WEBVTT 1 00:00:00.600 --> 00:00:06.879 You're listening to Bill Handle on demand from KFI AM six forty and this is 2 00:00:06.960 --> 00:00:11.240 KFI Bill Handle here on a very hot Tuesday morning, July ninth. By 3 00:00:11.279 --> 00:00:17.839 the way, my podcast, brand New podcast drops today Tuesdays and Thursdays at 4 00:00:17.920 --> 00:00:26.039 nine o'clock and we're well moving forward because the podcasts are well I guess the 5 00:00:26.039 --> 00:00:30.160 wave of the future. Does that sound legitimate? In addition to the broadcast 6 00:00:30.239 --> 00:00:35.039 we're doing here, so more work, no money anyway, drops today. 7 00:00:35.079 --> 00:00:43.560 Go to the Bill Handleshow podcast dot com and it is totally different content today 8 00:00:43.759 --> 00:00:47.079 and Thursday. I talk about and you've heard a little bit about this, 9 00:00:48.320 --> 00:00:53.439 how I came to where I am, starting with my grandparents and their background 10 00:00:53.640 --> 00:00:58.759 and not surviving the Holocaust and my father clearly surviving the Holocaust and his family 11 00:00:59.280 --> 00:01:03.439 up to come to Brazil, and then my story Brazil to the United States 12 00:01:03.520 --> 00:01:07.599 and how we got into radio and my background. Just introduce myself to people, 13 00:01:08.000 --> 00:01:11.799 and so you know, i'd love your input on this. By the 14 00:01:11.840 --> 00:01:15.959 way, go to the Bill Handleshow podcast dot com starting at eight o'clock, 15 00:01:17.599 --> 00:01:19.560 starting at nine o'clock this morning, and you can listen to it anytime of 16 00:01:19.560 --> 00:01:25.200 course, all right, Tech Talk with Rich tomorrow. Rich has heard Saturday's 17 00:01:25.239 --> 00:01:27.879 eleven to two pm right here on KFI on Instagram, It's Rich on tech 18 00:01:29.239 --> 00:01:33.719 website, Rich on tech dot TV. Good morning, Rich, Hey, 19 00:01:33.760 --> 00:01:38.400 good morning to you. Bill. You are in Putti. Yeah, I 20 00:01:38.519 --> 00:01:42.480 like this time change. It is currently five pm here, it's almost happy 21 00:01:42.519 --> 00:01:49.519 hour in Paris. Yeah. Hello, So what are you doing in Paris? 22 00:01:49.799 --> 00:01:53.439 Well, this is where the Olympics are happening. Samsung is a big 23 00:01:53.480 --> 00:01:57.439 sponsor of the Olympics, so they thought, why not launch their next phones 24 00:01:57.480 --> 00:02:02.840 here in Paris because they've already got signs up all over the city advertising Samsung. 25 00:02:04.319 --> 00:02:07.400 So they brought me out here along with a bunch of other folks, 26 00:02:07.519 --> 00:02:13.319 and we are going to have an event tomorrow morning which is called Samsung Unpacked 27 00:02:13.360 --> 00:02:16.400 Galaxy Unpacked, and they are going to show off their latest foldable phones. 28 00:02:16.680 --> 00:02:20.960 By the way, this is mostly rumor and speculation at this point. I 29 00:02:20.960 --> 00:02:24.759 don't know exactly what's going to happen tomorrow, but foldable phones, also new 30 00:02:24.800 --> 00:02:30.800 earbuds and new watches, plus a new smart ring. This is the first 31 00:02:30.000 --> 00:02:35.759 smart ring from Samsung. It is competing with what's called the Aura ring and 32 00:02:35.879 --> 00:02:40.199 smart rings are very very popular these days. So Samsung brought you over to 33 00:02:40.280 --> 00:02:45.879 Paris they did, and wow, yes, coach or or business class, 34 00:02:46.120 --> 00:02:52.960 actually premium economy. I took an airline called French b which I requested because 35 00:02:53.120 --> 00:02:55.639 it's brand new, and I will tell you Bill, it was incredible. 36 00:02:55.960 --> 00:03:00.120 It's a brand new airline. That's I don't know how long they've been flying 37 00:03:00.120 --> 00:03:04.439 from Lax to Paris, but it is a brand new plane at the service 38 00:03:04.520 --> 00:03:08.479 was impeccable. The plane was had that new plane smell. We might have 39 00:03:08.520 --> 00:03:10.719 been the first flight over here. I'm not sure. I don't even know. 40 00:03:10.759 --> 00:03:14.879 Maybe the maybe the pilot was new as well. But it was fantastic. 41 00:03:14.919 --> 00:03:16.879 It was pretty new plane. Yeah, I assume it was. I 42 00:03:16.879 --> 00:03:21.199 assume it was an air bus. It was an air bus, and I'm 43 00:03:21.319 --> 00:03:27.319 unusual about France manufactures air buses. Ah, there you go. That's that 44 00:03:27.479 --> 00:03:30.759 makes the difference. I'm telling you. The airbus takeoff is like none other. 45 00:03:30.840 --> 00:03:35.080 It's almost like just floating up into the sky. So I really do 46 00:03:35.240 --> 00:03:39.879 enjoy that anyway. But yees, So all the Samsung products that they're unveiling 47 00:03:40.719 --> 00:03:44.800 will be tomorrow, and uh, you know, it's a big unveil because 48 00:03:44.800 --> 00:03:49.000 these foldable phones. We've talked about this before, that is the biggest growth 49 00:03:49.080 --> 00:03:53.400 area for all of these mobile phone companies because the standard slabs had become pretty 50 00:03:53.479 --> 00:03:58.800 boring at this point, and so people are very much interested in these foldables. 51 00:03:59.000 --> 00:04:01.159 A lot of people have not jumped off onto them just yet, but 52 00:04:01.280 --> 00:04:05.000 maybe that will change with this latest model. This is the sixth generation. 53 00:04:05.120 --> 00:04:09.360 They've been doing this since twenty nineteen. If you can believe it. I 54 00:04:09.479 --> 00:04:14.680 find it astounding just moving away from technology just for a second and going to 55 00:04:14.800 --> 00:04:18.360 the business side of this. Samsung flying you and you happen to know how 56 00:04:18.399 --> 00:04:26.319 many others to Paris for this announcement. I will find out tonight when I 57 00:04:26.360 --> 00:04:30.360 get into the milk room. But last year it was it was South Korea 58 00:04:30.439 --> 00:04:35.759 they flew must have been a thousand more people. It's unbelievable. And I'm 59 00:04:35.759 --> 00:04:41.839 assuming Samsung is one of the chief sponsors of the Paris Olympics. Yes, 60 00:04:42.279 --> 00:04:47.120 indeed, I can't even imagine how much money they are spending on this promotion, 61 00:04:48.279 --> 00:04:54.160 on this campaign. I mean, that's just extraordinary. And so Bill 62 00:04:54.279 --> 00:04:59.759 I was talking with some influencers earlier today and if you hear how much they 63 00:05:00.120 --> 00:05:06.120 charge for these videos that you see on Instagram and TikTok just for one video. 64 00:05:08.360 --> 00:05:11.680 It is a lot of money. And so these companies now have changed 65 00:05:12.040 --> 00:05:17.240 the way they market to the consumers because the standard advertising, while still effective, 66 00:05:17.879 --> 00:05:23.800 is very expensive and to them, they can target individual folks by doing 67 00:05:23.839 --> 00:05:28.680 these Instagram reels, you know, by doing all this different stuff that's very 68 00:05:28.680 --> 00:05:32.600 different than the standard kind of old school advertising business that they used to run. 69 00:05:32.839 --> 00:05:36.560 Yeah, I have heard, and you can confirm or deny this one, 70 00:05:36.959 --> 00:05:43.879 that some influencers have so many viewers that they can get one hundred thousand 71 00:05:43.920 --> 00:05:50.439 dollars for a post. I would say that that's probably true for folks that 72 00:05:50.439 --> 00:05:54.639 are up there in the millions, for sure, based on the numbers I 73 00:05:54.680 --> 00:05:59.000 was hearing today, for folks that are just standard you know, every day 74 00:06:00.079 --> 00:06:03.279 you know influencers. Now, I will tell you the top you know tech 75 00:06:03.399 --> 00:06:09.480 YouTuber, a guy named MKBHD. He's got and most of these people do. 76 00:06:09.639 --> 00:06:12.839 Many of them have multiple people on their team. I think with MKBHD 77 00:06:13.399 --> 00:06:15.879 last I heard, there was like at least a dozen people on his team, 78 00:06:16.519 --> 00:06:20.120 and every one of those people is making a salary. He's got big 79 00:06:20.160 --> 00:06:24.920 Studios just bought a new studio building in New Jersey to do his videos. 80 00:06:25.199 --> 00:06:28.160 So there is a lot of money to be made. The world is changing. 81 00:06:28.240 --> 00:06:31.639 Things are changing, and these companies are adapting to It's a much more 82 00:06:31.800 --> 00:06:35.519 micro. I mean, you launched a podcast today, you know there's probably 83 00:06:35.560 --> 00:06:40.399 going to be advertising there. And whoever likes you and listens to your show, 84 00:06:40.800 --> 00:06:44.879 now they'll be served up ads that are specific to them based on you 85 00:06:44.879 --> 00:06:47.920 know, their listening profile, and thank you for plugging that. That's at 86 00:06:47.920 --> 00:06:57.839 Bill Handleshow podcast. And the advertisers are lining up right, Yeah, I'm 87 00:06:58.519 --> 00:07:01.600 I'm sure they are. Yeah, yeah, I wish by the way, 88 00:07:02.560 --> 00:07:08.120 in terms of KFI sending us any place, they will not pay for the 89 00:07:08.279 --> 00:07:15.240 gas to Pacoima when I do a when we do a remote broadcast. Just 90 00:07:15.240 --> 00:07:17.879 wanted to point that out. By the way, these major podcasters, you 91 00:07:18.040 --> 00:07:23.279 know, they're going business class and I would be very upset if there. 92 00:07:23.319 --> 00:07:28.600 If I were you Rich in Paris right now, Buddy, and he got 93 00:07:28.639 --> 00:07:31.079 on the plane. By the way, Rich, real quickly, are you 94 00:07:31.160 --> 00:07:35.879 going up the Eiffel Tower, up the on the Eiffel Tower. Yeah, 95 00:07:36.040 --> 00:07:41.199 the best view is from the Eiffel Tower No, the best view is if 96 00:07:41.240 --> 00:07:44.279 you want to see the Eiffel Tower in the view. You don't want to 97 00:07:44.319 --> 00:07:46.959 be on the or on top of the Eiffel Tower. I just want to 98 00:07:46.959 --> 00:07:49.839 bring that out. And it's very expensive, by the way, insanely expensive, 99 00:07:49.839 --> 00:07:54.720 and you're going to be in line forever. Just saying I just if 100 00:07:54.759 --> 00:07:57.160 I can do anything to ruin your stay, of course I will do that. 101 00:07:57.480 --> 00:08:03.199 Now talking about going to Pair or any place, getting on the plane 102 00:08:03.439 --> 00:08:07.959 and what I have done, I went from a paper boarding pass and I 103 00:08:07.959 --> 00:08:13.199 think it was just last year. I now use my iPhone where that's where 104 00:08:13.240 --> 00:08:18.680 you have. I think they have the QR code on it that the little 105 00:08:18.720 --> 00:08:22.600 reader looks at and now you don't need even that. What happened to you? 106 00:08:24.600 --> 00:08:26.920 Yeah, it's pretty wild. So I took a new airline called French 107 00:08:28.040 --> 00:08:31.720 B to Paris. They fly direct from Lax. That's what appealed to me. 108 00:08:31.799 --> 00:08:37.279 Also, the time I got in was very reasonable in the afternoon, 109 00:08:37.360 --> 00:08:39.399 which is nice, so that you have, you know, you just have 110 00:08:39.440 --> 00:08:43.320 to get through one night of jet lag. Anyway, Lax, by the 111 00:08:43.360 --> 00:08:46.759 way, that huge expansion they did with like the new terminal, it was 112 00:08:46.799 --> 00:08:50.519 about a twenty minute walk from the front and where I checked in to the 113 00:08:50.600 --> 00:08:54.159 actual gate, because I was the last gate of the entire new section. 114 00:08:54.399 --> 00:08:58.120 They warn you, they say it's a it's at least a fifteen minute walk, 115 00:08:58.120 --> 00:09:01.120 and I was doing it fast anyway. So you're familiar, like you 116 00:09:01.159 --> 00:09:05.559 said, with your phone as your boarding pass, because now you can add 117 00:09:05.600 --> 00:09:09.639 your boarding pass to your Apple wallet. But this actually took it up a 118 00:09:09.679 --> 00:09:13.919 notch. I had never seen this before. This was a new automated system 119 00:09:13.960 --> 00:09:18.159 for getting on the plane that uses facial recognition. So now how typically you 120 00:09:18.200 --> 00:09:24.080 get in line and someone scans your boarding pass on your phone or you actually 121 00:09:24.120 --> 00:09:28.480 just scan your phone on a little scanner. This is completely different. There's 122 00:09:28.759 --> 00:09:33.600 four or five little lanes that have these doors in front of them, like 123 00:09:33.639 --> 00:09:37.720 these glass doors, and then a camera with a display, and so you 124 00:09:37.759 --> 00:09:43.720 literally just walk up to this camera with the display, you put your face 125 00:09:43.759 --> 00:09:46.799 in front of it, and within a second it identifies you. If it's 126 00:09:46.840 --> 00:09:48.720 green, the door's open, you walk on the plane. You did not 127 00:09:48.879 --> 00:09:54.480 have to show a boarding pass. It's all using facial recognition and biometrics. 128 00:09:54.759 --> 00:09:58.600 Now, if it doesn't recognize you, it turns blue or red, and 129 00:09:58.639 --> 00:10:01.679 that way if that has happens to you, you got to walk over to 130 00:10:01.720 --> 00:10:05.240 the side and have someone manually scan your pass make sure it is who you 131 00:10:05.279 --> 00:10:07.960 say you are. But I thought this was pretty amazing because it's super super 132 00:10:09.039 --> 00:10:11.120 fast. You get it four or five people in at the same time it 133 00:10:11.120 --> 00:10:13.559 would take for one person to scan. Yeah, I'm going to put a 134 00:10:13.559 --> 00:10:18.600 wrench in that one. Okay. So you're zipping through there, and as 135 00:10:18.639 --> 00:10:24.519 you go onto the skyway, you still have one door and you're boarding one 136 00:10:24.919 --> 00:10:30.919 plane. And if you're not number one or number two or number ten in 137 00:10:31.000 --> 00:10:35.600 line, that's backed up and all the technology in the world is not going 138 00:10:35.639 --> 00:10:39.200 to help you get on the plane. Well, I like your positive outlook 139 00:10:39.240 --> 00:10:41.679 on things. Yes, you are right. I was early to board, 140 00:10:41.720 --> 00:10:45.399 so I did not see the huge line that typically, I agree what happens 141 00:10:45.399 --> 00:10:48.919 with most boarding processes. You finally get through the little door and the next 142 00:10:48.960 --> 00:10:52.559 thing you know, there's another line of all the people trying to get on 143 00:10:52.600 --> 00:10:54.840 the plane. Obviously, it depends on how fast people are putting stuff in 144 00:10:54.840 --> 00:10:58.440 the overhead compartment and stuff. But the bottom line is that if you are 145 00:10:58.480 --> 00:11:03.879 traveling through LAX at this point, it is very high tech and we're getting 146 00:11:03.879 --> 00:11:07.440 to the point where boarding passes, I mean, the paper boarding pass, 147 00:11:07.519 --> 00:11:11.519 as you know, is going out of fashion. But now even the digital 148 00:11:11.559 --> 00:11:16.120 boarding pass is almost out of fashion because most of the time they're asking you 149 00:11:16.159 --> 00:11:20.559 for your ID and they just scan that. But now they're just starting to 150 00:11:20.600 --> 00:11:24.639 scan your face. And at LAX they even have the TSA pre check, 151 00:11:26.039 --> 00:11:28.759 which uses your face instead of a boarding pass, and that's going to expand 152 00:11:28.960 --> 00:11:33.600 to a whole bunch of airports, you know, in the next couple of 153 00:11:33.679 --> 00:11:37.120 years. So the reality is all of this stuff is going digital, and 154 00:11:37.639 --> 00:11:43.320 it's even surpassing the smartphone. It's now just going completely biometric, which I 155 00:11:43.360 --> 00:11:46.720 know some people have a problem with with facial recognition TSA. They say that 156 00:11:46.759 --> 00:11:52.039 all of this data is deleted as soon as your flight takes off, and 157 00:11:52.200 --> 00:11:54.840 if you want to find a picture of me, you can absolutely find one 158 00:11:54.879 --> 00:12:00.879 online. Will people try to hack these systems? Probably sure. Yeah. 159 00:12:00.919 --> 00:12:03.919 For example, I'm gonna try to look like you and get on an airplane. 160 00:12:03.440 --> 00:12:07.960 In talking about LAX real quickly, which has a reputation of being the 161 00:12:07.159 --> 00:12:11.360 one of the worst airports in the world. I mean, it's that bad 162 00:12:11.720 --> 00:12:18.120 twenty minute walk and there weren't those walkways that you zip along you actually have 163 00:12:18.200 --> 00:12:22.440 to walk. No, it was actually quite impressed. They did have some 164 00:12:22.519 --> 00:12:24.919 of those walkways. Now they also had built up and downstairs. I mean 165 00:12:24.960 --> 00:12:28.279 it is I think what happened is and I didn't really maybe I missed the 166 00:12:28.320 --> 00:12:31.080 story on this, but you know, they had the Tom Bradley terminal, 167 00:12:31.240 --> 00:12:35.879 but then they built this new terminal which must be detached from it. And 168 00:12:35.919 --> 00:12:41.039 I think what you're doing is going underground. So you go down and then 169 00:12:41.360 --> 00:12:43.120 over and then up again. Yeah. No, I've been there. It's 170 00:12:43.519 --> 00:12:46.240 it's pin in the ass. It really is. Okay, and you are 171 00:12:46.240 --> 00:12:50.759 it's pretty big. Yeah, and it's uh anyway, just what else can 172 00:12:50.799 --> 00:12:54.240 I do to be negative your trip? The Eiffel Tower standing in line, 173 00:12:54.639 --> 00:13:01.279 the airplane. Okay, we're good today. We'll talk again. We'll say 174 00:13:01.279 --> 00:13:03.759 the food is good here Bill, the food is good. Well, then 175 00:13:03.399 --> 00:13:09.559 you're talking about the French food on the airplane. No here like in Paris, 176 00:13:09.600 --> 00:13:11.480 I've had a chance to have oh yeah, well yeah, the French 177 00:13:11.480 --> 00:13:18.679 are very serious about their food, and it is it is extraordinary. All 178 00:13:18.799 --> 00:13:22.519 right. One more thing, real question, by the way, one leader 179 00:13:22.559 --> 00:13:24.679 of Avion, Bill sixty two cents here. Just keep that in mind the 180 00:13:24.679 --> 00:13:28.960 next time you pay four bucks in the States. Okay, all right, 181 00:13:28.039 --> 00:13:33.279 I will like okay, oh, because I think I'm gonna go via Paris 182 00:13:33.320 --> 00:13:37.200 or London in October. I'm trying to remember, don't remember, all right, 183 00:13:37.519 --> 00:13:39.919 Rich, we'll talk again next Tuesday when you're back in town. I'm 184 00:13:39.919 --> 00:13:46.159 assuming yes, Okay. Now, Oh, here's a fun story I want 185 00:13:46.200 --> 00:13:48.720 to share with you. Well, not so much fun. If you own 186 00:13:48.759 --> 00:13:56.399 a single family dwelling. There is a fight a brewing between people who own 187 00:13:56.720 --> 00:14:03.759 home single family dwellings on single watts, people who would like to buy property 188 00:14:03.440 --> 00:14:11.000 at somewhat of a reasonable price, the state which wants more density because we 189 00:14:11.120 --> 00:14:18.080 need more housing because there isn't much good land out there unless you want to 190 00:14:18.120 --> 00:14:22.200 live out and for forefeit land and the inland empire way out there. And 191 00:14:22.360 --> 00:14:26.440 so what does the state do? Well, by law, here's what the 192 00:14:26.480 --> 00:14:33.320 state did. ADUs additional units on your property. And they have to say 193 00:14:33.399 --> 00:14:37.519 yes. The zoning board cannot say no. Building in safety cannot say no, 194 00:14:37.799 --> 00:14:43.399 you are able to build this extra unit on your property. And there 195 00:14:43.399 --> 00:14:46.840 are certain rules and regulations. Has to be a kitchen device, you know, 196 00:14:46.879 --> 00:14:50.919 a little kitchen at there has to be a bathroom and a few other 197 00:14:50.000 --> 00:14:54.960 regulations, but hey, they can't stop you from doing it, because now 198 00:14:54.000 --> 00:14:58.960 you have another unit. Used to be called granny flats because inevitably granny or 199 00:15:00.080 --> 00:15:03.159 mother in law or whatever would move into them. So that's number one. 200 00:15:05.039 --> 00:15:13.519 Now the big one is that zoning will let your neighbor sell or develop his 201 00:15:13.840 --> 00:15:20.720 or her lot and put multiple dwellings on the lot. Oh boys, So 202 00:15:20.879 --> 00:15:26.159 here you are. You spent buckets of money buying your property, and you 203 00:15:26.240 --> 00:15:30.720 have a single family dwelling and you have a nice neighborhood because your neighbor is 204 00:15:30.720 --> 00:15:33.720 next to you also a single family dwelling. And let's say you have a 205 00:15:33.720 --> 00:15:37.039 little bit of a yard or a lot of yard. And for example, 206 00:15:37.200 --> 00:15:43.320 I just bought a house in a gated community and because that's well, because 207 00:15:43.320 --> 00:15:48.200 I'm paranoid now, but they're single family homes and a lot is reasonably sized. 208 00:15:48.759 --> 00:15:52.879 And let me tell you, I don't want an apartment building next door. 209 00:15:54.600 --> 00:16:00.919 Who does, Neil? You live in an area which has wonderful homes, 210 00:16:00.960 --> 00:16:06.240 and you have apartment buildings down the street in an area where they didn't 211 00:16:06.279 --> 00:16:11.960 exist. All of the homes in my area are one hundred years old or 212 00:16:11.000 --> 00:16:17.240 more and are on R two or R three lots, And I will tell 213 00:16:17.320 --> 00:16:21.879 you there is not. They keep thinking they're making oh more housing. No, 214 00:16:22.080 --> 00:16:26.440 these things are going for a million dollars plus for these town homes, 215 00:16:26.080 --> 00:16:30.200 and they're putting people are tearing down these one hundred beautiful, one hundred year 216 00:16:30.240 --> 00:16:38.360 old craftsman style homes and putting up these cracker box, ugly square buildings. 217 00:16:38.440 --> 00:16:42.919 Why but it's din but modernized buildings. Yeah, and then say, but 218 00:16:44.120 --> 00:16:47.080 yeah, but they're going for who's going they? Okay, well, let 219 00:16:47.080 --> 00:16:52.320 me ask you this. How much does a single family dwelling go for? 220 00:16:52.799 --> 00:16:57.000 If it's a million dollars for one of four units, you want one unit 221 00:16:57.080 --> 00:17:00.919 on a lot, it has to be astronomical. I know that you bought 222 00:17:00.960 --> 00:17:06.119 your property and it's worth probably eighty percent more than when you bought it, 223 00:17:06.559 --> 00:17:11.039 If not one hundred percent more, Oh, it's well over one hundred it's 224 00:17:11.039 --> 00:17:15.319 more than doubled, maybe tripled. Okay, I mean it's because you have 225 00:17:15.319 --> 00:17:18.720 a single family dwelling, you've and quadrupled. Okay, Yeah, it's a 226 00:17:18.960 --> 00:17:22.440 it's a lovely home. It's old. I mean old, I mean really 227 00:17:22.480 --> 00:17:26.119 old. It's one and twelve years old. Well it's one hundred and twelve 228 00:17:26.200 --> 00:17:30.599 years old. Yeah, yeah, okay, yeah, I think this twelve 229 00:17:30.680 --> 00:17:34.000 yeah, was built in nineteen twelve. Okay, So let me do this. 230 00:17:34.839 --> 00:17:41.359 What are people doing? They go to the city and the planning Commission 231 00:17:41.440 --> 00:17:45.880 and the zoning people. Zoning people don't say no. They let the multiple 232 00:17:45.960 --> 00:17:52.079 dwellings go up, and they have to because you can't say no. So 233 00:17:52.119 --> 00:17:57.440 what they're doing is going to court because zoning is now allowed, and the 234 00:17:57.519 --> 00:18:03.240 developers really file those environmental impact studies. You don't know what traffic is going 235 00:18:03.319 --> 00:18:07.559 to be like. You don't know how busy and overcrowded the schools are going 236 00:18:07.640 --> 00:18:11.839 to be like in that area. The sewage system is not going to be 237 00:18:11.880 --> 00:18:15.640 overrun. So they go to court, and are they going to win? 238 00:18:15.759 --> 00:18:19.680 They share hope. So because on a governmental level not helping at all. 239 00:18:21.319 --> 00:18:25.400 If you're buying a single family home, I got to tell you I it 240 00:18:25.440 --> 00:18:29.640 was not cheap my home. It really wasn't that I built or that I 241 00:18:29.720 --> 00:18:33.680 bought. It's twelve years old. It has a decent sized lot. If 242 00:18:33.680 --> 00:18:37.200 they build apartments next to me. My property values are going to drop, 243 00:18:37.400 --> 00:18:41.720 drop, drop, and I'm not very happy about it. Now, if 244 00:18:41.720 --> 00:18:47.799 I were to buy a one of the units next door to my house, 245 00:18:47.880 --> 00:18:52.039 I'd go I'd argue the other way. Look at the argument. There's a 246 00:18:52.079 --> 00:18:56.799 good argument for one, there's a good argument for the opposite. And we 247 00:18:56.839 --> 00:19:00.160 don't know which way it's going to go. We don't we'll find out. 248 00:19:00.200 --> 00:19:04.640 Court cases are just starting now. I want to end the show with housing. 249 00:19:06.000 --> 00:19:10.000 I love talking about housing because I just bought a house and we talk 250 00:19:10.039 --> 00:19:11.519 about it, Neil and I. We just finished talking about it the last 251 00:19:11.519 --> 00:19:19.119 segment, and I'm going to connect the cost of housing with elevators. And 252 00:19:19.200 --> 00:19:23.759 I know you're sort of looking and let me explain something about the cost of 253 00:19:23.759 --> 00:19:30.039 housing. Now. This is multifamily dwellings clearly, although during the break, 254 00:19:30.440 --> 00:19:36.680 Michelle was saying in her neighborhood, town homes near her this project that was 255 00:19:36.759 --> 00:19:41.960 going up have elevators and this is not uncommon now, elevators in town homes 256 00:19:42.039 --> 00:19:48.680 or homes where they put the for example, the garage part of the house 257 00:19:48.839 --> 00:19:52.920 underneath the house, so you've got out of the garage first story, second 258 00:19:52.000 --> 00:19:56.960 story, and people are putting in elevators, and they're expensive, and I 259 00:19:57.079 --> 00:20:07.079 mean expensive. For example, in New York, an elevator, a four 260 00:20:07.119 --> 00:20:14.119 stop elevator, just four stops, which you have some residences have cost one 261 00:20:14.160 --> 00:20:18.960 hundred and fifty eight thousand dollars. That same elevator in Switzerland is thirty six 262 00:20:19.039 --> 00:20:25.799 thousand dollars. The costs are astronomical. And now why do I bring this 263 00:20:25.920 --> 00:20:30.519 up. Well, because you have multi family dwellings that they're selling individually, 264 00:20:30.000 --> 00:20:34.720 and the cost of elevators are so astronomical. Here in the States, it 265 00:20:34.759 --> 00:20:40.880 actually adds major costs to the housing project. And why is this Well, 266 00:20:41.480 --> 00:20:47.559 because the regulations are the city. You've got local regulations, you've got local 267 00:20:47.559 --> 00:20:52.839 inspectors. In Europe, it is all one law that controls the elevator's company, 268 00:20:52.960 --> 00:20:56.599 the elevators that are being put in. Also, when I built a 269 00:20:56.599 --> 00:21:03.240 Persian palace, I put in an elevator and I it was ridiculous. Would 270 00:21:03.240 --> 00:21:07.039 I do it again? I don't think so. I once ran into an 271 00:21:07.079 --> 00:21:11.400 elevator guy. They were repairing an elevator here in the building. And do 272 00:21:11.440 --> 00:21:17.359 you have any idea what elevator people make? It's probably the best union on 273 00:21:17.640 --> 00:21:23.359 the planet. Thirty years ago. It was sixty five seventy dollars an hour, 274 00:21:23.960 --> 00:21:29.920 is what these guys got. They don't do that in Europe. The 275 00:21:30.039 --> 00:21:36.519 unions aren't that strong in Europe. Elevator costs are so astronomical. You know. 276 00:21:36.599 --> 00:21:37.599 I, well, I'd like to go through it. Maybe I'll have 277 00:21:37.680 --> 00:21:42.519 to do this on Monday, because there's a bunch of history to this. 278 00:21:44.400 --> 00:21:51.279 Elevator was invented here in the United States. Elijah Otis invented the elevator. 279 00:21:51.839 --> 00:21:55.799 You've heard of the Otis Elevator Company. It's one of the most famous elevator 280 00:21:55.839 --> 00:22:02.440 companies eighteen fifty two. It's one hundred and seventy five years old and it's 281 00:22:02.480 --> 00:22:08.200 still in operation. And he became very wealthy. And it used to be 282 00:22:10.240 --> 00:22:15.799 that in a three four five story residence, the most expensive units were at 283 00:22:15.799 --> 00:22:21.720 the bottom because you didn't have to walk up the stairs. That completely reversed. 284 00:22:21.720 --> 00:22:26.240 What do you think you pay for for a unit that's on top of 285 00:22:26.240 --> 00:22:30.759 the building that is completely reversed. So I'm going to get into it more 286 00:22:30.839 --> 00:22:36.440 because there's history here and I don't have time, and I want to call. 287 00:22:36.480 --> 00:22:38.279 I'll do this on Monday because there's a world to this. I just 288 00:22:38.319 --> 00:22:41.680 don't have time to do it. Hey gry yeah, real quickly. You 289 00:22:41.759 --> 00:22:48.559 keep saying Bill Handle Show podcast website. It is the you have to put 290 00:22:48.680 --> 00:22:55.680 the Oh okay, Bill Handleshow podcast dot com, The Bill Handle Show. 291 00:22:55.759 --> 00:22:59.279 Thank you for that. Thank you? Okay, so thanks to Nick who 292 00:22:59.359 --> 00:23:03.359 was uh pointing that as what well, I thank you for that because people 293 00:23:03.400 --> 00:23:07.400 wouldn't get it, and frankly I forgot it. So podcast drops in just 294 00:23:07.440 --> 00:23:14.680 a few moments. My first one, the bill the build it can I 295 00:23:14.680 --> 00:23:22.519 I mispronounced my own name. The Bill Handle Show podcast dot com. I 296 00:23:22.599 --> 00:23:27.759 actually get paid for talking on the radio. It's a frightening concept. The 297 00:23:29.359 --> 00:23:36.720 Bill Handle Show Podcasts dot com. All right, we started again tomorrow right 298 00:23:36.720 --> 00:23:42.079 here Amy Amy at five o'clock with wake up call Amy, Yeah a m 299 00:23:42.240 --> 00:23:48.640 y okay, uh walk up heel yeah, every morning starting at five am, 300 00:23:48.799 --> 00:23:56.680 and then and then Nell and I come aboard at six o'clock. Kf 301 00:23:56.759 --> 00:24:03.359 I AM six forty The Bill Handle Show podcast dot Com KFI AM six forty 302 00:24:03.400 --> 00:24:07.599 live everywhere on the iHeartRadio app. You've been listening to The Bill Handle Show 303 00:24:07.680 --> 00:24:11.359 Catch my show Monday through Friday, six am to nine AM and anytime on 304 00:24:11.519 --> 00:24:14.519 demand on the iHeartRadio app.