Episode Transcript
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Speaker 1 (00:03):
It's that time time, time, time, luck and load. So
Michael Verie Show is on the air.
Speaker 2 (00:25):
There has apparently been a shooting in Minneapolis. We know
that because wall to wall coverage. Fox News has abandoned
whatever else they were talking about, and they're going to
show us pictures of people hugging and grieving because there
has been a mass shooting, and all over America is
(00:47):
the next mass shooter watching the television, maybe sitting alone
in the basement of his parents' home, twenty four years old,
doesn't have a job, not sure what he's going to do.
He got fired from the Sacki Pack for saying really
weird things to the girls who work there because he's
(01:08):
a creeper's cheepers. And now all he's dreaming about is
being the person who caused all this wreckage, because then
he'll be famous. Ted Kazinski didn't send bombs through the mail,
ingeniously devised to figure out his bomb making prowess and
(01:32):
have proof of concept. He did it so you'd have
to read his screeds. He did it because he had
all of this crazy coming out of him that nobody
would listen to, and so he has to get attention.
I will notice. Sometimes there will be people on Facebook
and they'll say something really stupid to what I post,
(01:56):
and then when I respond, dude, what are you doing?
I mean you didn't like what I posted. You didn't
have to you could have just kept scrolling. You took
time to write something like that. And they will basically
respond with some version of I needed attention and I
(02:16):
got your attention. I needed you to pay attention to me. Well,
how many times have you told your young child if
you want attention, learn how to seek it and get
it instead of doing something bad acting out so you'll
get the negative attention, which is still attention. When you
(02:36):
go wall to wall on these shootings, two things happened.
Number One, you inspire other people because shootings are big business.
We're going to know the name of the shooter, what
their opinion is, if they have manifesto that'll be read,
what they've done before. Oh this is great, Look at this.
We're all over the TV. So people will say to me, well,
(02:59):
you have to cover it. You don't see That's what
you don't understand. There are ten other things happening in
this country right now, any one of which could be
wall to wall coverage. But they're not being covered, and
you don't know they're not being covered. Well, you've got
to be respectful to the victims. You think this is respectful.
(03:19):
You're watching mothers whose child is inside and probably just
got shot as they wail. A mother who was at
Pilate's class or pulling weeds in the yard when she
got the call and she rushed up there. She doesn't
have her makeup on, her hair's not done, she's in
her nightgown and she's wailing, trying to connect with this
(03:44):
child she brought into the world. She's at her absolute
lowest point imaginable, and you're showing her and that what
that's respect that you think that needs to be shown.
You think that that somehow helped us. That's for you.
That's not for her, that's not for the victim. That's
for you. You like to rubber neck. See that's a
(04:06):
weakness in us all. But why why cover this? Why
cover it constantly? And then we got that same group.
We've got that black guy that was with the FBI.
I forget his name, he can hardly talk. They bring
him out there and they say, ron, I can't remember
his name. You don't talking about Ramon, dark skinned black GUYE.
He was with the FBI, and he's kind of they
(04:28):
got they have a whole crew, and so the producers
immediately at that moment, call those people. If those people
are on vacation somewhere, they get them to a truck
and get them in the truck. All right, Ron, what
do you think happened here? He doesn't know a damn
thing of what happened, and he says, well, it's probably
too early to tell, but I think what we're going
to see here, and then he complete conjecture, just complete conjecture.
(04:53):
And that's what we do. And now now we've got
we've got three cameras. We've got one that shows us
the map and it annunciation shirt so we can see
where the church is. Now ninety nine percent of people
watching this have never been to Minneapolis, much less know
where that church is. Okay, but we got the church. Okay,
we're getting we're building our It's all right. It's a
(05:13):
good movie. All right, got a good movie. Who's the
cast of characters? This is the credits. Okay, this is
where we're gonna be. Okay, then above that in the
top right, because we can't just have one camera on this.
There's lots of cameras the top right. We've got pictures
of cop of SUVs and they all have their lights
on but no sirens. And you've got people walking over
(05:34):
to them. Hey, what do you see? I didn't see
anything yet. We don't know we're here. And what do
you think, I don't know. They're calling us in. They're
calling in the big boys. The governor's gonna come in there,
HIPBI director is gonna come over horse. And so they're
all chatting as cops do. And oh, we got him on,
We got him on. He's in the top right. That's him.
What's his name? I knew we'd up. We got him,
We got him. He's got his vest on the whole thing. Yep,
(05:56):
I knew we'd find him. Oh yes, he's always good
for a comment at a moment like this. I forget
his name, but maybe they'll give you his name here
in a minute. And he comes on and he you know,
he talks about these things, that's what he does. And
so they have a whole rapid response team that does this,
and they roll them out and I guarantee they're all
getting the calls right now. That's how this works. They're
(06:17):
calling it all. They're we might call Mark Furman here
in a minute. I don't know. We've got school shooting experts,
we might have a family member of a former school shooting.
Ted Williams, that's his name, Yeah, Ted Williams. Okay, then
we got all right, bring in, Hey, who's on bane?
Who we got? Who we got? We got school shooting?
What he got? What do we got? And so they
go through their list and they start they text them, Hey,
we need jo on, we need Joe. We're going wall
(06:37):
to wall and they do, and then the other picture,
the big picture over to the left because now we
got a Now we got four four way split screen.
Now we've got students walking around being teenagers whose faces
are washed out from crying and parents hugging them. Yep,
that's that's what we ought to be watching right now.
And then we got breaking news where news has the gold,
(07:00):
you know, shimmering through there. Now we've got the governor's
official statement, the governors extended thoughts and prayers. This is
an active situation, and we're going to get to the
bottom of it very soon. And this is it soon. Oh,
we got a brief incoming on the Minnesota shooting, all right,
whereupon we'll learn that the police chief is some fat
lesbian who hates white men. That'll happen and she will
(07:22):
just reek of incompetence. She will reek of it, and
that'll be the moment where we are all exposed to
the fact that yet another urban environment has fallen to
the woke mob. That's going to be it. We'll see
it in all its glory. Just watch and see. She'll
be a short hair, short spiked hair. There's a Netflix
documentary on the Jussey Smollett situation case incident, and the
(07:48):
police chief is this black guy who calls out Dussy
Smollett for the whole nonsense, and then his top person,
who also calls Dussea, is his heavy set lesbian woman
with the shit spiked tear in the glasses. Even the
two of them had had it with Jesse's I'm black
and I'm gay, and therefore they said it was Maga
country during a polar vortex in Chicago at two o'clock
(08:12):
in the morning. I mean, I understand a man wanting
a foot log, but nobody's believing that subway it's Subway seven.
You don't know. I've denied. Don't give me half of mine,
you will bring.
Speaker 3 (08:24):
Me my wig with the Michael Berry.
Speaker 2 (08:28):
These one person whose name I want reveal because I'm
not authorized too, but who teaches cops and other law
enforcement multiple level says I preached to my students, you
are in command, and you have the command responsibility. HR
(08:49):
and Legal provide valuable advice and expertise, but they do
not have the command responsibility. They are the advisors, but
you are the commander. So my wife was on the
board of directors of a fortune five hundred company, a
national route which owned strip centers shopping centers across the country.
(09:14):
They own own still do own a boulevard place at
the corner of sam Phillippi and Post Oak. If you
know where that big Whole Foods is, there's a Nimphas
in the corner. And one of the things that she
would always say, having been a longtime lawyer and now
(09:35):
a board member not a lawyer, was to tell business
people that your job is to be a business mind,
not to let lawyers tell you what you can and
cannot do. I've heard Trump make comments over the years
(09:55):
about lawyers not wanting him to do this or that,
and he still does it. I would say that's also
true of HR. I would say that is also true
of I. Hear people tell me, my doctor won't let
me do this. What repeat that you have complete agency
(10:20):
over your being. It's the only thing you have complete
agency over. But you do have that doctor says I
can't do X. I don't mean X like ecstasy or mom.
The doctor's not in charge of whether you do it.
Your doctor can advise against it. I know people that
(10:40):
will ask their doctor if they can do this or that,
not with the tone of is it advisable that I
do this or that? But daddy can I There is
an infantilism to more adult then I think we're comfortable admitting.
(11:03):
And they're not all Democrats. Mostly they are. Mostly they are,
But there are a number of people who are Jesus
take the wheel over everything. They don't want to make
a decision, they don't want to be accountable, they don't
want to be wrong. They fear failure. They do not
(11:26):
have any it's paralysis by analysis. They don't have any
confidence in their own decision making and self governance, whether
that's at the church, the school board, congress, the president.
Self governance requires that every individual make decisions that they
believe to be the right decisions. But of course that's
(11:50):
not how it works, is it. We have people like
Karl Rove who take the millions of dollars from really
rich people to convince working class people, Christians, suburbanites, white people,
business owners that this is what this is watching your
(12:10):
best interest, and so they create little you know, they
they create little little sparks and little fires over there.
One of the ones he would use during George W.
Bush's career, that there were two that Rove would use
to when he needed to get people out to vote.
The homosexuals are coming. Oh well, Carl, people, if the
(12:31):
homosexuals are coming, better get out and vote. So they
would always be a there would always be a gay
issue that was being dangled out there. You better get
out there and vote them homos are gonna come. What
are they gonna do? What are the homos gonna do?
I'm serious? Are the homos gonna mug us? Are they
(12:52):
gonna are they gonna beat us up? They're gonna take
our homes, They're gonna invade? What are the What are
the homos gonna do? Why are we so scared of
the homos. Homos are out there. They're gonna they're gonna
want to They're gonna want to go in their bedrooms
and do whatever dirty things they do. Okay, well you're
four or against or don't care about that, But why
(13:15):
do you keep pushing that onto the ballot Because it's
hard to get people to vote, so you got to
create a boogeyman to get people to vote. The other
one was guns, and the Democrats are so stupid. If
the Democrats had had any sense, they would keep those
two issues off because you know what those issues do.
They drive our core to the ballot box. Now, I know,
(13:39):
I know if you guy, it's not true, Michael, it'd
give some Democrats out. That's what everybody wants you to believe.
If you put those issues on the ballot, if the
Democrats had an ounce of sense, they would never use
the word gun again. There, you gotta realize most people
(13:59):
are indifferent to politics. You're not. You're listening to talk radio,
you watch Fox News, you go to Trump rallies. You're
not typical. You were in a very small distinct minority.
That's why primaries are so important because it's only people
like you that are voting in the primary, so you
have a great deal more influence than you would normally have.
But most people don't care. Now they might care about
(14:22):
how the astros are doing. They might they might have
had their fantasy draft last night. Putty fired up a team.
They got first first pick, but it snaked. When it snaked,
they got kind of screwed and they didn't get it.
They didn't get a pick for almost two full rounds.
That's what they're talking about today. That's what they're talking about.
They're talking about a concert they're going to go to.
They're talking about a vacation they got planned in the
(14:42):
middle of September. They're talking about their kid being in trouble.
The don't know what they're going to do. They're talking
about whether they can afford this new house. They're talking
about their stock portfolio and why it's up. Should they
buy should they buy a bitcoin. That's the kind of
things people are thinking about, and people the political class
will tell you that people are stupid or sheep because
(15:03):
they don't pay attention to what we're talking about all
the time. They shouldn't need to. Government should not be
as all encompassing as it is. It should not matter
to our lives as much as it does. It only
does because it is overreached. Government was never intended to
be what it is today and should not be. It's unhealthy.
(15:24):
You don't care who the leader of your country is
unless you live in a totalitarian country or are at
risk of living in a totalitarian country. You shouldn't need
to worry so much about it.
Speaker 3 (15:37):
But you do.
Speaker 2 (15:38):
We all know you do, because we've seen what the
left can do. You know, you think about it when
you go back to the original state of Man. There
was no politics. People identified as their little community versus
that little community over there, or Christian or Evangelical versus Catholic,
or Jew versus Muslim are uh, you know, Spartan versus
(16:04):
Trojan or whatever that might be, the Romans versus And
somewhere along the way that natural desire for the government
to grow and fester and and and amalgamate into this
powerful thing that now everyone in society thinks they're part
(16:25):
of it and getting so riled up by it. At
the end of is they're the only ones getting rich
out of it.
Speaker 4 (16:30):
And it was compact desk bro It simply works better.
Speaker 2 (16:37):
Snoop Dogg who's a skinny black rapper who has transcended
being a rapper and has become kind of a cultural icon.
You don't have to like it. It's a fact and
and truth be told. What's the woman who went to prison? Uh,
(16:57):
Martha Stewart. I think he got with Martha Stewart. I
get that vibe between the two of them. I think
they've done it. I think they did the dirty I do,
I really do.
Speaker 3 (17:06):
Uh.
Speaker 2 (17:07):
You know, she's got nice sheets and pillows and it
smells good in there. I mean, you know, she's in
her seventies, but she's she's still an attractive woman. She's
she's a well kept woman. You know. Chad brought up
to me, We're gonna do a bonus podcast on it tonight.
Chad brought up to me, can I get the theme
song for Idriamagennie dud Dude? But you do the official
(17:32):
one because I can't. I can't humme it in and
do it at the same time. Did you know she's
still alive? Yeah?
Speaker 3 (17:47):
Man.
Speaker 2 (17:47):
The early episodes of this were black and white. I
remember she'd wear those big blousy pants and then she'd
get in her little Genie pose and cross her hands
like she was a Dolly Lineman. This is what Chad wrote. Incredible,
(18:12):
I dream of Genie star. Barbara Eden recreates signature Genie
pose to mark her ninety fourth birthday. She sat down
with Bill Maher on his podcast to discuss a number
of things, including her work with Elvis. She looks and
sounds absolutely incredible. I think Chad's got a crush on
a ninety four year old woman. Of course it's Barbara Eden.
(18:34):
How does that go? You won't believe what happened I
got with Barbara Eden. Dude, she's ninety four, I know,
but she's Barbara Eaton. Boy, you never forget that. Don't
make me tell you that. Pharah Fawce had flirted with
me right with my wife's sitting at the table right there.
My wife thought it was the funniest thing ever.
Speaker 3 (18:56):
She was.
Speaker 2 (18:57):
She was not a young woman at that age, but
I'm telling you she was still insanely attractive. What are
you doing? No, you just want to be interviewed over
Todd McVay, the head the head coach of Katie thomp
Thompson or Tompkins. I don't remember what it is. There
(19:21):
are rumors, they're just allegations. At this point, I'm only
telling you what Charles Spencer said. And he's a former
NFL player who played for the for the cab for
the Oilers, for the Texas Huh, he made straight a's
in middle school. He's like, Uh, Sharon, my neighbor's Sharon.
She's she's she made straight a's in middle school. Anyway,
he is reporting allegations that Todd McVay, the head coach
(19:44):
and athletic director at Katie Tompkins or Thompson, was escorted
out and the allegations are embezzlement. We have not spoken
to Todd McVay. We don't know that that's true. That
is an allegation that's being reported, and we're simply reporting
on the allegation we do have. This is no joke.
(20:06):
Former Todd McVay student Ramon Roebless as our guest, welcome
to the program. Thank you for having me, sir. So
let me get this straight. You So, Todd McVay was
an assistant coach at Texas City where you played on
the Sting of Rees. He was brand new there to
the school in nineteen ninety four.
Speaker 4 (20:23):
About that, yes, sir, and he was your history teacher history.
He was a coach, so it was one of those
fluff classes.
Speaker 2 (20:30):
Did he wear coach brand shorts into the class? But
you said the girls loved him. He's a good looking
Oh yeah, describe his good looks.
Speaker 4 (20:37):
You know, the brug of chin, he got that, the
cheek bones and the chin and you know, just that masculine.
I'm a coach kind of guy.
Speaker 2 (20:47):
I saw something last night that Sean Penn for a movie,
I don't remember which one it was. He wore a
prosthetic jaw to make a stronger jaw on in a movie.
Can you imagine? And so you said that you were
very unhappy with him. Be good because you got punished
for an LOOE. Can you tell that story please?
Speaker 4 (21:08):
Yeah, me and John moy we're talking a little too
much during assembly and coach comes around at the end
of the aisle and holds up a sign that said LOOE,
which stood for lack of effort. And we were held
the higher standards back then since we were on the
football team, even though we weren't that good, and so
we had to run.
Speaker 2 (21:26):
Extra lapse and you resented having to run the extra
lab to this day.
Speaker 4 (21:30):
I was hoping for some kind of retribution.
Speaker 2 (21:33):
So when you saw that Todd McVay allegedly was escorted out,
we don't know that he was arrested. There's no arrest record,
so he may not have been arrested. That he was
escorted out may just be an active investigation. Is it
fair to say you're kind of happy he got.
Speaker 4 (21:47):
Officially thoughts and prayers to his family.
Speaker 2 (21:50):
Huh?
Speaker 4 (21:51):
But you know, make me run?
Speaker 3 (21:53):
Will you? Yeah?
Speaker 2 (21:54):
Are you so when you when you realize that was
the same guy, It made you run and you didn't
think you had to. You thought to yourself, will.
Speaker 4 (22:04):
Maybe he'll be doing extra lapse in prison.
Speaker 2 (22:06):
Yeah, mess with the bull, get the horns. What I'm
trying to say? Okay, all right, I see that you
have acquired by osmosis some of my vindictiveness over the
twenty years we've worked together. That's good to know, Robert.
You're on the Michael Berry Show. What say you, sir?
Speaker 3 (22:26):
So good to talk to you in person. It's been
ten subjects ago. Back then you were talking about the
shooting and the TV and I'm like, after my wife
died and the cats knocked over, the TV got rid
of it. So John Tyne vanished pipe dream to Ton's
people off a little bit, but blow up your TV,
(22:48):
throw away your newspaper, moved to the country, and bede
your home. Okay.
Speaker 1 (22:53):
So then.
Speaker 3 (22:55):
Confidence, that's the main deal most of the youngsters today.
And I was one of these people. I didn't have
good confidence, so I ended up trying to compensate with anger,
which you know, it's not an uncommon practice, and it
works sometimes if you're the bigger guy, you know, staring
(23:15):
them off or whatever. But eventually, you know, if you
don't have any confidence, you're gonna back down and whatever.
And so if you teach the kids, I don't know
how to do it necessarily. Like you talk about coaching
dalle ball. I took over this team up in third grade.
I told him everybody's gonna play every game, and I
(23:38):
rode the damn bench because the coaches kids were pitching
and what you know how to do. And I played
every kid every game, and we lost a bunch of games,
and the parents were yelling at me, and I'm like, whatever,
I told these kids, I'm gonna play them every game. Somehow,
the next year we won the damn championships. So that's
(24:01):
a coaching story. And then U all them folks you
heard you heard that crazy hermon I forgot was preacher somebody.
He's still there, Uh preacher somebody, Yeah, talking about killing
all the white people. You know as uh that that
was his plan. That was just talking about. And then
(24:22):
the next week, ten days later or whatever, the Crackerbell
incident happened. I'm like, all right, well, if you go
kill all the crackers, you know who's gonna go to
cracker Bell? So nozare did you ever when you was
(24:43):
a kid that you that you'd only been twelve years old? Maybe?
Speaker 2 (24:47):
Or so?
Speaker 3 (24:47):
Did those Greek restaurants sound in the ship Town travels
bar and the Athens remember saying I read.
Speaker 2 (24:57):
No, I didn't grow up in Houston. But there's a
woman that is a listener who will sometimes email me
a response to a story we're talking about. Whatever last
name is like Stratatos or something, it's a Greek name,
and her brother is in an email her brother has
taken over tell AWEINGK. Yeah, I have his numbers. I
want to see if I can track him down. So
(25:18):
a Greek family has taken over tellwhen you've been a Tellaweing,
that's legendary. I think I've been around forever.
Speaker 3 (25:25):
Along with me.
Speaker 2 (25:31):
The sister of the new owner of Tellwink Grill said, hey,
my brother brought you talking about Greek restaurant owners. My
brother bought Tellwink and here's his cell phone number. Call
him and put him on it'll be great. So we did,
(25:52):
and he says, nah, I have meetings. No, we're just
can do it right now. For eight minutes, I have meetings.
I give Matt Bryce grief because I love him and
he's a dear friend of mine. But we were talking
about I had spoken to a number of restaurant owners,
(26:13):
Russell Lebarro, Johnny Caraba, Matt Bryce, Levi I good. I'm
trying to remember who else I talked to it that
Arturo Boada, a number of restaurant owners at the time,
and their biggest struggle was people. Everybody was fighting. You
couldn't get enough people. So I'm talking about it on
(26:36):
the air. I go to break. I text Matt Bryce.
I called him, doesn't answer. Call him again. He doesn't answer,
and he texted back. He said, I'm in a meeting,
and I said, okay, we'll get out of the meeting.
Because you're the boss. You called a meeting. Get on
the air with me. We're talking about people about you know,
(26:58):
you said you're hiring what a people do to come
to work for you? Right now? I'll get you people
right now. People are looking for work. And he said,
I can't do it. I'm in this meeting. And I said,
what is so important about the meeting? And he said,
we're trying to figure out how to hire more people. Well,
let's see it. You can sit with eight people who
(27:19):
all work with you, going how on earth do we
hire more people? Or you can come on the air,
or we're talking to a bazillion trillion gazillion people, some
of whom we want to go to work for you.
Let's see the meeting of the eight people or our
gazillion people, all of whom are potential employees, or the
(27:41):
people who are sitting around the room that aren't going
to bring in anybody themselves anyway, talking about what could
we possibly do. So later I told him, I said, man,
you sat in a meeting trying to figure out how
to hire people when the how to hire people was
on the phone waiting for you. He says, that's a
(28:01):
bonehead move on my part. Yes, And so once a
month or so. I bring that up to him now,
mostly because it's hilarious now and also because that's my
You know, sometimes opportunity is knocking when you're inside into
meeting trying to figure out how we can create opportunity.
(28:21):
It blows my mind. It absolutely blows my mind. We
will say to people, Hey, come on the air for
me right now. Let me give you a little love
on the air and tell your story. People will love it.
You'll be extremely busy. Oh I can't, I can't, I'm
too busy. What are you busy doing? What exactly are
you meetings? Why do people plan all these meetings? They
(28:45):
can never get anything done? And you know the other thing,
I know it's wrong. People make bad decision in their
personal lives, especially small business owners, because they're so busy
in their work life, so they don't take the time
to figure out, okay, I really need cable or could
I cut the cord and use YouTube TV? How much
would that save me per month? But instead they'll be
(29:07):
over here arguing over what toilet paper they're going to
use to chase your bung hole when you go there,
because they're trying to save a penny a day because
they're in meetings over meeting the other thing. I don't
understand people who take a meeting, lunch, breakfast, dinner, afternoon
because someone asked for it. So I'll say it. Don't
(29:28):
tell him I told you this, Eddie Martinez bad about this.
He'll go, oh, man, I got three I got three means,
and I got to go to I'm going to lunch
with so and so, and he and I will both
know that so and so is a dumb ass. I'm
not talking about anybody in particular. There's a lot of
these people, and it'll be somebody I know, and I'll go,
you don't even like that dumb ass, and he'll go,
I know, I know. But he keeps asking me for lunch,
(29:49):
and I've told him no ten times. I said, why
didn't you tell him no? Eleven? Well, he keeps asking,
and he's this is somebody who you've fired, laid off,
screwed you over, did this, did this? Why are you
going to lunch? Will Well, I'm a nice guy and
(30:12):
you're not. Michael. Yes, but guess what, I'm not stressed out.
Guess what I'm gonna do. I'm gonna go play some pickleball.
I'm gonna go watch a movie. I'm gonna go smoke
a cigar and go. Guess what you're gonna be doing.
You're gonna be in a meeting with a dufish you
don't like. And by the way, you know why he
wants a meeting because he wants to sell you life
insurance or some service, or get hired or get you
(30:34):
to hire somebody else he knows. So now you've wasted
thirty minutes getting there, thirty minutes getting home, an hour
at lunch. It wasn't even enjoyable. So you've burned two
hours of your day and you're playing catch up with
the rest of your life. And so then you don't
have the time to do the things you ought to
be doing, reading your Bible, working out, getting enough sleep.
(30:55):
So you're constantly scrambling and paint paint, playing catch up
in your personal life because you're not setting boundaries in
your professional life. Or maybe maybe telwink Grill, maybe his
boundary was I'm not talking to you. Maybe I'm the
(31:18):
dumb ass. See I didn't think of it that way. Yeah,
that's four dchs. Maybe he was teaching me a lesson
in time management by using me to make the point
as the foil to him who appeared as the dumb
ass but turns out to be the genius man. That's
(31:40):
a whole different level right there. That's Trump and Tom
level machinations right there. That's a whole different level.
Speaker 3 (31:48):
Romond.
Speaker 2 (31:49):
You know what I read this morning. The inventory of
homes available right now. The number of new single family
homes for sale jumped to five hundred eleven thousand in
the month of June. That's the highest since October of seven,
five hundred and eleven thousand, since the twenty twenty low
(32:12):
we had the lowest inventory of homes in the number
of new homes on the market has risen by two
hundred and thirty thousand, or eighty two percent. This doesn't
include all the new homes that are being built that
Black Rock is buying and renting. So you've got people
now living in what looks like a home they own,
(32:35):
but they rent it now. I think that accounts for
some of this, because a lot of people have bad
credit or don't have them, and we got high interest rates,
so that makes it a lot harder to buy right now.
But I think that's some of what's going on. This
is the largest supply of new homes. This bubble is
(32:57):
the largest supply of new homes in history. Read if
you take out the two thousand and six housing bubble, well,
we don't have the two thousand and six housing bubble
issues at play right now, which makes this the second
largest supply of new homes in history and arguably the highest.
If you take out that outlier that's across the country,
(33:18):
you goad, well, must not be that in the South.
It's worse in the South. It's a record three hundred
and twelve thousand, over sixty percent of the new homes
available right now single family are in the South. That
is above the highest ever seen, which was in two
thousand and six in a housing bubble. Just a year
before it crashed, there were two hundred ninety one thousand.
(33:40):
That three hundred and twelve now twenty one thousand more
homes available today. We got a lot of people sitting
on the sideline. We got a lot of houses that
are sitting there, which which costs builders a lot of
money to finish a home and leave it there. We've
got a lot of homeowners trying to get out of homes.
They got equity locked up you've got to lower the
(34:02):
interest rate. You've got to you've got to do it,
and you've got to do it now