July 8, 2026 • 32 mins
How Much Do You Pay In Rent Now? WSJ Says No Shame In Millennials Lou Says Its Right For Women And Wrong For Men USPS Stamps Go Up Again And Postcard
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Speaker 1 (00:00):
Lou Penroe on news Radio six hundred COVO. We are
live in San Diego. Thank you for tuning in. Good
to have you along with this Happy Wednesday. Vacancies are
up in San Diego.
Speaker 2 (00:15):
The vacancy rate in San Diego just hit a record
high six point one percent. An experts say one of
the contributing factors is new complexes being built.
Speaker 1 (00:26):
Yeah, you see it all over the county. New complex
is being built. They're building three story, four story, five
story apartment buildings and I love it.
Speaker 3 (00:35):
Six point one percent vacancy. That's high vacancy. The previous
record was.
Speaker 1 (00:41):
Five point seven percent vacancy. That was set in two
thousand and nine during the Obama years. That was during
the big recession. So that's advantaged in for the renter.
That that's bad for the landlord or the building owner,
but that's good for the renter. And conditions are never
(01:04):
going to be perfect for both, and it'll take time.
Right Eventually they'll stop issuing building permits because there'll be
so many vacancies and there'll be no apartment buildings being built,
and everybody will enjoy a discounted rent or not this
kind of rent will enjoy lower rent or more affordable rent,
(01:27):
and then it'll just ebb and flow, and then the
rents will rise again and rents will get expensive and
they'll say, all right, well we need to add more supply,
and then they'll start building apartment buildings again.
Speaker 3 (01:39):
So this is a pendulum.
Speaker 1 (01:41):
And right now, this is good for those who write
a check to the landlord every month.
Speaker 3 (01:48):
But yeah, six point six point one, that's.
Speaker 1 (01:52):
Hime's that that should bring down rents pretty quickly.
Speaker 3 (01:58):
But the rents have haven't come down.
Speaker 4 (02:00):
Yet, and so far the added inventory hasn't translated into
lower rents.
Speaker 3 (02:05):
So it's got to translate. Has to. There's no other
way around it. Trust me when I tell you.
Speaker 1 (02:09):
Before I became your favorite afternoon talk show host in
San Diego, I was the CEO of something called the
Apartment Association. So it's a lobbying organization for the people
that own the building.
Speaker 3 (02:26):
And I know this business very well.
Speaker 1 (02:29):
And when you have vacancies, it's not long to you'll
see the big banners go up. Move in today, first
month free. And that's already. What we're beginning to.
Speaker 4 (02:41):
See ypside for renters is that many property owners are
now offering incentates to fill units like a month free
rent and free parking spaces, among others.
Speaker 3 (02:50):
Oh, free parking, how about that? You need that.
Speaker 1 (02:53):
Free parking is good. A month free rent is good.
Sometimes you'll see signs that say.
Speaker 3 (02:59):
Two months free. That's really good. It's like five grand.
Speaker 1 (03:06):
And that's not a gift, so that's not taxable income.
Speaker 3 (03:10):
That's just good times for you. So this is good.
This is really good.
Speaker 1 (03:14):
And I'm happy that the marketplace works and I'm happy
that people get to see it because for far too long,
and you know, renters felt like they were being taken
advantage of because rents were going up, and that gave
rise to tenant rights organizations, which are terrible organizations for renters.
Speaker 3 (03:35):
It sounds really good. The tenants rights crowd.
Speaker 1 (03:38):
They want to make conditions horrible for landlords and the
owners of buildings because they think that the mean landlord
raises the rent just to enrichment himself, and that's just
not true. They are very foolish, uneducated people, but they
make tenants think that they're on your side when they
actually cause your rents to go up by pushing things
(03:59):
like rent control and you know, no fault addiction or
eviction laws, and that's terrible. You want to have an evening,
even playing field. You want to have a private contract
with your landlord. You don't want tenants rights groups involved,
and you don't want the government involved, because both will
(04:19):
be bad for you. The landlord's already good, he owns
the building, so you don't need these tenant rights groups.
But when rents get really high and the pendulum doesn't
swing back towards advantage to the guy writing the rent check,
it creates conditions where these tenants rights groups can can flourish.
(04:40):
So now the rents will go down, the tenants rights
groups will go away, and they'll go save the.
Speaker 3 (04:46):
Turtles or save the whales, or do whatever they do.
We can get back to doing business.
Speaker 5 (04:50):
Last year we had about a twenty five year high
of fifty six hundred units open. This year, we're on
pace for about six thousand units to open. We've already
had about four thousand than through the first half.
Speaker 3 (05:00):
Of the year.
Speaker 1 (05:01):
Oh wow, four thousand units open, six thousand by the
end of the year. That's lots of new apartment space.
And that's just really good news.
Speaker 3 (05:11):
So hoorray.
Speaker 1 (05:12):
The rents haven't come down yet, but they'll start too,
There's no question about it. And that's okay. It is
what it is for you, mom and pop landlords. It's
gonna be fine because better you have that apartment filled
with somebody paying nineteen one hundred dollars a month than
sitting empty for twenty two hundred dollars a month. And
(05:34):
if you can afford to pay twenty two hundred dollars
a month, but it's going for nineteen hundred dollars a month,
you just got a three hundred dollars a month raise.
Speaker 3 (05:42):
So this is all very good. I'm all very happy
about it.
Speaker 1 (05:46):
Hey, do you know how Arnold Schwarzenegger became financially independent?
Before he was a movie star, he was making decent
money being you.
Speaker 3 (06:00):
Know, an athlete, right, being a bodybuilder.
Speaker 1 (06:03):
He would do shows and you get you know, appearance fees.
But you get a fly all around the world and
you know, get that much money, like Joey Chestnutt gets
money by flying all around the United States and promoting
Nathan's hot dogs. But you know, that can get old.
And in the early days, Schwarzenegger didn't make any money.
(06:23):
I think he made like three thousand dollars total. For Conan,
mister Finnerty was like a really small amount of money.
Speaker 3 (06:31):
Well, you know, he's breaking into the business. He had
break it into the business. I didn't have to say
him anything.
Speaker 1 (06:35):
He wanted to be on on the silver screen, so
he's willing to take anything. But in those early films,
he didn't make a whole lot of money. But he
did have financial security because when he was in the
early days of being mister Universe, as I said he would,
you would go to appearances and give speeches and sometimes
promote protein powder, and you make a little scratch.
Speaker 3 (06:57):
Here and there. But he had a mentor a little
old lady.
Speaker 6 (07:04):
I did not have a blazer to go out with
the age of twenty four or twenty five, I had nothing.
I was just training and working and training and working
and training and working and going to school getting my degree,
my business degree. And every time I made some money,
I took the money and they stuffed them into my boots,
so I didn't want to go sleep and have someone
(07:25):
steal my money. Then I took them home and then
they put them in the bank until I had twenty
seven and a half thousand dollars, and then I put
down money for a six unit apartment building.
Speaker 3 (07:38):
How about that?
Speaker 1 (07:39):
Just hoarding cash and working and training and training and
working and going to school and saved up twenty sixty
five as a down payment.
Speaker 3 (07:49):
Six unit building.
Speaker 1 (07:50):
What was this probably nineteen seventy four. Yeah, maybe six
unit building in Santa Monica. You probably get away with
with a down of twenty six dollars.
Speaker 3 (08:00):
Wow, time to change.
Speaker 6 (08:02):
There was a real estate woman but the name of Olga.
She was from Lebanon, and she was Danny Divito's height.
And she said to me, she says, anard, listen to me,
you need income property. I find you a six unit
apartment building that has an owner's unit in front, and
(08:26):
you're gonna stay there in his owner's unit.
Speaker 3 (08:30):
Talk about that. That's a good piece of property right there.
Speaker 1 (08:32):
So you have an owner's unit in front, and behind
you have six units. So that's a seven units total
down payment twenty six five in the early seventies. So
he was already going to be very financially secure before
he read one movie script in his early twenties, that
(08:54):
amazing story. All right, when we come back, Speaking of
where everyone's gonna live, The Wall Street Journal had an
article out that said that for millennials, it's not embarrassing
anymore to move back in with the parents. They're even
bragging about it. And I think this is good and
bad and I'll explain why that's coming up next.
Speaker 3 (09:20):
Corey Team Lou.
Speaker 1 (09:22):
Penrose on News Radio six hundred Cogo Always good to
have you along on a Wednesday.
Speaker 7 (09:29):
I believe one of the major reasons there is a
lot of vacancy in the San Diego County area is
due to the fact that thousands of illegal immigrants have
been arrested and deported by ICE this past months.
Speaker 3 (09:41):
Well, that's certainly a factor. There's no question that that.
Speaker 1 (09:44):
Is going to have an impact, and ICE is going
to step up efforts and a lot of people have
self deported.
Speaker 3 (09:52):
And people have left San Diego and moved.
Speaker 1 (09:55):
I know people that have, but I'm sure people moved
to San Diego, so that that's hard to measure, because
you know, we don't know how many legals we're here
to start with. We just know how many were apprehended.
And they're not apprehending the amount of illegals out of
San Diego like they are in some of these other states.
Speaker 3 (10:14):
California is going to require a much bigger effort.
Speaker 1 (10:17):
And I think that Trump has a timeline for that,
because as you can imagine, when I starts cleaning out
San Diego and all of California, there's going to be
a big hoopla about it, and you know, so that
that requires a special effort. But the building of buildings
also creates vacancies. And we can see and measure the
amount of units that are being built.
Speaker 3 (10:39):
In San Diego apartment units.
Speaker 1 (10:41):
So look, they both work, but vacancies are good for renters.
It brings the rent prices down, so advantage in for
the renters.
Speaker 8 (10:53):
Blue this Brian from Taake. You look, I have a solution.
Lower the rents. It's really not that hard to figure out.
Some of the numbers that are being thrown at people
are just ridiculous. Three four thousand dollars a month to
rent an apartment one bedroom in some places, it's nonsense.
Let's give people a chance lower the rents.
Speaker 5 (11:11):
That is all.
Speaker 1 (11:11):
Thanks, all right, that is all. I appreciate the call,
very sweet of you. That can't be done. And let
me explain to you why, because we have statewide rent control.
Because these idiots in these tenants rights groups thought they
were doing a good thing by imposing rent control. These
landlords are mean and they're not letting people get ahead,
and they're just being greedy and they're charging three thousand
(11:34):
dollars a month in rent.
Speaker 3 (11:35):
Come on, well, what do you want to do?
Speaker 1 (11:38):
Well, we have that rent control and they got rent
control through. So now here's what happens.
Speaker 3 (11:44):
Let's say.
Speaker 1 (11:46):
You want to do that and you get somebody that
owns a building and he lowers the rent, you know,
to be kind, I guess, And now he goes to
sell the building and the buyer building says, oh, wow,
this is a beautiful building. You've taken really good care
of it. Yeah, you know, just a small operation. I'm
(12:07):
not Black Zone, I'm at the Irvine Company. I'm not
Snyder Properties. I'm just just a guy. My wife and
I and we just kept good care of it. But
we're retiring now, so I want to sell the building. Okay,
Well what's the cash flow? Got to know that, Oh,
the cash flow is not that good. Because Brian and
Temecula told me that I should lower the rents from
(12:27):
three thousand dollars a month to two thousand dollars a
month to give people a chance. And the new buyer says, well,
that's very sweet of you, but I don't plan on
being a schmuck.
Speaker 3 (12:40):
I'm going to charge market rate for the rents.
Speaker 1 (12:43):
And guess what he can't because he can only raise
the rent whatever rank control is, if it's five percent
a year or three percent plus CPI or whatever Cocka
made me formula that these tenants rights people came up with.
So now you can't raise the rent to be able
to break even. So it forces people to have to
(13:05):
raise the rent every year to the maximum amount. It
forces the owner to raise the rent every year to
the maximum allowable amount under the law to make sure
that their property is full valued when they go to
sell it.
Speaker 3 (13:19):
Otherwise you're sitting no one's gonna buy it.
Speaker 1 (13:23):
Let's say, let's say a fair market value for the
apartment is three thousand dollars, but I rent it for
two thousand dollars because I'm a kind heart. And the
new owner buys it, he can only raise it, let's
say five percent. So what is that one hundred and fifty.
Speaker 3 (13:38):
Dollars a month?
Speaker 1 (13:39):
So now it's set a two thousand, it's a twenty
one to fifty, still not three thousand.
Speaker 3 (13:44):
Dollars. He's got to wait ten years and he's.
Speaker 1 (13:46):
Still not going to get there, and the market value
is going to go up every year too, so the
property becomes a dog. And you don't want that to
happen because your property is your investment, it's your retirement plan,
it's your property.
Speaker 3 (14:00):
So you'd be an idiot to not raise the rent
under rent control.
Speaker 1 (14:04):
You'd be an idiot not to raise the rent to
the maximum allowable amount under the law every single year.
And the people are that get hurt are the tenants
because now they get they gotta move and go rent
a crappier apartment. So that's why I'm always so opposed
to rent control. Rent control is like free love. It
(14:25):
sounds great, it doesn't work, and in the end, all
you're left with is a social disease. Eight hundred, six
hundred cogo eight hundred, six hundred and five six four six.
Speaker 3 (14:38):
And if you're listening live, you can join us on
the iHeartRadio app.
Speaker 1 (14:40):
All right, So for millennials, Wall Street Journal, for millennials,
they say, now it's not embarrassing anymore to move back
in with your folks. Millennials are moving back in with
their parents for affordability reasons. But they're bragging about it,
they're not hiding it, they don't feel ashamed. And as always,
(15:02):
like I say, the content is in the comments. Listen
to some of these comments headline millennials is not embarrassed
anymore to move back in with parents.
Speaker 3 (15:13):
Here's comment number one.
Speaker 1 (15:14):
In other words, let's redefine failure as financial savvy.
Speaker 3 (15:19):
Oh, here's a good one.
Speaker 1 (15:20):
I encourage my daughter to move home while she's working
on her master's degree instead of paying eleven hundred dollars
in rent and utilities to save it for a future house.
The goal was to help our children get ahead. And
if it's a stabilizing at home for a few years,
so let it be. Life is hard enough. Why don't
we have Why do we have to make their lives harder?
Here's a good one, mister finnerdy. Hi, my name is George.
(15:43):
I'm unemployed and live with my parents.
Speaker 3 (15:48):
Is that supposed to like? Is that a just resume
or something?
Speaker 1 (15:52):
There's a that's a line out of the famous Seinfeld
episode The Opposite, where George would go up to women
and say the opposite of what he would normally say.
Speaker 3 (16:04):
And it didn't work. Out too. If I recall it
started to then it collapsed. Hi, my name is George
of unemployed and live with my parents. Yep, that's the
millennials moving back in at home.
Speaker 1 (16:14):
Here's one people pretending they're smart because they can't keep up.
Living with your parents and saving your salary and paying
for your own stuff isn't mooching. It's funny how people
assume that those who live with their parents.
Speaker 3 (16:24):
As adults are muchers.
Speaker 1 (16:27):
So you move back with your parents, rent free and
put all the financial burden onto them.
Speaker 3 (16:32):
What an adult you are. Oh, that's pretty snarky. I
guess I'm old school.
Speaker 1 (16:37):
Once you're eighteen and out of college, you go out
on your own and crush it without the help of
your parents.
Speaker 3 (16:42):
So I have a thought on this.
Speaker 1 (16:44):
I think this idea is smart for women and shameful
for men.
Speaker 3 (16:54):
I knew you were going to say that, and I'll
explain why. Let me get back.
Speaker 1 (17:01):
Lou Penrose on news Radio six hundred Cogo and live
on the iHeartRadio.
Speaker 9 (17:06):
I on the eighth eastbound right at La Mesa Boulevard,
get a crash making its way to the shoulder of
bed on ramp.
Speaker 3 (17:13):
Your eight east Ocean Beach to.
Speaker 9 (17:15):
Alcoholone gonna take you about thirty nine minutes on the
ATO five South at Alcohol, We've got a stall. It's
going to be in the second lane from your left.
You're aight O five sounds still a crawl all the
way from here Meson Boulevard overall aight O five southbounds
Rental Valady to La Vista. It's going to take you
fifty three minutes now. I'm Jenny Harmon Coco's next real
time traffic update at four thirty two.
Speaker 1 (17:36):
If you are a home in San Diego and are
even thinking about selling, listen up, hey, it's lou Penrose.
Before you spend thousands fixing it up, hiring contractors, listening
with an agent, and dealing with months of showings, there
is another option.
Speaker 3 (17:49):
My friends at I buy SD dot com. I buy
SD dot com.
Speaker 1 (17:54):
They've been buying homes right here in San Diego for
over fourteen years.
Speaker 3 (17:57):
Here is how it works. You sell your home as is.
Speaker 1 (18:01):
That means no repairs, no cleaning, no open houses. You
get a fair no obligation cash offer, and you choose
your own closing date.
Speaker 3 (18:09):
That means they can close in days, not weeks and months.
Speaker 1 (18:12):
If that's your timeline, no commissions, no surprises, no stress.
And if the situation is complicated tenants involved major repairs,
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to I buy sd dot com and see what they
can offer you. Use my name Louke Penrose. Tell them
(18:34):
I told you to call that I buy sd dot Com.
Speaker 3 (18:38):
Identity SATs can cost more than you all.
Speaker 1 (18:39):
Right, we're talking about this story in the Wall Street
Journal that millennials are moving back in with their parents
to save money because they can't cut it in the
real world and pay for their own run. But that
used to be an embarrassing thing, and now it's not
embarrassing anymore, and they're even bragging about it. A big
story on it in the Wall Street Journal. But the
comments are hilarious. They go back and forth. When I
(19:04):
was in my twenties, women did not want to know
any mama's boys who still lived at home with their folks.
Speaker 3 (19:11):
When I would call a girl and.
Speaker 1 (19:14):
Tell a girl that I was living at home, her
response was call me after you find a place of
your own.
Speaker 3 (19:21):
There's another.
Speaker 1 (19:21):
I'd rather my girls moved back home than boyfriend hop
like my friends did in college. These people must not
have boomer parents, because I'd sleep in my car before
I moved home again.
Speaker 3 (19:32):
My childhood was enough. That's hilarious. Let's see here.
Speaker 1 (19:39):
This could contribute to the emotional well being of the
parents that sometimes feel lonely. You should ask why, Oh,
you should ask what is their family background? Most have
relatively successful gen X parents with a nice house and
probably a huge backyard of the pool. Also, most are
empty nesters with two kids or fewer. Two kids are more,
so why not move back as a parent? I'm happy
(20:01):
as long as their mutual respect and enough separation for
a healthy relationship.
Speaker 3 (20:06):
And here's my favorite. This is still failure.
Speaker 1 (20:09):
So adults moving back in with the parents. Okay, so
a split decision. And I'll explain for me, and that
is this is a very smart move for a woman
who is a young adult. It is the safest place
for her. It is a good time to work on
her number one job in life, which is finding her
(20:32):
life partner. If she wants a life partner, if she
wants to be single, whole, whole life, then it doesn't
really matter, right, But if a young most women do
want to find a life partner, and the best place
to find your life partner is doing so while you're
living in your parents' house. Because you go home to
(20:53):
your parents house, there's no chance of letting the boyfriend
move in. There's no chance of living with the boyfriend.
You have more time and money to finance your number
one job, and your number one job as a young
woman who wants to find a life partner, your number
one job is to work on that.
Speaker 3 (21:14):
That means you've got to look your best. You've got
to present well.
Speaker 1 (21:18):
Right, You've got to you've got to be somebody that
somebody would want to know. And you can't get to
know somebody until they find you attractive in the first place.
So you need money to have good clothes. You need
money for the beauty parlor, you need money for the salon,
for the nails, for the hair, and you need time
(21:39):
to keep yourself in shape. And you need some money
so that you're not in debt, because no one's going
to marry a girl in debt. So it's a very
wise choice for a young woman to move back in
with her parents. If she wants to and the parents
want you to, you can still live on your own,
(21:59):
but you should.
Speaker 3 (22:00):
Certainly be living with girlfriends.
Speaker 1 (22:04):
But I think that with respect to the embarrassing and
the shame, no more. There should never be embarrassment or
shame for a young woman living with her parents.
Speaker 3 (22:16):
Never.
Speaker 1 (22:19):
Now the other side of the coin, it is shameful
for an adult man to be living with his parents.
It is completely shameful. You should be embarrassed, you should
be humiliated. What's that one comment the guy that said, yeah,
he did that and he met a girl and she
said call me after you find a place of your own. Right,
(22:40):
you should be mocked for living with your parents as
a grown ass man. That does not communicate strength, That
does not communicate success, that does not communicate financial independence,
that does not communicate financial stability.
Speaker 3 (22:53):
And those are the signals that women are looking for
in a man. And if you're living with your.
Speaker 1 (23:01):
Parents, you must be some kind of a loser. Why
can't you live on your own now? You don't have
to live luxuriously. You should live within your means. Your
rent should be no more than thirty percent of your pay,
and you should have a bachelor pad but you should
have your own place. Your mother should not be doing
your laundry as a grown ass man not attractive.
Speaker 3 (23:25):
Now I know what you're thinking, lou What a double standard?
What a sexist thing to say?
Speaker 1 (23:34):
Yes, I am actively discriminating based on sex.
Speaker 3 (23:40):
It is absolutely sexist. Just because it's sexist doesn't mean
it's bad.
Speaker 1 (23:48):
Right, the girls' locker room and men's locker room is sexist.
Speaker 3 (23:55):
So it's okay to have two sets of rules.
Speaker 1 (23:58):
One for men and one for women, because the goal
of all the rules is to.
Speaker 3 (24:03):
Make the conditions better for the individual.
Speaker 1 (24:06):
The rules for women are women are not benefited by
the men's rules, and men are not benefited at all
by the women's rules, so.
Speaker 3 (24:15):
They have to be two separate sets of rules.
Speaker 1 (24:18):
You may very well call that sexist if you want,
but it makes all the sense in the world. I mean,
is there anybody that disagrees with me that women, young
women are looking at men and determining in their head
are they financially stable, are they financiallyly capable?
Speaker 3 (24:39):
Will they keep me?
Speaker 1 (24:41):
You know, in a lifestyle that I have become accustomed
or that I desire to be accustomed to to which
I'm accustomed whatever.
Speaker 3 (24:53):
Of course they I mean, of course they're looking for
that and the other way. You know, if you're a
guy and you're looking in data girl, is she in
her ho phase?
Speaker 1 (25:04):
Or you know, am I you know, dealing with somebody
that's not a used typewriter here? So you know, a
girl that's living with her parents communicates a sense of
cleanliness to a would be suitor like nothing else can.
Speaker 3 (25:21):
Oh, her dad lives in that house too, that's a
good sign right. So these are all very good signals.
Speaker 1 (25:28):
And when you are young, you're giving off signals all
the time, and you've got to guard well the signals
that you give off because some of the then you
do them subconsciously. So I thought, this is a very
interesting article in the Wall Street Journal that no one's embarrassed,
and I thought, well, half should be embarrassed. The men
should certainly be embarrassed. Now, something goes wrong, I have
(25:50):
three sons, right, so let me give you the plan.
Something goes wrong, get fired from your job, wasn't fair
or made a critical error and learned your lesson, but
got fired. Now you're down and out, you know, can't
make the rent? Can I move back in Okay, I
come on over, pack your stuff and go back into
(26:14):
your bedroom. We're get into the guest room, and I
will give you ninety days.
Speaker 3 (26:18):
No rent.
Speaker 1 (26:18):
I don't want your rent, no money. You just eat
out of the kitchen, use the laundry machine. But you
have ninety days, and that includes this weekend. You can
come over, you know, tell me the story on Friday,
drink your sorrows on Saturday, wake up on Sunday with
(26:39):
a hangover, and then on Monday morning hit the bricks.
Speaker 3 (26:42):
Because you have ninety days, and the clock starts now.
Because if you're not paying room.
Speaker 1 (26:49):
And board, you ought to be saving a pilot hash
in ninety days.
Speaker 3 (26:55):
So that's what I would offer. But that's it. Otherwise, No,
you're in a man.
Speaker 1 (27:00):
You need to earn enough to house yourself every day
that you're an adult man until the end of your life.
Otherwise you're not an adult. But if it was a daughter,
it would be a very very different answer. So that's
(27:21):
where I fall on this one.
Speaker 3 (27:23):
What say you? Loup Penro on news.
Speaker 1 (27:26):
Radio six hundred at co Goo coming up following the
news at five, It's official, way MO is coming to
San Diego. You're gonna be drive driven around by a robot,
and it's gonna be super cool.
Speaker 3 (27:40):
I've been waiting for this.
Speaker 1 (27:41):
I've watched them test market here in San Diego and
basically have the cars learn. I think this is the future.
I think the future is going to be grand. I
think if you're an uber or lyft driver, you're probably
gonna be a little concerned. And Uber and lyft drivers
are pushing back a little bit, and I get that.
That's like the taxis pushed back on Uber Lyft, like
(28:05):
the blacksmith who shoed the horses pushback on Henry Ford.
So there's gonna be natural pushback, but it's not gonna
hold it back. I think it's gonna revolutionize quality of life.
I think it's gonna happen really quickly. I think it's
gonna happen in my lifetime. I love taking ride shares.
I use it all the time. It makes drinking so
(28:26):
much easier because you never have to drink and drive ever,
and it's been wonderful for my teenage boys. I can
uber people home that I suspect have been drinking, or
send an uber for my son so I.
Speaker 3 (28:40):
Don't have to go get them I just I love it.
Speaker 1 (28:42):
I love the ride share model, and now that it
will be completely automated means that it will just get
even better because it'll be twenty four to seven.
Speaker 3 (28:51):
Right, Robots never get tired.
Speaker 1 (28:53):
So we'll talk about it coming up following the news
at five o'clock Blue.
Speaker 5 (28:56):
The day I'd moved out was the day my mother
converted my bedroom into her personal working space.
Speaker 1 (29:04):
That's right, because you're a grown ass man and you
move out of your parents' house when you become a man.
But as far as young ladies, if they want to
move back into their parents' house to save money, I
have absolutely no problem with it. There's no shame in
that game. In fact, I think it's a wise move.
Speaking of moms, there's a hilarious social media trend.
Speaker 3 (29:28):
I think this guy is out of San Diego.
Speaker 1 (29:33):
It's called Mexican Moms, and they he has Mexican moms,
a group of Mexican moms trying McDonald's, trying pizza Hut trying. Uh,
this is a Mexican mom's trying school lunches.
Speaker 3 (29:46):
Here in San Diego. Mexican moms try school lunch.
Speaker 6 (29:49):
Permles faltent.
Speaker 1 (29:55):
Because no sabi. She said it's undercooked, crude. I heard
that the school lunch was undercooked. Wow, that's I mean,
I think that's good review.
Speaker 3 (30:10):
Right there. Here's Mexican moms trying pizza hut.
Speaker 7 (30:14):
I mean silipones, chili jalapeno.
Speaker 3 (30:22):
Yeah, it's only good. She took the pizza.
Speaker 1 (30:24):
I said it was not good, but took the pizza
crust because it was so doughey and opened it up
and added a jalopeno and said, and then that was good.
Speaker 3 (30:36):
Okay. Here's Mexican mom's. Oh hey, they're trying chicken McNuggets
McDonald's chicken nuggets.
Speaker 7 (30:44):
Jana Magustan has two chicken nuggets.
Speaker 1 (30:51):
Oh boy, so it doesn't look or taste like chicken.
Speaker 3 (30:57):
She doesn't like it. This is so good. I love this.
I I hope they have them do it all.
Speaker 1 (31:05):
And you don't need to know many Spanish words to
know what the Mexican mom is saying.
Speaker 3 (31:12):
Oh, here's a good one.
Speaker 1 (31:12):
Is a Mexican mom trying salsa verde out of a jar.
Speaker 3 (31:18):
From a supermarket.
Speaker 2 (31:21):
Martiain not trumpet compenos having pecky.
Speaker 7 (31:30):
Mala.
Speaker 3 (31:31):
Oh that's bad, that's not good at all. This is
what she said there. Uh, she was being tricked, was
what she said. It says there's tapatio in it, but
there's absolutely no tapatia.
Speaker 1 (31:43):
I think that's what she sa. I'm trying to pick
it up here on the flyin.
Speaker 8 (31:46):
No trumpet compos having pecky.
Speaker 5 (31:52):
Being mala.
Speaker 3 (31:54):
That's rough. That's right, you're a Mexican mom.
Speaker 1 (31:57):
She knew food and a lot of the stuff is
not food, even so called Mexican food in a jar.
Speaker 3 (32:05):
All right. So Waimo is finally coming to San Diego.
Speaker 1 (32:09):
A lot of people, including yours, truly say it's about time,
but many people are very concerned about trusting a machine.
Speaker 3 (32:16):
It is a weird feeling.
Speaker 1 (32:17):
I've never been in a weemo, but I've had people
literally FaceTime me while in a weemo in Arizona and said,
it's just the weirdest feeling until you get over it,
and then it's just becomes absolutely delightful. So will you
get in aweimo and are you happy about it? Or
do you think this is a disaster waiting to happen.
Speaker 3 (32:38):
On the street to San Diego,
Lou Penroe on news Radio six hundred COVO. We are
live in San Diego. Thank you for tuning in. Good
to have you along with this Happy Wednesday. Vacancies are
up in San Diego.
Speaker 2 (00:15):
The vacancy rate in San Diego just hit a record
high six point one percent. An experts say one of
the contributing factors is new complexes being built.
Speaker 1 (00:26):
Yeah, you see it all over the county. New complex
is being built. They're building three story, four story, five
story apartment buildings and I love it.
Speaker 3 (00:35):
Six point one percent vacancy. That's high vacancy. The previous
record was.
Speaker 1 (00:41):
Five point seven percent vacancy. That was set in two
thousand and nine during the Obama years. That was during
the big recession. So that's advantaged in for the renter.
That that's bad for the landlord or the building owner,
but that's good for the renter. And conditions are never
(01:04):
going to be perfect for both, and it'll take time.
Right Eventually they'll stop issuing building permits because there'll be
so many vacancies and there'll be no apartment buildings being built,
and everybody will enjoy a discounted rent or not this
kind of rent will enjoy lower rent or more affordable rent,
(01:27):
and then it'll just ebb and flow, and then the
rents will rise again and rents will get expensive and
they'll say, all right, well we need to add more supply,
and then they'll start building apartment buildings again.
Speaker 3 (01:39):
So this is a pendulum.
Speaker 1 (01:41):
And right now, this is good for those who write
a check to the landlord every month.
Speaker 3 (01:48):
But yeah, six point six point one, that's.
Speaker 1 (01:52):
Hime's that that should bring down rents pretty quickly.
Speaker 3 (01:58):
But the rents have haven't come down.
Speaker 4 (02:00):
Yet, and so far the added inventory hasn't translated into
lower rents.
Speaker 3 (02:05):
So it's got to translate. Has to. There's no other
way around it. Trust me when I tell you.
Speaker 1 (02:09):
Before I became your favorite afternoon talk show host in
San Diego, I was the CEO of something called the
Apartment Association. So it's a lobbying organization for the people
that own the building.
Speaker 3 (02:26):
And I know this business very well.
Speaker 1 (02:29):
And when you have vacancies, it's not long to you'll
see the big banners go up. Move in today, first
month free. And that's already. What we're beginning to.
Speaker 4 (02:41):
See ypside for renters is that many property owners are
now offering incentates to fill units like a month free
rent and free parking spaces, among others.
Speaker 3 (02:50):
Oh, free parking, how about that? You need that.
Speaker 1 (02:53):
Free parking is good. A month free rent is good.
Sometimes you'll see signs that say.
Speaker 3 (02:59):
Two months free. That's really good. It's like five grand.
Speaker 1 (03:06):
And that's not a gift, so that's not taxable income.
Speaker 3 (03:10):
That's just good times for you. So this is good.
This is really good.
Speaker 1 (03:14):
And I'm happy that the marketplace works and I'm happy
that people get to see it because for far too long,
and you know, renters felt like they were being taken
advantage of because rents were going up, and that gave
rise to tenant rights organizations, which are terrible organizations for renters.
Speaker 3 (03:35):
It sounds really good. The tenants rights crowd.
Speaker 1 (03:38):
They want to make conditions horrible for landlords and the
owners of buildings because they think that the mean landlord
raises the rent just to enrichment himself, and that's just
not true. They are very foolish, uneducated people, but they
make tenants think that they're on your side when they
actually cause your rents to go up by pushing things
(03:59):
like rent control and you know, no fault addiction or
eviction laws, and that's terrible. You want to have an evening,
even playing field. You want to have a private contract
with your landlord. You don't want tenants rights groups involved,
and you don't want the government involved, because both will
(04:19):
be bad for you. The landlord's already good, he owns
the building, so you don't need these tenant rights groups.
But when rents get really high and the pendulum doesn't
swing back towards advantage to the guy writing the rent check,
it creates conditions where these tenants rights groups can can flourish.
(04:40):
So now the rents will go down, the tenants rights
groups will go away, and they'll go save the.
Speaker 3 (04:46):
Turtles or save the whales, or do whatever they do.
We can get back to doing business.
Speaker 5 (04:50):
Last year we had about a twenty five year high
of fifty six hundred units open. This year, we're on
pace for about six thousand units to open. We've already
had about four thousand than through the first half.
Speaker 3 (05:00):
Of the year.
Speaker 1 (05:01):
Oh wow, four thousand units open, six thousand by the
end of the year. That's lots of new apartment space.
And that's just really good news.
Speaker 3 (05:11):
So hoorray.
Speaker 1 (05:12):
The rents haven't come down yet, but they'll start too,
There's no question about it. And that's okay. It is
what it is for you, mom and pop landlords. It's
gonna be fine because better you have that apartment filled
with somebody paying nineteen one hundred dollars a month than
sitting empty for twenty two hundred dollars a month. And
(05:34):
if you can afford to pay twenty two hundred dollars
a month, but it's going for nineteen hundred dollars a month,
you just got a three hundred dollars a month raise.
Speaker 3 (05:42):
So this is all very good. I'm all very happy
about it.
Speaker 1 (05:46):
Hey, do you know how Arnold Schwarzenegger became financially independent?
Before he was a movie star, he was making decent
money being you.
Speaker 3 (06:00):
Know, an athlete, right, being a bodybuilder.
Speaker 1 (06:03):
He would do shows and you get you know, appearance fees.
But you get a fly all around the world and
you know, get that much money, like Joey Chestnutt gets
money by flying all around the United States and promoting
Nathan's hot dogs. But you know, that can get old.
And in the early days, Schwarzenegger didn't make any money.
(06:23):
I think he made like three thousand dollars total. For Conan,
mister Finnerty was like a really small amount of money.
Speaker 3 (06:31):
Well, you know, he's breaking into the business. He had
break it into the business. I didn't have to say
him anything.
Speaker 1 (06:35):
He wanted to be on on the silver screen, so
he's willing to take anything. But in those early films,
he didn't make a whole lot of money. But he
did have financial security because when he was in the
early days of being mister Universe, as I said he would,
you would go to appearances and give speeches and sometimes
promote protein powder, and you make a little scratch.
Speaker 3 (06:57):
Here and there. But he had a mentor a little
old lady.
Speaker 6 (07:04):
I did not have a blazer to go out with
the age of twenty four or twenty five, I had nothing.
I was just training and working and training and working
and training and working and going to school getting my degree,
my business degree. And every time I made some money,
I took the money and they stuffed them into my boots,
so I didn't want to go sleep and have someone
(07:25):
steal my money. Then I took them home and then
they put them in the bank until I had twenty
seven and a half thousand dollars, and then I put
down money for a six unit apartment building.
Speaker 3 (07:38):
How about that?
Speaker 1 (07:39):
Just hoarding cash and working and training and training and
working and going to school and saved up twenty sixty
five as a down payment.
Speaker 3 (07:49):
Six unit building.
Speaker 1 (07:50):
What was this probably nineteen seventy four. Yeah, maybe six
unit building in Santa Monica. You probably get away with
with a down of twenty six dollars.
Speaker 3 (08:00):
Wow, time to change.
Speaker 6 (08:02):
There was a real estate woman but the name of Olga.
She was from Lebanon, and she was Danny Divito's height.
And she said to me, she says, anard, listen to me,
you need income property. I find you a six unit
apartment building that has an owner's unit in front, and
(08:26):
you're gonna stay there in his owner's unit.
Speaker 3 (08:30):
Talk about that. That's a good piece of property right there.
Speaker 1 (08:32):
So you have an owner's unit in front, and behind
you have six units. So that's a seven units total
down payment twenty six five in the early seventies. So
he was already going to be very financially secure before
he read one movie script in his early twenties, that
(08:54):
amazing story. All right, when we come back, Speaking of
where everyone's gonna live, The Wall Street Journal had an
article out that said that for millennials, it's not embarrassing
anymore to move back in with the parents. They're even
bragging about it. And I think this is good and
bad and I'll explain why that's coming up next.
Speaker 3 (09:20):
Corey Team Lou.
Speaker 1 (09:22):
Penrose on News Radio six hundred Cogo Always good to
have you along on a Wednesday.
Speaker 7 (09:29):
I believe one of the major reasons there is a
lot of vacancy in the San Diego County area is
due to the fact that thousands of illegal immigrants have
been arrested and deported by ICE this past months.
Speaker 3 (09:41):
Well, that's certainly a factor. There's no question that that.
Speaker 1 (09:44):
Is going to have an impact, and ICE is going
to step up efforts and a lot of people have
self deported.
Speaker 3 (09:52):
And people have left San Diego and moved.
Speaker 1 (09:55):
I know people that have, but I'm sure people moved
to San Diego, so that that's hard to measure, because
you know, we don't know how many legals we're here
to start with. We just know how many were apprehended.
And they're not apprehending the amount of illegals out of
San Diego like they are in some of these other states.
Speaker 3 (10:14):
California is going to require a much bigger effort.
Speaker 1 (10:17):
And I think that Trump has a timeline for that,
because as you can imagine, when I starts cleaning out
San Diego and all of California, there's going to be
a big hoopla about it, and you know, so that
that requires a special effort. But the building of buildings
also creates vacancies. And we can see and measure the
amount of units that are being built.
Speaker 3 (10:39):
In San Diego apartment units.
Speaker 1 (10:41):
So look, they both work, but vacancies are good for renters.
It brings the rent prices down, so advantage in for
the renters.
Speaker 8 (10:53):
Blue this Brian from Taake. You look, I have a solution.
Lower the rents. It's really not that hard to figure out.
Some of the numbers that are being thrown at people
are just ridiculous. Three four thousand dollars a month to
rent an apartment one bedroom in some places, it's nonsense.
Let's give people a chance lower the rents.
Speaker 5 (11:11):
That is all.
Speaker 1 (11:11):
Thanks, all right, that is all. I appreciate the call,
very sweet of you. That can't be done. And let
me explain to you why, because we have statewide rent control.
Because these idiots in these tenants rights groups thought they
were doing a good thing by imposing rent control. These
landlords are mean and they're not letting people get ahead,
and they're just being greedy and they're charging three thousand
(11:34):
dollars a month in rent.
Speaker 3 (11:35):
Come on, well, what do you want to do?
Speaker 1 (11:38):
Well, we have that rent control and they got rent
control through. So now here's what happens.
Speaker 3 (11:44):
Let's say.
Speaker 1 (11:46):
You want to do that and you get somebody that
owns a building and he lowers the rent, you know,
to be kind, I guess, And now he goes to
sell the building and the buyer building says, oh, wow,
this is a beautiful building. You've taken really good care
of it. Yeah, you know, just a small operation. I'm
(12:07):
not Black Zone, I'm at the Irvine Company. I'm not
Snyder Properties. I'm just just a guy. My wife and
I and we just kept good care of it. But
we're retiring now, so I want to sell the building. Okay,
Well what's the cash flow? Got to know that, Oh,
the cash flow is not that good. Because Brian and
Temecula told me that I should lower the rents from
(12:27):
three thousand dollars a month to two thousand dollars a
month to give people a chance. And the new buyer says, well,
that's very sweet of you, but I don't plan on
being a schmuck.
Speaker 3 (12:40):
I'm going to charge market rate for the rents.
Speaker 1 (12:43):
And guess what he can't because he can only raise
the rent whatever rank control is, if it's five percent
a year or three percent plus CPI or whatever Cocka
made me formula that these tenants rights people came up with.
So now you can't raise the rent to be able
to break even. So it forces people to have to
(13:05):
raise the rent every year to the maximum amount. It
forces the owner to raise the rent every year to
the maximum allowable amount under the law to make sure
that their property is full valued when they go to
sell it.
Speaker 3 (13:19):
Otherwise you're sitting no one's gonna buy it.
Speaker 1 (13:23):
Let's say, let's say a fair market value for the
apartment is three thousand dollars, but I rent it for
two thousand dollars because I'm a kind heart. And the
new owner buys it, he can only raise it, let's
say five percent. So what is that one hundred and fifty.
Speaker 3 (13:38):
Dollars a month?
Speaker 1 (13:39):
So now it's set a two thousand, it's a twenty
one to fifty, still not three thousand.
Speaker 3 (13:44):
Dollars. He's got to wait ten years and he's.
Speaker 1 (13:46):
Still not going to get there, and the market value
is going to go up every year too, so the
property becomes a dog. And you don't want that to
happen because your property is your investment, it's your retirement plan,
it's your property.
Speaker 3 (14:00):
So you'd be an idiot to not raise the rent
under rent control.
Speaker 1 (14:04):
You'd be an idiot not to raise the rent to
the maximum allowable amount under the law every single year.
And the people are that get hurt are the tenants
because now they get they gotta move and go rent
a crappier apartment. So that's why I'm always so opposed
to rent control. Rent control is like free love. It
(14:25):
sounds great, it doesn't work, and in the end, all
you're left with is a social disease. Eight hundred, six
hundred cogo eight hundred, six hundred and five six four six.
Speaker 3 (14:38):
And if you're listening live, you can join us on
the iHeartRadio app.
Speaker 1 (14:40):
All right, So for millennials, Wall Street Journal, for millennials,
they say, now it's not embarrassing anymore to move back
in with your folks. Millennials are moving back in with
their parents for affordability reasons. But they're bragging about it,
they're not hiding it, they don't feel ashamed. And as always,
(15:02):
like I say, the content is in the comments. Listen
to some of these comments headline millennials is not embarrassed
anymore to move back in with parents.
Speaker 3 (15:13):
Here's comment number one.
Speaker 1 (15:14):
In other words, let's redefine failure as financial savvy.
Speaker 3 (15:19):
Oh, here's a good one.
Speaker 1 (15:20):
I encourage my daughter to move home while she's working
on her master's degree instead of paying eleven hundred dollars
in rent and utilities to save it for a future house.
The goal was to help our children get ahead. And
if it's a stabilizing at home for a few years,
so let it be. Life is hard enough. Why don't
we have Why do we have to make their lives harder?
Here's a good one, mister finnerdy. Hi, my name is George.
(15:43):
I'm unemployed and live with my parents.
Speaker 3 (15:48):
Is that supposed to like? Is that a just resume
or something?
Speaker 1 (15:52):
There's a that's a line out of the famous Seinfeld
episode The Opposite, where George would go up to women
and say the opposite of what he would normally say.
Speaker 3 (16:04):
And it didn't work. Out too. If I recall it
started to then it collapsed. Hi, my name is George
of unemployed and live with my parents. Yep, that's the
millennials moving back in at home.
Speaker 1 (16:14):
Here's one people pretending they're smart because they can't keep up.
Living with your parents and saving your salary and paying
for your own stuff isn't mooching. It's funny how people
assume that those who live with their parents.
Speaker 3 (16:24):
As adults are muchers.
Speaker 1 (16:27):
So you move back with your parents, rent free and
put all the financial burden onto them.
Speaker 3 (16:32):
What an adult you are. Oh, that's pretty snarky. I
guess I'm old school.
Speaker 1 (16:37):
Once you're eighteen and out of college, you go out
on your own and crush it without the help of
your parents.
Speaker 3 (16:42):
So I have a thought on this.
Speaker 1 (16:44):
I think this idea is smart for women and shameful
for men.
Speaker 3 (16:54):
I knew you were going to say that, and I'll
explain why. Let me get back.
Speaker 1 (17:01):
Lou Penrose on news Radio six hundred Cogo and live
on the iHeartRadio.
Speaker 9 (17:06):
I on the eighth eastbound right at La Mesa Boulevard,
get a crash making its way to the shoulder of
bed on ramp.
Speaker 3 (17:13):
Your eight east Ocean Beach to.
Speaker 9 (17:15):
Alcoholone gonna take you about thirty nine minutes on the
ATO five South at Alcohol, We've got a stall. It's
going to be in the second lane from your left.
You're aight O five sounds still a crawl all the
way from here Meson Boulevard overall aight O five southbounds
Rental Valady to La Vista. It's going to take you
fifty three minutes now. I'm Jenny Harmon Coco's next real
time traffic update at four thirty two.
Speaker 1 (17:36):
If you are a home in San Diego and are
even thinking about selling, listen up, hey, it's lou Penrose.
Before you spend thousands fixing it up, hiring contractors, listening
with an agent, and dealing with months of showings, there
is another option.
Speaker 3 (17:49):
My friends at I buy SD dot com. I buy
SD dot com.
Speaker 1 (17:54):
They've been buying homes right here in San Diego for
over fourteen years.
Speaker 3 (17:57):
Here is how it works. You sell your home as is.
Speaker 1 (18:01):
That means no repairs, no cleaning, no open houses. You
get a fair no obligation cash offer, and you choose
your own closing date.
Speaker 3 (18:09):
That means they can close in days, not weeks and months.
Speaker 1 (18:12):
If that's your timeline, no commissions, no surprises, no stress.
And if the situation is complicated tenants involved major repairs,
they can handle that too. So before you list your
home or even start fixing, or even start scheduling appointments
to take a look at it and get estimates, go
to I buy sd dot com and see what they
can offer you. Use my name Louke Penrose. Tell them
(18:34):
I told you to call that I buy sd dot Com.
Speaker 3 (18:38):
Identity SATs can cost more than you all.
Speaker 1 (18:39):
Right, we're talking about this story in the Wall Street
Journal that millennials are moving back in with their parents
to save money because they can't cut it in the
real world and pay for their own run. But that
used to be an embarrassing thing, and now it's not
embarrassing anymore, and they're even bragging about it. A big
story on it in the Wall Street Journal. But the
comments are hilarious. They go back and forth. When I
(19:04):
was in my twenties, women did not want to know
any mama's boys who still lived at home with their folks.
Speaker 3 (19:11):
When I would call a girl and.
Speaker 1 (19:14):
Tell a girl that I was living at home, her
response was call me after you find a place of
your own.
Speaker 3 (19:21):
There's another.
Speaker 1 (19:21):
I'd rather my girls moved back home than boyfriend hop
like my friends did in college. These people must not
have boomer parents, because I'd sleep in my car before
I moved home again.
Speaker 3 (19:32):
My childhood was enough. That's hilarious. Let's see here.
Speaker 1 (19:39):
This could contribute to the emotional well being of the
parents that sometimes feel lonely. You should ask why, Oh,
you should ask what is their family background? Most have
relatively successful gen X parents with a nice house and
probably a huge backyard of the pool. Also, most are
empty nesters with two kids or fewer. Two kids are more,
so why not move back as a parent? I'm happy
(20:01):
as long as their mutual respect and enough separation for
a healthy relationship.
Speaker 3 (20:06):
And here's my favorite. This is still failure.
Speaker 1 (20:09):
So adults moving back in with the parents. Okay, so
a split decision. And I'll explain for me, and that
is this is a very smart move for a woman
who is a young adult. It is the safest place
for her. It is a good time to work on
her number one job in life, which is finding her
(20:32):
life partner. If she wants a life partner, if she
wants to be single, whole, whole life, then it doesn't
really matter, right, But if a young most women do
want to find a life partner, and the best place
to find your life partner is doing so while you're
living in your parents' house. Because you go home to
(20:53):
your parents house, there's no chance of letting the boyfriend
move in. There's no chance of living with the boyfriend.
You have more time and money to finance your number
one job, and your number one job as a young
woman who wants to find a life partner, your number
one job is to work on that.
Speaker 3 (21:14):
That means you've got to look your best. You've got
to present well.
Speaker 1 (21:18):
Right, You've got to you've got to be somebody that
somebody would want to know. And you can't get to
know somebody until they find you attractive in the first place.
So you need money to have good clothes. You need
money for the beauty parlor, you need money for the salon,
for the nails, for the hair, and you need time
(21:39):
to keep yourself in shape. And you need some money
so that you're not in debt, because no one's going
to marry a girl in debt. So it's a very
wise choice for a young woman to move back in
with her parents. If she wants to and the parents
want you to, you can still live on your own,
(21:59):
but you should.
Speaker 3 (22:00):
Certainly be living with girlfriends.
Speaker 1 (22:04):
But I think that with respect to the embarrassing and
the shame, no more. There should never be embarrassment or
shame for a young woman living with her parents.
Speaker 3 (22:16):
Never.
Speaker 1 (22:19):
Now the other side of the coin, it is shameful
for an adult man to be living with his parents.
It is completely shameful. You should be embarrassed, you should
be humiliated. What's that one comment the guy that said, yeah,
he did that and he met a girl and she
said call me after you find a place of your own. Right,
(22:40):
you should be mocked for living with your parents as
a grown ass man. That does not communicate strength, That
does not communicate success, that does not communicate financial independence,
that does not communicate financial stability.
Speaker 3 (22:53):
And those are the signals that women are looking for
in a man. And if you're living with your.
Speaker 1 (23:01):
Parents, you must be some kind of a loser. Why
can't you live on your own now? You don't have
to live luxuriously. You should live within your means. Your
rent should be no more than thirty percent of your pay,
and you should have a bachelor pad but you should
have your own place. Your mother should not be doing
your laundry as a grown ass man not attractive.
Speaker 3 (23:25):
Now I know what you're thinking, lou What a double standard?
What a sexist thing to say?
Speaker 1 (23:34):
Yes, I am actively discriminating based on sex.
Speaker 3 (23:40):
It is absolutely sexist. Just because it's sexist doesn't mean
it's bad.
Speaker 1 (23:48):
Right, the girls' locker room and men's locker room is sexist.
Speaker 3 (23:55):
So it's okay to have two sets of rules.
Speaker 1 (23:58):
One for men and one for women, because the goal
of all the rules is to.
Speaker 3 (24:03):
Make the conditions better for the individual.
Speaker 1 (24:06):
The rules for women are women are not benefited by
the men's rules, and men are not benefited at all
by the women's rules, so.
Speaker 3 (24:15):
They have to be two separate sets of rules.
Speaker 1 (24:18):
You may very well call that sexist if you want,
but it makes all the sense in the world. I mean,
is there anybody that disagrees with me that women, young
women are looking at men and determining in their head
are they financially stable, are they financiallyly capable?
Speaker 3 (24:39):
Will they keep me?
Speaker 1 (24:41):
You know, in a lifestyle that I have become accustomed
or that I desire to be accustomed to to which
I'm accustomed whatever.
Speaker 3 (24:53):
Of course they I mean, of course they're looking for
that and the other way. You know, if you're a
guy and you're looking in data girl, is she in
her ho phase?
Speaker 1 (25:04):
Or you know, am I you know, dealing with somebody
that's not a used typewriter here? So you know, a
girl that's living with her parents communicates a sense of
cleanliness to a would be suitor like nothing else can.
Speaker 3 (25:21):
Oh, her dad lives in that house too, that's a
good sign right. So these are all very good signals.
Speaker 1 (25:28):
And when you are young, you're giving off signals all
the time, and you've got to guard well the signals
that you give off because some of the then you
do them subconsciously. So I thought, this is a very
interesting article in the Wall Street Journal that no one's embarrassed,
and I thought, well, half should be embarrassed. The men
should certainly be embarrassed. Now, something goes wrong, I have
(25:50):
three sons, right, so let me give you the plan.
Something goes wrong, get fired from your job, wasn't fair
or made a critical error and learned your lesson, but
got fired. Now you're down and out, you know, can't
make the rent? Can I move back in Okay, I
come on over, pack your stuff and go back into
(26:14):
your bedroom. We're get into the guest room, and I
will give you ninety days.
Speaker 3 (26:18):
No rent.
Speaker 1 (26:18):
I don't want your rent, no money. You just eat
out of the kitchen, use the laundry machine. But you
have ninety days, and that includes this weekend. You can
come over, you know, tell me the story on Friday,
drink your sorrows on Saturday, wake up on Sunday with
(26:39):
a hangover, and then on Monday morning hit the bricks.
Speaker 3 (26:42):
Because you have ninety days, and the clock starts now.
Because if you're not paying room.
Speaker 1 (26:49):
And board, you ought to be saving a pilot hash
in ninety days.
Speaker 3 (26:55):
So that's what I would offer. But that's it. Otherwise, No,
you're in a man.
Speaker 1 (27:00):
You need to earn enough to house yourself every day
that you're an adult man until the end of your life.
Otherwise you're not an adult. But if it was a daughter,
it would be a very very different answer. So that's
(27:21):
where I fall on this one.
Speaker 3 (27:23):
What say you? Loup Penro on news.
Speaker 1 (27:26):
Radio six hundred at co Goo coming up following the
news at five, It's official, way MO is coming to
San Diego. You're gonna be drive driven around by a robot,
and it's gonna be super cool.
Speaker 3 (27:40):
I've been waiting for this.
Speaker 1 (27:41):
I've watched them test market here in San Diego and
basically have the cars learn. I think this is the future.
I think the future is going to be grand. I
think if you're an uber or lyft driver, you're probably
gonna be a little concerned. And Uber and lyft drivers
are pushing back a little bit, and I get that.
That's like the taxis pushed back on Uber Lyft, like
(28:05):
the blacksmith who shoed the horses pushback on Henry Ford.
So there's gonna be natural pushback, but it's not gonna
hold it back. I think it's gonna revolutionize quality of life.
I think it's gonna happen really quickly. I think it's
gonna happen in my lifetime. I love taking ride shares.
I use it all the time. It makes drinking so
(28:26):
much easier because you never have to drink and drive ever,
and it's been wonderful for my teenage boys. I can
uber people home that I suspect have been drinking, or
send an uber for my son so I.
Speaker 3 (28:40):
Don't have to go get them I just I love it.
Speaker 1 (28:42):
I love the ride share model, and now that it
will be completely automated means that it will just get
even better because it'll be twenty four to seven.
Speaker 3 (28:51):
Right, Robots never get tired.
Speaker 1 (28:53):
So we'll talk about it coming up following the news
at five o'clock Blue.
Speaker 5 (28:56):
The day I'd moved out was the day my mother
converted my bedroom into her personal working space.
Speaker 1 (29:04):
That's right, because you're a grown ass man and you
move out of your parents' house when you become a man.
But as far as young ladies, if they want to
move back into their parents' house to save money, I
have absolutely no problem with it. There's no shame in
that game. In fact, I think it's a wise move.
Speaking of moms, there's a hilarious social media trend.
Speaker 3 (29:28):
I think this guy is out of San Diego.
Speaker 1 (29:33):
It's called Mexican Moms, and they he has Mexican moms,
a group of Mexican moms trying McDonald's, trying pizza Hut trying. Uh,
this is a Mexican mom's trying school lunches.
Speaker 3 (29:46):
Here in San Diego. Mexican moms try school lunch.
Speaker 6 (29:49):
Permles faltent.
Speaker 1 (29:55):
Because no sabi. She said it's undercooked, crude. I heard
that the school lunch was undercooked. Wow, that's I mean,
I think that's good review.
Speaker 3 (30:10):
Right there. Here's Mexican moms trying pizza hut.
Speaker 7 (30:14):
I mean silipones, chili jalapeno.
Speaker 3 (30:22):
Yeah, it's only good. She took the pizza.
Speaker 1 (30:24):
I said it was not good, but took the pizza
crust because it was so doughey and opened it up
and added a jalopeno and said, and then that was good.
Speaker 3 (30:36):
Okay. Here's Mexican mom's. Oh hey, they're trying chicken McNuggets
McDonald's chicken nuggets.
Speaker 7 (30:44):
Jana Magustan has two chicken nuggets.
Speaker 1 (30:51):
Oh boy, so it doesn't look or taste like chicken.
Speaker 3 (30:57):
She doesn't like it. This is so good. I love this.
I I hope they have them do it all.
Speaker 1 (31:05):
And you don't need to know many Spanish words to
know what the Mexican mom is saying.
Speaker 3 (31:12):
Oh, here's a good one.
Speaker 1 (31:12):
Is a Mexican mom trying salsa verde out of a jar.
Speaker 3 (31:18):
From a supermarket.
Speaker 2 (31:21):
Martiain not trumpet compenos having pecky.
Speaker 7 (31:30):
Mala.
Speaker 3 (31:31):
Oh that's bad, that's not good at all. This is
what she said there. Uh, she was being tricked, was
what she said. It says there's tapatio in it, but
there's absolutely no tapatia.
Speaker 1 (31:43):
I think that's what she sa. I'm trying to pick
it up here on the flyin.
Speaker 8 (31:46):
No trumpet compos having pecky.
Speaker 5 (31:52):
Being mala.
Speaker 3 (31:54):
That's rough. That's right, you're a Mexican mom.
Speaker 1 (31:57):
She knew food and a lot of the stuff is
not food, even so called Mexican food in a jar.
Speaker 3 (32:05):
All right. So Waimo is finally coming to San Diego.
Speaker 1 (32:09):
A lot of people, including yours, truly say it's about time,
but many people are very concerned about trusting a machine.
Speaker 3 (32:16):
It is a weird feeling.
Speaker 1 (32:17):
I've never been in a weemo, but I've had people
literally FaceTime me while in a weemo in Arizona and said,
it's just the weirdest feeling until you get over it,
and then it's just becomes absolutely delightful. So will you
get in aweimo and are you happy about it? Or
do you think this is a disaster waiting to happen.
Speaker 3 (32:38):
On the street to San Diego,
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