You're listening to Bill Handle on demand from KFI AM six forty and this is
KFI Bill Handle here on a very hot Tuesday morning, July ninth. By
the way, my podcast, brand New podcast drops today Tuesdays and Thursdays at
nine o'clock and we're well moving forward because the podcasts are well I guess the
wave of the future. Does that sound legitimate? In addition to the broadcast
we're doing here, so more work, no money anyway, drops today.
Go to the Bill Handleshow podcast dot com and it is totally different content today
and Thursday. I talk about and you've heard a little bit about this,
how I came to where I am, starting with my grandparents and their background
and not surviving the Holocaust and my father clearly surviving the Holocaust and his family
up to come to Brazil, and then my story Brazil to the United States
and how we got into radio and my background. Just introduce myself to people,
and so you know, i'd love your input on this. By the
way, go to the Bill Handleshow podcast dot com starting at eight o'clock,
starting at nine o'clock this morning, and you can listen to it anytime of
course, all right, Tech Talk with Rich tomorrow. Rich has heard Saturday's
eleven to two pm right here on KFI on Instagram, It's Rich on tech
website, Rich on tech dot TV. Good morning, Rich, Hey,
good morning to you. Bill. You are in Putti. Yeah, I
like this time change. It is currently five pm here, it's almost happy
hour in Paris. Yeah. Hello, So what are you doing in Paris?
Well, this is where the Olympics are happening. Samsung is a big
sponsor of the Olympics, so they thought, why not launch their next phones
here in Paris because they've already got signs up all over the city advertising Samsung.
So they brought me out here along with a bunch of other folks,
and we are going to have an event tomorrow morning which is called Samsung Unpacked
Galaxy Unpacked, and they are going to show off their latest foldable phones.
By the way, this is mostly rumor and speculation at this point. I
don't know exactly what's going to happen tomorrow, but foldable phones, also new
earbuds and new watches, plus a new smart ring. This is the first
smart ring from Samsung. It is competing with what's called the Aura ring and
smart rings are very very popular these days. So Samsung brought you over to
Paris they did, and wow, yes, coach or or business class,
actually premium economy. I took an airline called French b which I requested because
it's brand new, and I will tell you Bill, it was incredible.
It's a brand new airline. That's I don't know how long they've been flying
from Lax to Paris, but it is a brand new plane at the service
was impeccable. The plane was had that new plane smell. We might have
been the first flight over here. I'm not sure. I don't even know.
Maybe the maybe the pilot was new as well. But it was fantastic.
It was pretty new plane. Yeah, I assume it was. I
assume it was an air bus. It was an air bus, and I'm
unusual about France manufactures air buses. Ah, there you go. That's that
makes the difference. I'm telling you. The airbus takeoff is like none other.
It's almost like just floating up into the sky. So I really do
enjoy that anyway. But yees, So all the Samsung products that they're unveiling
will be tomorrow, and uh, you know, it's a big unveil because
these foldable phones. We've talked about this before, that is the biggest growth
area for all of these mobile phone companies because the standard slabs had become pretty
boring at this point, and so people are very much interested in these foldables.
A lot of people have not jumped off onto them just yet, but
maybe that will change with this latest model. This is the sixth generation.
They've been doing this since twenty nineteen. If you can believe it. I
find it astounding just moving away from technology just for a second and going to
the business side of this. Samsung flying you and you happen to know how
many others to Paris for this announcement. I will find out tonight when I
get into the milk room. But last year it was it was South Korea
they flew must have been a thousand more people. It's unbelievable. And I'm
assuming Samsung is one of the chief sponsors of the Paris Olympics. Yes,
indeed, I can't even imagine how much money they are spending on this promotion,
on this campaign. I mean, that's just extraordinary. And so Bill
I was talking with some influencers earlier today and if you hear how much they
charge for these videos that you see on Instagram and TikTok just for one video.
It is a lot of money. And so these companies now have changed
the way they market to the consumers because the standard advertising, while still effective,
is very expensive and to them, they can target individual folks by doing
these Instagram reels, you know, by doing all this different stuff that's very
different than the standard kind of old school advertising business that they used to run.
Yeah, I have heard, and you can confirm or deny this one,
that some influencers have so many viewers that they can get one hundred thousand
dollars for a post. I would say that that's probably true for folks that
are up there in the millions, for sure, based on the numbers I
was hearing today, for folks that are just standard you know, every day
you know influencers. Now, I will tell you the top you know tech
YouTuber, a guy named MKBHD. He's got and most of these people do.
Many of them have multiple people on their team. I think with MKBHD
last I heard, there was like at least a dozen people on his team,
and every one of those people is making a salary. He's got big
Studios just bought a new studio building in New Jersey to do his videos.
So there is a lot of money to be made. The world is changing.
Things are changing, and these companies are adapting to It's a much more
micro. I mean, you launched a podcast today, you know there's probably
going to be advertising there. And whoever likes you and listens to your show,
now they'll be served up ads that are specific to them based on you
know, their listening profile, and thank you for plugging that. That's at
Bill Handleshow podcast. And the advertisers are lining up right, Yeah, I'm
I'm sure they are. Yeah, yeah, I wish by the way,
in terms of KFI sending us any place, they will not pay for the
gas to Pacoima when I do a when we do a remote broadcast. Just
wanted to point that out. By the way, these major podcasters, you
know, they're going business class and I would be very upset if there.
If I were you Rich in Paris right now, Buddy, and he got
on the plane. By the way, Rich, real quickly, are you
going up the Eiffel Tower, up the on the Eiffel Tower. Yeah,
the best view is from the Eiffel Tower No, the best view is if
you want to see the Eiffel Tower in the view. You don't want to
be on the or on top of the Eiffel Tower. I just want to
bring that out. And it's very expensive, by the way, insanely expensive,
and you're going to be in line forever. Just saying I just if
I can do anything to ruin your stay, of course I will do that.
Now talking about going to Pair or any place, getting on the plane
and what I have done, I went from a paper boarding pass and I
think it was just last year. I now use my iPhone where that's where
you have. I think they have the QR code on it that the little
reader looks at and now you don't need even that. What happened to you?
Yeah, it's pretty wild. So I took a new airline called French
B to Paris. They fly direct from Lax. That's what appealed to me.
Also, the time I got in was very reasonable in the afternoon,
which is nice, so that you have, you know, you just have
to get through one night of jet lag. Anyway, Lax, by the
way, that huge expansion they did with like the new terminal, it was
about a twenty minute walk from the front and where I checked in to the
actual gate, because I was the last gate of the entire new section.
They warn you, they say it's a it's at least a fifteen minute walk,
and I was doing it fast anyway. So you're familiar, like you
said, with your phone as your boarding pass, because now you can add
your boarding pass to your Apple wallet. But this actually took it up a
notch. I had never seen this before. This was a new automated system
for getting on the plane that uses facial recognition. So now how typically you
get in line and someone scans your boarding pass on your phone or you actually
just scan your phone on a little scanner. This is completely different. There's
four or five little lanes that have these doors in front of them, like
these glass doors, and then a camera with a display, and so you
literally just walk up to this camera with the display, you put your face
in front of it, and within a second it identifies you. If it's
green, the door's open, you walk on the plane. You did not
have to show a boarding pass. It's all using facial recognition and biometrics.
Now, if it doesn't recognize you, it turns blue or red, and
that way if that has happens to you, you got to walk over to
the side and have someone manually scan your pass make sure it is who you
say you are. But I thought this was pretty amazing because it's super super
fast. You get it four or five people in at the same time it
would take for one person to scan. Yeah, I'm going to put a
wrench in that one. Okay. So you're zipping through there, and as
you go onto the skyway, you still have one door and you're boarding one
plane. And if you're not number one or number two or number ten in
line, that's backed up and all the technology in the world is not going
to help you get on the plane. Well, I like your positive outlook
on things. Yes, you are right. I was early to board,
so I did not see the huge line that typically, I agree what happens
with most boarding processes. You finally get through the little door and the next
thing you know, there's another line of all the people trying to get on
the plane. Obviously, it depends on how fast people are putting stuff in
the overhead compartment and stuff. But the bottom line is that if you are
traveling through LAX at this point, it is very high tech and we're getting
to the point where boarding passes, I mean, the paper boarding pass,
as you know, is going out of fashion. But now even the digital
boarding pass is almost out of fashion because most of the time they're asking you
for your ID and they just scan that. But now they're just starting to
scan your face. And at LAX they even have the TSA pre check,
which uses your face instead of a boarding pass, and that's going to expand
to a whole bunch of airports, you know, in the next couple of
years. So the reality is all of this stuff is going digital, and
it's even surpassing the smartphone. It's now just going completely biometric, which I
know some people have a problem with with facial recognition TSA. They say that
all of this data is deleted as soon as your flight takes off, and
if you want to find a picture of me, you can absolutely find one
online. Will people try to hack these systems? Probably sure. Yeah.
For example, I'm gonna try to look like you and get on an airplane.
In talking about LAX real quickly, which has a reputation of being the
one of the worst airports in the world. I mean, it's that bad
twenty minute walk and there weren't those walkways that you zip along you actually have
to walk. No, it was actually quite impressed. They did have some
of those walkways. Now they also had built up and downstairs. I mean
it is I think what happened is and I didn't really maybe I missed the
story on this, but you know, they had the Tom Bradley terminal,
but then they built this new terminal which must be detached from it. And
I think what you're doing is going underground. So you go down and then
over and then up again. Yeah. No, I've been there. It's
it's pin in the ass. It really is. Okay, and you are
it's pretty big. Yeah, and it's uh anyway, just what else can
I do to be negative your trip? The Eiffel Tower standing in line,
the airplane. Okay, we're good today. We'll talk again. We'll say
the food is good here Bill, the food is good. Well, then
you're talking about the French food on the airplane. No here like in Paris,
I've had a chance to have oh yeah, well yeah, the French
are very serious about their food, and it is it is extraordinary. All
right. One more thing, real question, by the way, one leader
of Avion, Bill sixty two cents here. Just keep that in mind the
next time you pay four bucks in the States. Okay, all right,
I will like okay, oh, because I think I'm gonna go via Paris
or London in October. I'm trying to remember, don't remember, all right,
Rich, we'll talk again next Tuesday when you're back in town. I'm
assuming yes, Okay. Now, Oh, here's a fun story I want
to share with you. Well, not so much fun. If you own
a single family dwelling. There is a fight a brewing between people who own
home single family dwellings on single watts, people who would like to buy property
at somewhat of a reasonable price, the state which wants more density because we
need more housing because there isn't much good land out there unless you want to
live out and for forefeit land and the inland empire way out there. And
so what does the state do? Well, by law, here's what the
state did. ADUs additional units on your property. And they have to say
yes. The zoning board cannot say no. Building in safety cannot say no,
you are able to build this extra unit on your property. And there
are certain rules and regulations. Has to be a kitchen device, you know,
a little kitchen at there has to be a bathroom and a few other
regulations, but hey, they can't stop you from doing it, because now
you have another unit. Used to be called granny flats because inevitably granny or
mother in law or whatever would move into them. So that's number one.
Now the big one is that zoning will let your neighbor sell or develop his
or her lot and put multiple dwellings on the lot. Oh boys, So
here you are. You spent buckets of money buying your property, and you
have a single family dwelling and you have a nice neighborhood because your neighbor is
next to you also a single family dwelling. And let's say you have a
little bit of a yard or a lot of yard. And for example,
I just bought a house in a gated community and because that's well, because
I'm paranoid now, but they're single family homes and a lot is reasonably sized.
And let me tell you, I don't want an apartment building next door.
Who does, Neil? You live in an area which has wonderful homes,
and you have apartment buildings down the street in an area where they didn't
exist. All of the homes in my area are one hundred years old or
more and are on R two or R three lots, And I will tell
you there is not. They keep thinking they're making oh more housing. No,
these things are going for a million dollars plus for these town homes,
and they're putting people are tearing down these one hundred beautiful, one hundred year
old craftsman style homes and putting up these cracker box, ugly square buildings.
Why but it's din but modernized buildings. Yeah, and then say, but
yeah, but they're going for who's going they? Okay, well, let
me ask you this. How much does a single family dwelling go for?
If it's a million dollars for one of four units, you want one unit
on a lot, it has to be astronomical. I know that you bought
your property and it's worth probably eighty percent more than when you bought it,
If not one hundred percent more, Oh, it's well over one hundred it's
more than doubled, maybe tripled. Okay, I mean it's because you have
a single family dwelling, you've and quadrupled. Okay, Yeah, it's a
it's a lovely home. It's old. I mean old, I mean really
old. It's one and twelve years old. Well it's one hundred and twelve
years old. Yeah, yeah, okay, yeah, I think this twelve
yeah, was built in nineteen twelve. Okay, So let me do this.
What are people doing? They go to the city and the planning Commission
and the zoning people. Zoning people don't say no. They let the multiple
dwellings go up, and they have to because you can't say no. So
what they're doing is going to court because zoning is now allowed, and the
developers really file those environmental impact studies. You don't know what traffic is going
to be like. You don't know how busy and overcrowded the schools are going
to be like in that area. The sewage system is not going to be
overrun. So they go to court, and are they going to win?
They share hope. So because on a governmental level not helping at all.
If you're buying a single family home, I got to tell you I it
was not cheap my home. It really wasn't that I built or that I
bought. It's twelve years old. It has a decent sized lot. If
they build apartments next to me. My property values are going to drop,
drop, drop, and I'm not very happy about it. Now, if
I were to buy a one of the units next door to my house,
I'd go I'd argue the other way. Look at the argument. There's a
good argument for one, there's a good argument for the opposite. And we
don't know which way it's going to go. We don't we'll find out.
Court cases are just starting now. I want to end the show with housing.
I love talking about housing because I just bought a house and we talk
about it, Neil and I. We just finished talking about it the last
segment, and I'm going to connect the cost of housing with elevators. And
I know you're sort of looking and let me explain something about the cost of
housing. Now. This is multifamily dwellings clearly, although during the break,
Michelle was saying in her neighborhood, town homes near her this project that was
going up have elevators and this is not uncommon now, elevators in town homes
or homes where they put the for example, the garage part of the house
underneath the house, so you've got out of the garage first story, second
story, and people are putting in elevators, and they're expensive, and I
mean expensive. For example, in New York, an elevator, a four
stop elevator, just four stops, which you have some residences have cost one
hundred and fifty eight thousand dollars. That same elevator in Switzerland is thirty six
thousand dollars. The costs are astronomical. And now why do I bring this
up. Well, because you have multi family dwellings that they're selling individually,
and the cost of elevators are so astronomical. Here in the States, it
actually adds major costs to the housing project. And why is this Well,
because the regulations are the city. You've got local regulations, you've got local
inspectors. In Europe, it is all one law that controls the elevator's company,
the elevators that are being put in. Also, when I built a
Persian palace, I put in an elevator and I it was ridiculous. Would
I do it again? I don't think so. I once ran into an
elevator guy. They were repairing an elevator here in the building. And do
you have any idea what elevator people make? It's probably the best union on
the planet. Thirty years ago. It was sixty five seventy dollars an hour,
is what these guys got. They don't do that in Europe. The
unions aren't that strong in Europe. Elevator costs are so astronomical. You know.
I, well, I'd like to go through it. Maybe I'll have
to do this on Monday, because there's a bunch of history to this.
Elevator was invented here in the United States. Elijah Otis invented the elevator.
You've heard of the Otis Elevator Company. It's one of the most famous elevator
companies eighteen fifty two. It's one hundred and seventy five years old and it's
still in operation. And he became very wealthy. And it used to be
that in a three four five story residence, the most expensive units were at
the bottom because you didn't have to walk up the stairs. That completely reversed.
What do you think you pay for for a unit that's on top of
the building that is completely reversed. So I'm going to get into it more
because there's history here and I don't have time, and I want to call.
I'll do this on Monday because there's a world to this. I just
don't have time to do it. Hey gry yeah, real quickly. You
keep saying Bill Handle Show podcast website. It is the you have to put
the Oh okay, Bill Handleshow podcast dot com, The Bill Handle Show.
Thank you for that. Thank you? Okay, so thanks to Nick who
was uh pointing that as what well, I thank you for that because people
wouldn't get it, and frankly I forgot it. So podcast drops in just
a few moments. My first one, the bill the build it can I
I mispronounced my own name. The Bill Handle Show podcast dot com. I
actually get paid for talking on the radio. It's a frightening concept. The
Bill Handle Show Podcasts dot com. All right, we started again tomorrow right
here Amy Amy at five o'clock with wake up call Amy, Yeah a m
y okay, uh walk up heel yeah, every morning starting at five am,
and then and then Nell and I come aboard at six o'clock. Kf
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