You're listening to kf I AM six forty the bill handles show on demand on
the iHeartRadio app. Amy reported, and we knew this was going to happen
because every year prior to July fourth, we talk about how many kids are
going to blow their hands off? And I guess the good news is only
one that she's reporting three fingers gone illegal fireworks. At least the kid has
a future as a wood shop teacher. Thank goodness, tru early. Okay,
how is that? What's that formula? You have to have time to
make a comedy. Tragedy plus time equals comedy. Yeah, and if tragedy
and no time, it's not comedy. All right, we have a different
saying here at the station. Tragedy pup plus thirty years makes your career.
Yeah, there you go. All right, Now some of the big stuff
we're talking about NATO. Today, Biden is holding a press conference, being
called his Big Boy Press conference among everybody, because this will be the first
time he has talked to all of us since the debacle going on and first
day of the Alec Baldwin trial is over and Defense is saying, hey,
it was an accident. It was tragedy. Prosecution says he aimed the gun
at the cinematographer and you can't do that, and the gun went off.
All right. Now, I want to talk about solar because I've done a
lot of talking about solar systems and I am on my second one, as
you know, Persian Palace, and now my new home solar system, Sunlux
went in. The main reason it went in is because I am now happened
to live in the most expensive utility in the country, thank you very much.
So my neighborhood is about sixty eighty percent homes have solar. And so
why do you have solar? Well, of course you have solar so you
don't have to pay the electric bill. And it used to be and this
is net metering, and I'll explain this to you in a minute. I'll
explain it to you now. Net metering is the way electricity is well,
the way it's measured and the way it is paid, and the way it's
produced. If you have a solar system, well, we have a lot
of sun during the day. It used to be. And what happens with
your excessive system, with the excessive solar power that you produce, it goes
back to the grid. It doesn't just hang around, it goes back to
the grid. Well, you used to get paid for that. The utility
used to pay you and you'd get a month or a credit towards the next
month, and that was net metering, and so that changed and there's now
three tiers. Tier one you get paid, you get paid wholesale prices.
Tier two you get paid virtually nothing for the electricity that goes into the it
goes back on the grid. Pier tier three, which I have now because
I just put in a system I person palace. Tier one generate electricity,
I get paid by the utility. Tier three generated electricity, send it to
the grid, I get nothing. So what do you do. You put
in a solar system and at night you're using the utility electricity. That's what
you're doing. You're not selling the extra, you're giving the extra away during
the day and at night you suck up the electricity. So here you put
in a massive system, spend I mean buckets of money. The payoff does
work, by the way, depending on the utility. And one of the
best places is where I am. But even in Department of Water and Power,
which is one of the best utilities in the country. The payoff is
pretty good, and it just makes sense, at least in my life my
mind. And so there's only one answer where you're not going to pay for
electricity, and that's to put in a battery system where that excess electricity that's
produced during the day, instead of going back to the grid, powers the
batteries and you use those at night. And if you don't have electricity powering
the batteries, they're good for what two three days something like that, And
so it's a pretty good idea to have them. So I had to buy
and I did buy some batteries, two big batteries. By the way,
they look neat. They look like painted Ikea boxes that you buy desks and
you put them on the wall of the garage and they look really neat.
Matter of fact, I have to take a picture of that and put it
up on the website my sun Luck system. But I had to spend more
money for my battery, So the payoff goes a little bit later. The
answer is the utilities say they were losing money, and they say that people
who had solar systems were making money, and the rest of you don't have
a system we're subsidizing, and so now it's tier three, you ain't going
to get money back from the utility. But does it make sense. Yeah.
The bottom line is we have too much electricity in the state. During
the day. There is an excess, a surplus of electricity in this day
and age. We're not building solar plants certainly or very few of them.
And the more people that put in solar systems in their home, the less
electricity that you need from the grid. At this point, I think California
is thirty percent alternative energy. It's a head of where it was called for,
which is the most aggressive in the country, And as far as the
percentage of power that's produced by alternative we are ahead of any other state by
a long shot. Now, to be fair, we get lots and lots
of sunshine. You know, when you talk about North Dakota, Minnesota,
Oregon, Washington, where it's always gray. By the way, if you
want to commit suicide, just spend a winter in Bend, Oregon. Right,
I'm guaranteeing you're jumping off a bridge, gray and miserable and wet.
Solar doesn't do very well there. But here in southern California, you do
it, which you have to buy a battery in order to make it a
zero bill to your utility company, and utility prices are going up all right.
Coming up another story of excessive heat because we're in the middle of this
crazy ass heat wave and it's a spin on a story that I don't think
you've heard before. And this may actually kill you and not kill you because
it's too hot. What does that all mean? I'll put this all together
because I just confuse myself. You're listening to Bill Handle on demand from kf
I am six forty. I want to talk a little bit about the heat,
not just the heat. Amy told us today it's going to be triple
digits in the Valley, in the Inland Empire. Even the meth dealers there
are taking the day off. It's just going to be very, very tough.
Why you got to beat up on the IE because it's the IE and
it's great fun. Tell me where I don't beat up on. There's no
place people in good food in the Ie. Man, Yeah, very high
end restaurants in the Ie. Yeah. Matter of fact, the Anaheim White
House is thinking of opening up the Riverside White House. Okay, Samford do
you know, white house in any case, So let me tell you one
of the things that happens when you have heat. Of course, you die,
people that I have heat stroke, and there's all kinds of dangers and
you're running the air conditioning. So what happens if let's say you're caught up
in the mountains, which people have a want to do, and the only
way they can rescue you is with a helicopter. You know those lifeline helicopters,
right, Guess what, in this kind of heat, they can't fly.
It's too hot for them to fly. The air is so thin because
it's heated up, and the molecules are so spread out, the blades can't
bite into the air, and it just doesn't work. So if you are
let's do a formula here. Okay, if you are dumb enough to hike
in temperatures that are too hot for a helicopter to rescue you, Okay,
where are you on the idiot's scale on that one? Eight nine out of
ten. And there are stories out of stories, story after story, and
it is a real problem, and people have died, people have died,
and it's and the pilots make that determination. That's it's a pilot's call,
and so you have a call that goes in. Clearly someone is in one
of these areas that is in accepts, inaccessible by truck or whatever, and
the only way out is those rescue helicopters because of bringing someone in, hiking
someone in may take two days, so that's not going to happen. And
so the pilots they work out of a center. And where is it,
Stockton, I think up in that area In any case, there is a
helicopter command center where six eight people sit there and they go ahead and send
out the copters, or least at least send out the name or the call
for the copter. And then you have the helicopter pilots and they figure out
weight, they figure out how much fuel, they figure out temperature. In
some cases it is too hot in terms of the equipment on the helicopter working.
They don't even worry about how hot it is in the air and the
blades biting into the air, the stuff just doesn't work. It overheats the
mechanisms. By the way these things. You're up in the air for a
couple of hours in this kind of heat. So let's say you're one degree
all right, the pilot is one degree under the maximum temperature, maybe one
hundred and twenty degrees one hundred and eighteen degrees, depending on the altitude and
depending on the helicopter, of course. And so they go ahead and take
off, okay, And they're there on that flight for a couple of hours
sometimes, and they're wearing these flight suits that are heavy as hell. There's
layers and they're not in shirt sleeves. You've never seen that. And so
they're gonna say no, thank you, and they're all gonna sit around and
watch you basically die. And there's going to be an office pool. And
they've done this many times before, and that is when a rescue crew finally
gets up there. How long has that person been dead? And everybody puts
in five bucks into the office pool and the winner gets, depending on how
many people are in the call center, twenty twenty five dollars. And you've
helped, you've helped the entertainment level. So go ahead and hike up in
the mountains when it's one hundred and twenty degrees outside and a big mazzle tub
to you. That's a Darwin Award winner, don't you think coming out I'm
looking at a picture in the La Times and this is a massive house.
It's a real estate story. It's a massive house on a lake and I
mean huge, Well, actually not huge. It just looks huge. But
it's six thousand square feet seven acres of land. Okay, wow, I
mean, who the hell can afford that. I'll tell you this story,
and it is a good one. It all has to do with how price
of housing and where we're living and buying homes. I mean all of that.
I love these stories. As you know, you're listening to Bill Handle
on demand from KFI Am six forty. I want a reminder that the Bill
Handle Show podcast has now dropped, and there are two episodes up on my
website. That's the bill the Bill handleshowpodcast dot com, or you can go
to the iHeartRadio app one of the episodes. The first episode is up on
it. The second one goes up at nine a m. And this is
to introduce me to a lot of people who don't listen to the show and
those of you have and know about my background. I talk about that my
parents, I talk about the Holocaust, I talk about my grandparents, and
I've filled out the story and there's a lot of things that I have not
shared with people, and at least background wise, it's pretty interesting stuff.
My dad's story alone. Two film companies, two film companies have optioned his
story. So that's the kind of interest or how interesting the story of my
background is. And so that's available on the iHeartRadio app and you can go
to the website and that's the bill handlepodcast dot com. All right, now,
I'm gonna do two segments on this, Michelle, and we'll put the
baby boomer story till tomorrow. I'm looking at a picture from on the Yellow
Times. There's a story about housing on the La Times, in the La
Times, and it is this gorgeous house of six thousand square feet and it
sits on seven acres of land. I mean it is gorgeous swimming pool that's
surrounded by palm trees. I mean it is a knockout. And how do
you buy this? How do any of us buy this? Well, Dianne
Nolan and her husband bought it for seven hundred and forty thousand dollars. How
is that possible? It's in heemit. That's how it is possible. And
therein lies the story and this I think, I don't know where Michelle is.
I'd like to put this up on the website so you can see this
house. All right, Why is this such a big deal? Well,
because you could always w a house in Hemet for very little money. Why
is that? Because it's Hemet, which is what it's out the ten?
Isn't it way out the ten? I don't even know. I think you
go. I think you go past the cows, you go past the sheep,
and certainly you past the inland Empire. I mean it's out there.
I think I don't even know exactly where it is. So what is going
on? Why are so many people building and buying these homes, for example,
as in Hemet, Well a couple of reasons. As you can imagine
this same house anywhere in a decent area in southern California. Well, you
can't buy seven acres of land, it doesn't exist. If you're talking about
the West Side, where in Los Angeles can you get seven acres of land?
It doesn't exist. And then it is six thousand foot to home with
swimming pool and it's beautiful architecture, and you pay seven hundred for forty thousand
dollars. If this was well, no, it's if it were available,
this would be thirty forty to fifty million dollars if but it's not. Even
when you're talking about the homes that are fifty million dollars, they are on
two acres of land, an acre and a half of land, and that
is insane Malibu. If you have three hundred feet of footage along f you're
on the water along the beach, that's a forty million dollar foot that's a
forty million dollar home. So let me tell you what's going on, Because
more and more of these are being built. Housing prices are exploding, as
you know. And for people that bought their home twenty years ago, thirty
years ago and have paid off their mortgage, or have come close to paying
off their mortgage, or want to buy a home, well, your home
if you've paid off your mortgage. The median price of a home in in
California and La County is nine hundred and eighty something thousand dollars. In Burbank
it's one point three million. Orange County it's one point two to one point
three. And so you sell the house with no mortgage, a very little
mortgage, and if you bought the home twenty years ago. That's what happens.
And so let's say you've got a million in cash, million two in
cash, or let's say you have a four hundred thousand dollars mortgage and you
pay that off, you can buy this puppy for cash, and all of
a sudden you are living in absolute splendor. If you're willing to live in
Riverside sand Berddido, Kern County, that becomes the problem. It's pretty impressive.
And so I'm thinking of doing that. By the way, there's a
story about this woman Diane Nolan, who uh I mean she there's some sacrifices.
For example, this July, so I guess a couple of weeks ago
or last week, the temperature went up to one hundred degrees Okay, well,
big deal before ten am and by the hot time it gits noon,
it's one hundred and forty degrees. You got a pool, you got air
conditioning, and you got seven acres. Yeah, that's true. I have
seven acres of shrub we paid fifteen years ago. We paid more than that
for our house, which is under fifteen hundred square feet. Yeah, and
the house is at least twice that or more. Right, now, so
what do you think you spend seven hundred and forty thousand dollars for this house
for example, as she did out in Hemmett, seven acres, six thousand
square feet swimming pool. I mean the architecture, as I said, is
just a knockout. Michelle, can you put this picture up on the website
or no, I can put it up on Instagram? Yeah? Would you
do that? Yeah? Because I want people to see what this puppy looks
like. I mean, it's just extraordinary. So seven hundred and forty thousand
or seven hundred forty thousand dollars? Uh? And it the value now is
what do you think it's going to be worth in five years? Seven hundred
and forty two thousand dollars? This is Hemmet, for God's sake. But
that's a it's a thing, boy, is it a thing? People are
moving out and they're building. Developers are building these large, gorgeous homes in
areas that are out in for forf in land, but aren't aren't the building
supplies still incredibly expensive right now? Uh? Yeah? But you're not paying
anything for the land. Labor. I mean, if you're out there,
you have labor. I mean, you have skilled labor, and so you're
a carpenter that normally would make forty dollars now or you paying four dollars an
hour because they live in that area. It's just it makes sense. I
don't know what it would cost to build it, but it's just it's crazy
and it's happening more and more and more. Okay, I just put it
up on your Instagram. Okay at Bill Handle the show the Instagram. All
right, coming up. You've seen spam a lot, right, and the
show and the song I'm Not Dead Yet that is now a theme song for
baby boomers. And I'll explain and put all of that together coming out.
That wasn't bad, wasn't Michelle in terms of a tease? Not bad?
That wasn't bad. All right, we're coming back. You're listening to Bill
Handle on demand from KFI AM six forty. Let me tell you about the
fastest growing city in the United States. It's called Georgetown. It's in Texas.
And why is it the fastest growing city. Well, let me give
you a stack. About one hundred thousand people, almost twenty percent live in
Sun City and this is a fifty five plus community. Baby boomers live here,
and these communities are exploding around the country. Why well, because baby
boomers today are not the sixty five year old or seventy year olds of yesteryear.
And these communities, well, this one is over five thousand acres family
single family homes, pools, and fitness centers. This is within the various
areas pickleball courts, clubrooms. I mean, this is active, active living.
And baby boomers have become well more disposable income than any other group we
have, and they're spending money. And to give you an idea, I
actually looked at one of these here in southern California. Well, if you're
looking in the LA area, there's a couple three which are very expensive.
But I have thought of actually moving into one of these when I truly truly
retire, because they're just I look at them, they're so great. For
example, I went out to one I don't know about a month and a
half ago just to check it out, and I expected people with walkers and
wheelchairs. The medium age, for example, at sun City is seventy three
in Georgetown, and so I figured, okay, I'm going to see people
that are old and decrepit. I happen to run into the pole Vaulting Club,
and I said, that's pretty impressive. By the way, that's not
true, Neil, but it sure sounds good, doesn't it. It had
me for a moment, sir. Yes, But these are people that are
really, really active. It's a different world, and they buy these places
for cash. And Georgetown, I mean, the city has more money than
it knows what to do with because these boomers spend a fortune. There's a
tax base. They the average amount of money that people have. There are
three million dollars in the bank and they spend it. And they are retired,
and it is There are communities around the country that are looking at this
and going, whoa medium price five hundred thousand dollars okay for a home and
they're not small homes. And your neighbors are well. I mean, I'm
sure you have neighbors that are one hundred and fifty years old. But for
the most part, when they say active communities, fifty five plus active communities,
you bet you. And I'm going, you know what, the Saint
bad. This is not a bad place to live. And as I said,
I was considering it, but I happen to be living with a woman
that said, she'd rather be dead than live in one of these, so
I have to wait for her to be dead before I move into one.
But I'm fully looking at this when I really retire, when I don't do
any more work. But it's going to be a while. I wake up
in the morning, and what the hell would I do? You know?
I don't talk to anybody because I hate everybody. I have no social life
because everybody hates me. What do I do? All right? So?
I work? So I work. It's a hobby that doesn't cost me money
that I actually get paid for it. Can you imagine? Whatever? What
hobby do you have, Neil? Do you have anys of hobbies? I
do a lot of artwork I have. Oh yeah, yeah, but you
can get paid for that. Okay, fair enough, Amy hobby? Yeah
what? I don't have a lot of hobbies right now? Like you know,
I go to Disneyland and Dodger. Okay. Can you imagine getting paid
to go to Disneyland? Yes, you can imagine that. I can imagine
it. Okay, let me put it this way. Do you think that's
ever going to happen? No? No, that's true. All right.
I am out of time because we can go through that for a while.
Bottom line fifty five plus communities and it's a big story. And by the
way, this came out of where ARP, which has become one of the
biggest, most powerful lobbies that exist. That's the American Association of Retired People,
and their spokesperson is as it's a seal that goes ARP. Nevermind,
that didn't work either, all right, coming up, Hey, they can't
all work. They most of them don't. That is correct. Coming up
Joel Larsgard with how to Money. You've been listening to the Bill Handle Show.
Catch My Show Monday through Friday six am to nine am, and anytime
on demand on the iHeartRadio app.