03.240 hour because they live in that area. It's just it makes sense. I 238 00:20:03.240 --> 00:20:08.839 don't know what it would cost to build it, but it's just it's crazy 239 00:20:10.000 --> 00:20:11.519 and it's happening more and more and more. Okay, I just put it 240 00:20:11.640 --> 00:20:15.519 up on your Instagram. Okay at Bill Handle the show the Instagram. All 241 00:20:15.599 --> 00:20:21.119 right, coming up. You've seen spam a lot, right, and the 242 00:20:21.160 --> 00:20:26.640 show and the song I'm Not Dead Yet that is now a theme song for 243 00:20:26.759 --> 00:20:30.440 baby boomers. And I'll explain and put all of that together coming out. 244 00:20:30.480 --> 00:20:33.079 That wasn't bad, wasn't Michelle in terms of a tease? Not bad? 245 00:20:33.160 --> 00:20:37.200 That wasn't bad. All right, we're coming back. You're listening to Bill 246 00:20:37.240 --> 00:20:41.240 Handle on demand from KFI AM six forty. Let me tell you about the 247 00:20:41.240 --> 00:20:47.880 fastest growing city in the United States. It's called Georgetown. It's in Texas. 248 00:20:48.039 --> 00:20:51.880 And why is it the fastest growing city. Well, let me give 249 00:20:51.880 --> 00:20:56.000 you a stack. About one hundred thousand people, almost twenty percent live in 250 00:20:56.200 --> 00:21:03.000 Sun City and this is a fifty five plus community. Baby boomers live here, 251 00:21:03.000 --> 00:21:10.279 and these communities are exploding around the country. Why well, because baby 252 00:21:10.319 --> 00:21:15.680 boomers today are not the sixty five year old or seventy year olds of yesteryear. 253 00:21:15.559 --> 00:21:19.319 And these communities, well, this one is over five thousand acres family 254 00:21:19.480 --> 00:21:25.000 single family homes, pools, and fitness centers. This is within the various 255 00:21:25.039 --> 00:21:30.640 areas pickleball courts, clubrooms. I mean, this is active, active living. 256 00:21:32.839 --> 00:21:37.039 And baby boomers have become well more disposable income than any other group we 257 00:21:37.160 --> 00:21:41.640 have, and they're spending money. And to give you an idea, I 258 00:21:41.799 --> 00:21:45.519 actually looked at one of these here in southern California. Well, if you're 259 00:21:45.519 --> 00:21:48.400 looking in the LA area, there's a couple three which are very expensive. 260 00:21:48.880 --> 00:21:56.200 But I have thought of actually moving into one of these when I truly truly 261 00:21:56.279 --> 00:22:00.519 retire, because they're just I look at them, they're so great. For 262 00:22:00.559 --> 00:22:03.160 example, I went out to one I don't know about a month and a 263 00:22:03.200 --> 00:22:10.200 half ago just to check it out, and I expected people with walkers and 264 00:22:10.359 --> 00:22:15.319 wheelchairs. The medium age, for example, at sun City is seventy three 265 00:22:15.880 --> 00:22:19.079 in Georgetown, and so I figured, okay, I'm going to see people 266 00:22:19.279 --> 00:22:26.319 that are old and decrepit. I happen to run into the pole Vaulting Club, 267 00:22:27.119 --> 00:22:32.519 and I said, that's pretty impressive. By the way, that's not 268 00:22:32.559 --> 00:22:36.720 true, Neil, but it sure sounds good, doesn't it. It had 269 00:22:36.759 --> 00:22:41.359 me for a moment, sir. Yes, But these are people that are 270 00:22:41.680 --> 00:22:45.599 really, really active. It's a different world, and they buy these places 271 00:22:45.599 --> 00:22:52.240 for cash. And Georgetown, I mean, the city has more money than 272 00:22:52.240 --> 00:22:57.480 it knows what to do with because these boomers spend a fortune. There's a 273 00:22:57.680 --> 00:23:03.359 tax base. They the average amount of money that people have. There are 274 00:23:03.400 --> 00:23:07.440 three million dollars in the bank and they spend it. And they are retired, 275 00:23:10.519 --> 00:23:14.319 and it is There are communities around the country that are looking at this 276 00:23:14.400 --> 00:23:21.200 and going, whoa medium price five hundred thousand dollars okay for a home and 277 00:23:21.480 --> 00:23:26.000 they're not small homes. And your neighbors are well. I mean, I'm 278 00:23:26.039 --> 00:23:29.039 sure you have neighbors that are one hundred and fifty years old. But for 279 00:23:29.079 --> 00:23:33.359 the most part, when they say active communities, fifty five plus active communities, 280 00:23:33.880 --> 00:23:37.920 you bet you. And I'm going, you know what, the Saint 281 00:23:37.000 --> 00:23:41.279 bad. This is not a bad place to live. And as I said, 282 00:23:41.319 --> 00:23:42.839 I was considering it, but I happen to be living with a woman 283 00:23:42.920 --> 00:23:45.799 that said, she'd rather be dead than live in one of these, so 284 00:23:47.720 --> 00:23:49.640 I have to wait for her to be dead before I move into one. 285 00:23:49.759 --> 00:23:56.720 But I'm fully looking at this when I really retire, when I don't do 286 00:23:56.799 --> 00:24:00.519 any more work. But it's going to be a while. I wake up 287 00:24:00.559 --> 00:24:03.640 in the morning, and what the hell would I do? You know? 288 00:24:03.640 --> 00:24:07.160 I don't talk to anybody because I hate everybody. I have no social life 289 00:24:07.839 --> 00:24:12.519 because everybody hates me. What do I do? All right? So? 290 00:24:12.599 --> 00:24:18.119 I work? So I work. It's a hobby that doesn't cost me money 291 00:24:19.200 --> 00:24:22.559 that I actually get paid for it. Can you imagine? Whatever? What 292 00:24:22.599 --> 00:24:26.640 hobby do you have, Neil? Do you have anys of hobbies? I 293 00:24:26.839 --> 00:24:30.240 do a lot of artwork I have. Oh yeah, yeah, but you 294 00:24:30.279 --> 00:24:34.960 can get paid for that. Okay, fair enough, Amy hobby? Yeah 295 00:24:36.160 --> 00:24:38.799 what? I don't have a lot of hobbies right now? Like you know, 296 00:24:38.839 --> 00:24:41.960 I go to Disneyland and Dodger. Okay. Can you imagine getting paid 297 00:24:42.079 --> 00:24:47.799 to go to Disneyland? Yes, you can imagine that. I can imagine 298 00:24:47.799 --> 00:24:48.519 it. Okay, let me put it this way. Do you think that's 299 00:24:48.559 --> 00:24:52.759 ever going to happen? No? No, that's true. All right. 300 00:24:52.880 --> 00:24:55.920 I am out of time because we can go through that for a while. 301 00:24:55.920 --> 00:25:00.440 Bottom line fifty five plus communities and it's a big story. And by the 302 00:25:00.440 --> 00:25:04.799 way, this came out of where ARP, which has become one of the 303 00:25:04.839 --> 00:25:12.160 biggest, most powerful lobbies that exist. That's the American Association of Retired People, 304 00:25:14.400 --> 00:25:19.359 and their spokesperson is as it's a seal that goes ARP. Nevermind, 305 00:25:19.400 --> 00:25:23.039 that didn't work either, all right, coming up, Hey, they can't 306 00:25:23.079 --> 00:25:27.480 all work. They most of them don't. That is correct. Coming up 307 00:25:27.960 --> 00:25:33.279 Joel Larsgard with how to Money. You've been listening to the Bill Handle Show. 308 00:25:33.400 --> 00:25:37.759 Catch My Show Monday through Friday six am to nine am, and anytime 309 00:25:37.960 --> 00:25:41.240 on demand on the iHeartRadio app.