July 9, 2024 • 24 mins
KFI's own Tech Reporter Rich DeMuro joins The Bill Handel Show for 'Tech Tuesday'! Rich talks about the colorful new ‘CMF’ smartphones, watches and earbuds at unbelievable prices, facial recognition being used as boarding pass, and Samsung’s BIG event happing today in Paris. States, cities, and counties are ending ‘single-family’ zoning and homeowners aren’t taking it anymore, they’re suing. Is the American elevator the reason why housing costs have skyrocketed?
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
You're listening to Bill Handle on demandfrom KFI AM six forty and this is
KFI Bill Handle here on a veryhot Tuesday morning, July ninth. By
the way, my podcast, brandNew podcast drops today Tuesdays and Thursdays at
nine o'clock and we're well moving forwardbecause the podcasts are well I guess the
(00:26):
wave of the future. Does thatsound legitimate? In addition to the broadcast
we're doing here, so more work, no money anyway, drops today.
Go to the Bill Handleshow podcast dotcom and it is totally different content today
and Thursday. I talk about andyou've heard a little bit about this,
(00:48):
how I came to where I am, starting with my grandparents and their background
and not surviving the Holocaust and myfather clearly surviving the Holocaust and his family
up to come to Brazil, andthen my story Brazil to the United States
and how we got into radio andmy background. Just introduce myself to people,
and so you know, i'd loveyour input on this. By the
(01:11):
way, go to the Bill Handleshowpodcast dot com starting at eight o'clock,
starting at nine o'clock this morning,and you can listen to it anytime of
course, all right, Tech Talkwith Rich tomorrow. Rich has heard Saturday's
eleven to two pm right here onKFI on Instagram, It's Rich on tech
website, Rich on tech dot TV. Good morning, Rich, Hey,
(01:33):
good morning to you. Bill.You are in Putti. Yeah, I
like this time change. It iscurrently five pm here, it's almost happy
hour in Paris. Yeah. Hello, So what are you doing in Paris?
Well, this is where the Olympicsare happening. Samsung is a big
sponsor of the Olympics, so theythought, why not launch their next phones
(01:57):
here in Paris because they've already gotsigns up all over the city advertising Samsung.
So they brought me out here alongwith a bunch of other folks,
and we are going to have anevent tomorrow morning which is called Samsung Unpacked
Galaxy Unpacked, and they are goingto show off their latest foldable phones.
By the way, this is mostlyrumor and speculation at this point. I
(02:20):
don't know exactly what's going to happentomorrow, but foldable phones, also new
earbuds and new watches, plus anew smart ring. This is the first
smart ring from Samsung. It iscompeting with what's called the Aura ring and
smart rings are very very popular thesedays. So Samsung brought you over to
Paris they did, and wow,yes, coach or or business class,
(02:46):
actually premium economy. I took anairline called French b which I requested because
it's brand new, and I willtell you Bill, it was incredible.
It's a brand new airline. That'sI don't know how long they've been flying
from Lax to Paris, but itis a brand new plane at the service
was impeccable. The plane was hadthat new plane smell. We might have
(03:08):
been the first flight over here.I'm not sure. I don't even know.
Maybe the maybe the pilot was newas well. But it was fantastic.
It was pretty new plane. Yeah, I assume it was. I
assume it was an air bus.It was an air bus, and I'm
unusual about France manufactures air buses.Ah, there you go. That's that
makes the difference. I'm telling you. The airbus takeoff is like none other.
(03:30):
It's almost like just floating up intothe sky. So I really do
enjoy that anyway. But yees,So all the Samsung products that they're unveiling
will be tomorrow, and uh,you know, it's a big unveil because
these foldable phones. We've talked aboutthis before, that is the biggest growth
area for all of these mobile phonecompanies because the standard slabs had become pretty
(03:53):
boring at this point, and sopeople are very much interested in these foldables.
A lot of people have not jumpedoff onto them just yet, but
maybe that will change with this latestmodel. This is the sixth generation.
They've been doing this since twenty nineteen. If you can believe it. I
find it astounding just moving away fromtechnology just for a second and going to
(04:14):
the business side of this. Samsungflying you and you happen to know how
many others to Paris for this announcement. I will find out tonight when I
get into the milk room. Butlast year it was it was South Korea
they flew must have been a thousandmore people. It's unbelievable. And I'm
(04:35):
assuming Samsung is one of the chiefsponsors of the Paris Olympics. Yes,
indeed, I can't even imagine howmuch money they are spending on this promotion,
on this campaign. I mean,that's just extraordinary. And so Bill
I was talking with some influencers earliertoday and if you hear how much they
(05:00):
charge for these videos that you seeon Instagram and TikTok just for one video.
It is a lot of money.And so these companies now have changed
the way they market to the consumersbecause the standard advertising, while still effective,
is very expensive and to them,they can target individual folks by doing
(05:23):
these Instagram reels, you know,by doing all this different stuff that's very
different than the standard kind of oldschool advertising business that they used to run.
Yeah, I have heard, andyou can confirm or deny this one,
that some influencers have so many viewersthat they can get one hundred thousand
(05:43):
dollars for a post. I wouldsay that that's probably true for folks that
are up there in the millions,for sure, based on the numbers I
was hearing today, for folks thatare just standard you know, every day
you know influencers. Now, Iwill tell you the top you know tech
YouTuber, a guy named MKBHD.He's got and most of these people do.
(06:09):
Many of them have multiple people ontheir team. I think with MKBHD
last I heard, there was likeat least a dozen people on his team,
and every one of those people ismaking a salary. He's got big
Studios just bought a new studio buildingin New Jersey to do his videos.
So there is a lot of moneyto be made. The world is changing.
Things are changing, and these companiesare adapting to It's a much more
(06:31):
micro. I mean, you launcheda podcast today, you know there's probably
going to be advertising there. Andwhoever likes you and listens to your show,
now they'll be served up ads thatare specific to them based on you
know, their listening profile, andthank you for plugging that. That's at
Bill Handleshow podcast. And the advertisersare lining up right, Yeah, I'm
(06:58):
I'm sure they are. Yeah,yeah, I wish by the way,
in terms of KFI sending us anyplace, they will not pay for the
gas to Pacoima when I do awhen we do a remote broadcast. Just
wanted to point that out. Bythe way, these major podcasters, you
know, they're going business class andI would be very upset if there.
(07:23):
If I were you Rich in Parisright now, Buddy, and he got
on the plane. By the way, Rich, real quickly, are you
going up the Eiffel Tower, upthe on the Eiffel Tower. Yeah,
the best view is from the EiffelTower No, the best view is if
you want to see the Eiffel Towerin the view. You don't want to
(07:44):
be on the or on top ofthe Eiffel Tower. I just want to
bring that out. And it's veryexpensive, by the way, insanely expensive,
and you're going to be in lineforever. Just saying I just if
I can do anything to ruin yourstay, of course I will do that.
Now talking about going to Pair orany place, getting on the plane
and what I have done, Iwent from a paper boarding pass and I
(08:07):
think it was just last year.I now use my iPhone where that's where
you have. I think they havethe QR code on it that the little
reader looks at and now you don'tneed even that. What happened to you?
Yeah, it's pretty wild. SoI took a new airline called French
(08:28):
B to Paris. They fly directfrom Lax. That's what appealed to me.
Also, the time I got inwas very reasonable in the afternoon,
which is nice, so that youhave, you know, you just have
to get through one night of jetlag. Anyway, Lax, by the
way, that huge expansion they didwith like the new terminal, it was
about a twenty minute walk from thefront and where I checked in to the
(08:50):
actual gate, because I was thelast gate of the entire new section.
They warn you, they say it'sa it's at least a fifteen minute walk,
and I was doing it fast anyway. So you're familiar, like you
said, with your phone as yourboarding pass, because now you can add
your boarding pass to your Apple wallet. But this actually took it up a
notch. I had never seen thisbefore. This was a new automated system
(09:13):
for getting on the plane that usesfacial recognition. So now how typically you
get in line and someone scans yourboarding pass on your phone or you actually
just scan your phone on a littlescanner. This is completely different. There's
four or five little lanes that havethese doors in front of them, like
these glass doors, and then acamera with a display, and so you
(09:37):
literally just walk up to this camerawith the display, you put your face
in front of it, and withina second it identifies you. If it's
green, the door's open, youwalk on the plane. You did not
have to show a boarding pass.It's all using facial recognition and biometrics.
Now, if it doesn't recognize you, it turns blue or red, and
(09:58):
that way if that has happens toyou, you got to walk over to
the side and have someone manually scanyour pass make sure it is who you
say you are. But I thoughtthis was pretty amazing because it's super super
fast. You get it four orfive people in at the same time it
would take for one person to scan. Yeah, I'm going to put a
wrench in that one. Okay.So you're zipping through there, and as
you go onto the skyway, youstill have one door and you're boarding one
(10:24):
plane. And if you're not numberone or number two or number ten in
line, that's backed up and allthe technology in the world is not going
to help you get on the plane. Well, I like your positive outlook
on things. Yes, you areright. I was early to board,
so I did not see the hugeline that typically, I agree what happens
(10:45):
with most boarding processes. You finallyget through the little door and the next
thing you know, there's another lineof all the people trying to get on
the plane. Obviously, it dependson how fast people are putting stuff in
the overhead compartment and stuff. Butthe bottom line is that if you are
traveling through LAX at this point,it is very high tech and we're getting
to the point where boarding passes,I mean, the paper boarding pass,
(11:07):
as you know, is going outof fashion. But now even the digital
boarding pass is almost out of fashionbecause most of the time they're asking you
for your ID and they just scanthat. But now they're just starting to
scan your face. And at LAXthey even have the TSA pre check,
which uses your face instead of aboarding pass, and that's going to expand
(11:28):
to a whole bunch of airports,you know, in the next couple of
years. So the reality is allof this stuff is going digital, and
it's even surpassing the smartphone. It'snow just going completely biometric, which I
know some people have a problem withwith facial recognition TSA. They say that
all of this data is deleted assoon as your flight takes off, and
(11:52):
if you want to find a pictureof me, you can absolutely find one
online. Will people try to hackthese systems? Probably sure. Yeah.
For example, I'm gonna try tolook like you and get on an airplane.
In talking about LAX real quickly,which has a reputation of being the
one of the worst airports in theworld. I mean, it's that bad
twenty minute walk and there weren't thosewalkways that you zip along you actually have
(12:18):
to walk. No, it wasactually quite impressed. They did have some
of those walkways. Now they alsohad built up and downstairs. I mean
it is I think what happened isand I didn't really maybe I missed the
story on this, but you know, they had the Tom Bradley terminal,
but then they built this new terminalwhich must be detached from it. And
I think what you're doing is goingunderground. So you go down and then
(12:41):
over and then up again. Yeah. No, I've been there. It's
it's pin in the ass. Itreally is. Okay, and you are
it's pretty big. Yeah, andit's uh anyway, just what else can
I do to be negative your trip? The Eiffel Tower standing in line,
the airplane. Okay, we're goodtoday. We'll talk again. We'll say
the food is good here Bill,the food is good. Well, then
(13:03):
you're talking about the French food onthe airplane. No here like in Paris,
I've had a chance to have ohyeah, well yeah, the French
are very serious about their food,and it is it is extraordinary. All
right. One more thing, realquestion, by the way, one leader
of Avion, Bill sixty two centshere. Just keep that in mind the
(13:24):
next time you pay four bucks inthe States. Okay, all right,
I will like okay, oh,because I think I'm gonna go via Paris
or London in October. I'm tryingto remember, don't remember, all right,
Rich, we'll talk again next Tuesdaywhen you're back in town. I'm
assuming yes, Okay. Now,Oh, here's a fun story I want
(13:46):
to share with you. Well,not so much fun. If you own
a single family dwelling. There isa fight a brewing between people who own
home single family dwellings on single watts, people who would like to buy property
at somewhat of a reasonable price,the state which wants more density because we
(14:11):
need more housing because there isn't muchgood land out there unless you want to
live out and for forefeit land andthe inland empire way out there. And
so what does the state do?Well, by law, here's what the
state did. ADUs additional units onyour property. And they have to say
(14:33):
yes. The zoning board cannot sayno. Building in safety cannot say no,
you are able to build this extraunit on your property. And there
are certain rules and regulations. Hasto be a kitchen device, you know,
a little kitchen at there has tobe a bathroom and a few other
regulations, but hey, they can'tstop you from doing it, because now
(14:54):
you have another unit. Used tobe called granny flats because inevitably granny or
mother in law or whatever would moveinto them. So that's number one.
Now the big one is that zoningwill let your neighbor sell or develop his
or her lot and put multiple dwellingson the lot. Oh boys, So
(15:20):
here you are. You spent bucketsof money buying your property, and you
have a single family dwelling and youhave a nice neighborhood because your neighbor is
next to you also a single familydwelling. And let's say you have a
little bit of a yard or alot of yard. And for example,
I just bought a house in agated community and because that's well, because
(15:43):
I'm paranoid now, but they're singlefamily homes and a lot is reasonably sized.
And let me tell you, Idon't want an apartment building next door.
Who does, Neil? You livein an area which has wonderful homes,
and you have apartment buildings down thestreet in an area where they didn't
(16:06):
exist. All of the homes inmy area are one hundred years old or
more and are on R two orR three lots, And I will tell
you there is not. They keepthinking they're making oh more housing. No,
these things are going for a milliondollars plus for these town homes,
and they're putting people are tearing downthese one hundred beautiful, one hundred year
(16:30):
old craftsman style homes and putting upthese cracker box, ugly square buildings.
Why but it's din but modernized buildings. Yeah, and then say, but
yeah, but they're going for who'sgoing they? Okay, well, let
me ask you this. How muchdoes a single family dwelling go for?
(16:52):
If it's a million dollars for oneof four units, you want one unit
on a lot, it has tobe astronomical. I know that you bought
your property and it's worth probably eightypercent more than when you bought it,
If not one hundred percent more,Oh, it's well over one hundred it's
more than doubled, maybe tripled.Okay, I mean it's because you have
(17:15):
a single family dwelling, you've andquadrupled. Okay, Yeah, it's a
it's a lovely home. It's old. I mean old, I mean really
old. It's one and twelve yearsold. Well it's one hundred and twelve
years old. Yeah, yeah,okay, yeah, I think this twelve
yeah, was built in nineteen twelve. Okay, So let me do this.
What are people doing? They goto the city and the planning Commission
(17:41):
and the zoning people. Zoning peopledon't say no. They let the multiple
dwellings go up, and they haveto because you can't say no. So
what they're doing is going to courtbecause zoning is now allowed, and the
developers really file those environmental impact studies. You don't know what traffic is going
(18:03):
to be like. You don't knowhow busy and overcrowded the schools are going
to be like in that area.The sewage system is not going to be
overrun. So they go to court, and are they going to win?
They share hope. So because ona governmental level not helping at all.
If you're buying a single family home, I got to tell you I it
(18:25):
was not cheap my home. Itreally wasn't that I built or that I
bought. It's twelve years old.It has a decent sized lot. If
they build apartments next to me.My property values are going to drop,
drop, drop, and I'm notvery happy about it. Now, if
I were to buy a one ofthe units next door to my house,
(18:47):
I'd go I'd argue the other way. Look at the argument. There's a
good argument for one, there's agood argument for the opposite. And we
don't know which way it's going togo. We don't we'll find out.
Court cases are just starting now.I want to end the show with housing.
I love talking about housing because Ijust bought a house and we talk
(19:10):
about it, Neil and I.We just finished talking about it the last
segment, and I'm going to connectthe cost of housing with elevators. And
I know you're sort of looking andlet me explain something about the cost of
housing. Now. This is multifamilydwellings clearly, although during the break,
(19:30):
Michelle was saying in her neighborhood,town homes near her this project that was
going up have elevators and this isnot uncommon now, elevators in town homes
or homes where they put the forexample, the garage part of the house
underneath the house, so you've gotout of the garage first story, second
(19:52):
story, and people are putting inelevators, and they're expensive, and I
mean expensive. For example, inNew York, an elevator, a four
stop elevator, just four stops,which you have some residences have cost one
(20:14):
hundred and fifty eight thousand dollars.That same elevator in Switzerland is thirty six
thousand dollars. The costs are astronomical. And now why do I bring this
up. Well, because you havemulti family dwellings that they're selling individually,
and the cost of elevators are soastronomical. Here in the States, it
(20:34):
actually adds major costs to the housingproject. And why is this Well,
because the regulations are the city.You've got local regulations, you've got local
inspectors. In Europe, it isall one law that controls the elevator's company,
the elevators that are being put in. Also, when I built a
(20:56):
Persian palace, I put in anelevator and I it was ridiculous. Would
I do it again? I don'tthink so. I once ran into an
elevator guy. They were repairing anelevator here in the building. And do
you have any idea what elevator peoplemake? It's probably the best union on
(21:17):
the planet. Thirty years ago.It was sixty five seventy dollars an hour,
is what these guys got. Theydon't do that in Europe. The
unions aren't that strong in Europe.Elevator costs are so astronomical. You know.
I, well, I'd like togo through it. Maybe I'll have
(21:37):
to do this on Monday, becausethere's a bunch of history to this.
Elevator was invented here in the UnitedStates. Elijah Otis invented the elevator.
You've heard of the Otis Elevator Company. It's one of the most famous elevator
companies eighteen fifty two. It's onehundred and seventy five years old and it's
(22:02):
still in operation. And he becamevery wealthy. And it used to be
that in a three four five storyresidence, the most expensive units were at
the bottom because you didn't have towalk up the stairs. That completely reversed.
What do you think you pay forfor a unit that's on top of
(22:26):
the building that is completely reversed.So I'm going to get into it more
because there's history here and I don'thave time, and I want to call.
I'll do this on Monday because there'sa world to this. I just
don't have time to do it.Hey gry yeah, real quickly. You
keep saying Bill Handle Show podcast website. It is the you have to put
(22:48):
the Oh okay, Bill Handleshow podcastdot com, The Bill Handle Show.
Thank you for that. Thank you? Okay, so thanks to Nick who
was uh pointing that as what well, I thank you for that because people
wouldn't get it, and frankly Iforgot it. So podcast drops in just
a few moments. My first one, the bill the build it can I
(23:14):
I mispronounced my own name. TheBill Handle Show podcast dot com. I
actually get paid for talking on theradio. It's a frightening concept. The
Bill Handle Show Podcasts dot com.All right, we started again tomorrow right
(23:36):
here Amy Amy at five o'clock withwake up call Amy, Yeah a m
y okay, uh walk up heelyeah, every morning starting at five am,
and then and then Nell and Icome aboard at six o'clock. Kf
(23:56):
I AM six forty The Bill HandleShow podcast dot Com KFI AM six forty
live everywhere on the iHeartRadio app.You've been listening to The Bill Handle Show
Catch my show Monday through Friday,six am to nine AM and anytime on
demand on the iHeartRadio app.
You're listening to Bill Handle on demandfrom KFI AM six forty and this is
KFI Bill Handle here on a veryhot Tuesday morning, July ninth. By
the way, my podcast, brandNew podcast drops today Tuesdays and Thursdays at
nine o'clock and we're well moving forwardbecause the podcasts are well I guess the
(00:26):
wave of the future. Does thatsound legitimate? In addition to the broadcast
we're doing here, so more work, no money anyway, drops today.
Go to the Bill Handleshow podcast dotcom and it is totally different content today
and Thursday. I talk about andyou've heard a little bit about this,
(00:48):
how I came to where I am, starting with my grandparents and their background
and not surviving the Holocaust and myfather clearly surviving the Holocaust and his family
up to come to Brazil, andthen my story Brazil to the United States
and how we got into radio andmy background. Just introduce myself to people,
and so you know, i'd loveyour input on this. By the
(01:11):
way, go to the Bill Handleshowpodcast dot com starting at eight o'clock,
starting at nine o'clock this morning,and you can listen to it anytime of
course, all right, Tech Talkwith Rich tomorrow. Rich has heard Saturday's
eleven to two pm right here onKFI on Instagram, It's Rich on tech
website, Rich on tech dot TV. Good morning, Rich, Hey,
(01:33):
good morning to you. Bill.You are in Putti. Yeah, I
like this time change. It iscurrently five pm here, it's almost happy
hour in Paris. Yeah. Hello, So what are you doing in Paris?
Well, this is where the Olympicsare happening. Samsung is a big
sponsor of the Olympics, so theythought, why not launch their next phones
(01:57):
here in Paris because they've already gotsigns up all over the city advertising Samsung.
So they brought me out here alongwith a bunch of other folks,
and we are going to have anevent tomorrow morning which is called Samsung Unpacked
Galaxy Unpacked, and they are goingto show off their latest foldable phones.
By the way, this is mostlyrumor and speculation at this point. I
(02:20):
don't know exactly what's going to happentomorrow, but foldable phones, also new
earbuds and new watches, plus anew smart ring. This is the first
smart ring from Samsung. It iscompeting with what's called the Aura ring and
smart rings are very very popular thesedays. So Samsung brought you over to
Paris they did, and wow,yes, coach or or business class,
(02:46):
actually premium economy. I took anairline called French b which I requested because
it's brand new, and I willtell you Bill, it was incredible.
It's a brand new airline. That'sI don't know how long they've been flying
from Lax to Paris, but itis a brand new plane at the service
was impeccable. The plane was hadthat new plane smell. We might have
(03:08):
been the first flight over here.I'm not sure. I don't even know.
Maybe the maybe the pilot was newas well. But it was fantastic.
It was pretty new plane. Yeah, I assume it was. I
assume it was an air bus.It was an air bus, and I'm
unusual about France manufactures air buses.Ah, there you go. That's that
makes the difference. I'm telling you. The airbus takeoff is like none other.
(03:30):
It's almost like just floating up intothe sky. So I really do
enjoy that anyway. But yees,So all the Samsung products that they're unveiling
will be tomorrow, and uh,you know, it's a big unveil because
these foldable phones. We've talked aboutthis before, that is the biggest growth
area for all of these mobile phonecompanies because the standard slabs had become pretty
(03:53):
boring at this point, and sopeople are very much interested in these foldables.
A lot of people have not jumpedoff onto them just yet, but
maybe that will change with this latestmodel. This is the sixth generation.
They've been doing this since twenty nineteen. If you can believe it. I
find it astounding just moving away fromtechnology just for a second and going to
(04:14):
the business side of this. Samsungflying you and you happen to know how
many others to Paris for this announcement. I will find out tonight when I
get into the milk room. Butlast year it was it was South Korea
they flew must have been a thousandmore people. It's unbelievable. And I'm
(04:35):
assuming Samsung is one of the chiefsponsors of the Paris Olympics. Yes,
indeed, I can't even imagine howmuch money they are spending on this promotion,
on this campaign. I mean,that's just extraordinary. And so Bill
I was talking with some influencers earliertoday and if you hear how much they
(05:00):
charge for these videos that you seeon Instagram and TikTok just for one video.
It is a lot of money.And so these companies now have changed
the way they market to the consumersbecause the standard advertising, while still effective,
is very expensive and to them,they can target individual folks by doing
(05:23):
these Instagram reels, you know,by doing all this different stuff that's very
different than the standard kind of oldschool advertising business that they used to run.
Yeah, I have heard, andyou can confirm or deny this one,
that some influencers have so many viewersthat they can get one hundred thousand
(05:43):
dollars for a post. I wouldsay that that's probably true for folks that
are up there in the millions,for sure, based on the numbers I
was hearing today, for folks thatare just standard you know, every day
you know influencers. Now, Iwill tell you the top you know tech
YouTuber, a guy named MKBHD.He's got and most of these people do.
(06:09):
Many of them have multiple people ontheir team. I think with MKBHD
last I heard, there was likeat least a dozen people on his team,
and every one of those people ismaking a salary. He's got big
Studios just bought a new studio buildingin New Jersey to do his videos.
So there is a lot of moneyto be made. The world is changing.
Things are changing, and these companiesare adapting to It's a much more
(06:31):
micro. I mean, you launcheda podcast today, you know there's probably
going to be advertising there. Andwhoever likes you and listens to your show,
now they'll be served up ads thatare specific to them based on you
know, their listening profile, andthank you for plugging that. That's at
Bill Handleshow podcast. And the advertisersare lining up right, Yeah, I'm
(06:58):
I'm sure they are. Yeah,yeah, I wish by the way,
in terms of KFI sending us anyplace, they will not pay for the
gas to Pacoima when I do awhen we do a remote broadcast. Just
wanted to point that out. Bythe way, these major podcasters, you
know, they're going business class andI would be very upset if there.
(07:23):
If I were you Rich in Parisright now, Buddy, and he got
on the plane. By the way, Rich, real quickly, are you
going up the Eiffel Tower, upthe on the Eiffel Tower. Yeah,
the best view is from the EiffelTower No, the best view is if
you want to see the Eiffel Towerin the view. You don't want to
(07:44):
be on the or on top ofthe Eiffel Tower. I just want to
bring that out. And it's veryexpensive, by the way, insanely expensive,
and you're going to be in lineforever. Just saying I just if
I can do anything to ruin yourstay, of course I will do that.
Now talking about going to Pair orany place, getting on the plane
and what I have done, Iwent from a paper boarding pass and I
(08:07):
think it was just last year.I now use my iPhone where that's where
you have. I think they havethe QR code on it that the little
reader looks at and now you don'tneed even that. What happened to you?
Yeah, it's pretty wild. SoI took a new airline called French
(08:28):
B to Paris. They fly directfrom Lax. That's what appealed to me.
Also, the time I got inwas very reasonable in the afternoon,
which is nice, so that youhave, you know, you just have
to get through one night of jetlag. Anyway, Lax, by the
way, that huge expansion they didwith like the new terminal, it was
about a twenty minute walk from thefront and where I checked in to the
(08:50):
actual gate, because I was thelast gate of the entire new section.
They warn you, they say it'sa it's at least a fifteen minute walk,
and I was doing it fast anyway. So you're familiar, like you
said, with your phone as yourboarding pass, because now you can add
your boarding pass to your Apple wallet. But this actually took it up a
notch. I had never seen thisbefore. This was a new automated system
(09:13):
for getting on the plane that usesfacial recognition. So now how typically you
get in line and someone scans yourboarding pass on your phone or you actually
just scan your phone on a littlescanner. This is completely different. There's
four or five little lanes that havethese doors in front of them, like
these glass doors, and then acamera with a display, and so you
(09:37):
literally just walk up to this camerawith the display, you put your face
in front of it, and withina second it identifies you. If it's
green, the door's open, youwalk on the plane. You did not
have to show a boarding pass.It's all using facial recognition and biometrics.
Now, if it doesn't recognize you, it turns blue or red, and
(09:58):
that way if that has happens toyou, you got to walk over to
the side and have someone manually scanyour pass make sure it is who you
say you are. But I thoughtthis was pretty amazing because it's super super
fast. You get it four orfive people in at the same time it
would take for one person to scan. Yeah, I'm going to put a
wrench in that one. Okay.So you're zipping through there, and as
you go onto the skyway, youstill have one door and you're boarding one
(10:24):
plane. And if you're not numberone or number two or number ten in
line, that's backed up and allthe technology in the world is not going
to help you get on the plane. Well, I like your positive outlook
on things. Yes, you areright. I was early to board,
so I did not see the hugeline that typically, I agree what happens
(10:45):
with most boarding processes. You finallyget through the little door and the next
thing you know, there's another lineof all the people trying to get on
the plane. Obviously, it dependson how fast people are putting stuff in
the overhead compartment and stuff. Butthe bottom line is that if you are
traveling through LAX at this point,it is very high tech and we're getting
to the point where boarding passes,I mean, the paper boarding pass,
(11:07):
as you know, is going outof fashion. But now even the digital
boarding pass is almost out of fashionbecause most of the time they're asking you
for your ID and they just scanthat. But now they're just starting to
scan your face. And at LAXthey even have the TSA pre check,
which uses your face instead of aboarding pass, and that's going to expand
(11:28):
to a whole bunch of airports,you know, in the next couple of
years. So the reality is allof this stuff is going digital, and
it's even surpassing the smartphone. It'snow just going completely biometric, which I
know some people have a problem withwith facial recognition TSA. They say that
all of this data is deleted assoon as your flight takes off, and
(11:52):
if you want to find a pictureof me, you can absolutely find one
online. Will people try to hackthese systems? Probably sure. Yeah.
For example, I'm gonna try tolook like you and get on an airplane.
In talking about LAX real quickly,which has a reputation of being the
one of the worst airports in theworld. I mean, it's that bad
twenty minute walk and there weren't thosewalkways that you zip along you actually have
(12:18):
to walk. No, it wasactually quite impressed. They did have some
of those walkways. Now they alsohad built up and downstairs. I mean
it is I think what happened isand I didn't really maybe I missed the
story on this, but you know, they had the Tom Bradley terminal,
but then they built this new terminalwhich must be detached from it. And
I think what you're doing is goingunderground. So you go down and then
(12:41):
over and then up again. Yeah. No, I've been there. It's
it's pin in the ass. Itreally is. Okay, and you are
it's pretty big. Yeah, andit's uh anyway, just what else can
I do to be negative your trip? The Eiffel Tower standing in line,
the airplane. Okay, we're goodtoday. We'll talk again. We'll say
the food is good here Bill,the food is good. Well, then
(13:03):
you're talking about the French food onthe airplane. No here like in Paris,
I've had a chance to have ohyeah, well yeah, the French
are very serious about their food,and it is it is extraordinary. All
right. One more thing, realquestion, by the way, one leader
of Avion, Bill sixty two centshere. Just keep that in mind the
(13:24):
next time you pay four bucks inthe States. Okay, all right,
I will like okay, oh,because I think I'm gonna go via Paris
or London in October. I'm tryingto remember, don't remember, all right,
Rich, we'll talk again next Tuesdaywhen you're back in town. I'm
assuming yes, Okay. Now,Oh, here's a fun story I want
(13:46):
to share with you. Well,not so much fun. If you own
a single family dwelling. There isa fight a brewing between people who own
home single family dwellings on single watts, people who would like to buy property
at somewhat of a reasonable price,the state which wants more density because we
(14:11):
need more housing because there isn't muchgood land out there unless you want to
live out and for forefeit land andthe inland empire way out there. And
so what does the state do?Well, by law, here's what the
state did. ADUs additional units onyour property. And they have to say
(14:33):
yes. The zoning board cannot sayno. Building in safety cannot say no,
you are able to build this extraunit on your property. And there
are certain rules and regulations. Hasto be a kitchen device, you know,
a little kitchen at there has tobe a bathroom and a few other
regulations, but hey, they can'tstop you from doing it, because now
(14:54):
you have another unit. Used tobe called granny flats because inevitably granny or
mother in law or whatever would moveinto them. So that's number one.
Now the big one is that zoningwill let your neighbor sell or develop his
or her lot and put multiple dwellingson the lot. Oh boys, So
(15:20):
here you are. You spent bucketsof money buying your property, and you
have a single family dwelling and youhave a nice neighborhood because your neighbor is
next to you also a single familydwelling. And let's say you have a
little bit of a yard or alot of yard. And for example,
I just bought a house in agated community and because that's well, because
(15:43):
I'm paranoid now, but they're singlefamily homes and a lot is reasonably sized.
And let me tell you, Idon't want an apartment building next door.
Who does, Neil? You livein an area which has wonderful homes,
and you have apartment buildings down thestreet in an area where they didn't
(16:06):
exist. All of the homes inmy area are one hundred years old or
more and are on R two orR three lots, And I will tell
you there is not. They keepthinking they're making oh more housing. No,
these things are going for a milliondollars plus for these town homes,
and they're putting people are tearing downthese one hundred beautiful, one hundred year
(16:30):
old craftsman style homes and putting upthese cracker box, ugly square buildings.
Why but it's din but modernized buildings. Yeah, and then say, but
yeah, but they're going for who'sgoing they? Okay, well, let
me ask you this. How muchdoes a single family dwelling go for?
(16:52):
If it's a million dollars for oneof four units, you want one unit
on a lot, it has tobe astronomical. I know that you bought
your property and it's worth probably eightypercent more than when you bought it,
If not one hundred percent more,Oh, it's well over one hundred it's
more than doubled, maybe tripled.Okay, I mean it's because you have
(17:15):
a single family dwelling, you've andquadrupled. Okay, Yeah, it's a
it's a lovely home. It's old. I mean old, I mean really
old. It's one and twelve yearsold. Well it's one hundred and twelve
years old. Yeah, yeah,okay, yeah, I think this twelve
yeah, was built in nineteen twelve. Okay, So let me do this.
What are people doing? They goto the city and the planning Commission
(17:41):
and the zoning people. Zoning peopledon't say no. They let the multiple
dwellings go up, and they haveto because you can't say no. So
what they're doing is going to courtbecause zoning is now allowed, and the
developers really file those environmental impact studies. You don't know what traffic is going
(18:03):
to be like. You don't knowhow busy and overcrowded the schools are going
to be like in that area.The sewage system is not going to be
overrun. So they go to court, and are they going to win?
They share hope. So because ona governmental level not helping at all.
If you're buying a single family home, I got to tell you I it
(18:25):
was not cheap my home. Itreally wasn't that I built or that I
bought. It's twelve years old.It has a decent sized lot. If
they build apartments next to me.My property values are going to drop,
drop, drop, and I'm notvery happy about it. Now, if
I were to buy a one ofthe units next door to my house,
(18:47):
I'd go I'd argue the other way. Look at the argument. There's a
good argument for one, there's agood argument for the opposite. And we
don't know which way it's going togo. We don't we'll find out.
Court cases are just starting now.I want to end the show with housing.
I love talking about housing because Ijust bought a house and we talk
(19:10):
about it, Neil and I.We just finished talking about it the last
segment, and I'm going to connectthe cost of housing with elevators. And
I know you're sort of looking andlet me explain something about the cost of
housing. Now. This is multifamilydwellings clearly, although during the break,
(19:30):
Michelle was saying in her neighborhood,town homes near her this project that was
going up have elevators and this isnot uncommon now, elevators in town homes
or homes where they put the forexample, the garage part of the house
underneath the house, so you've gotout of the garage first story, second
(19:52):
story, and people are putting inelevators, and they're expensive, and I
mean expensive. For example, inNew York, an elevator, a four
stop elevator, just four stops,which you have some residences have cost one
(20:14):
hundred and fifty eight thousand dollars.That same elevator in Switzerland is thirty six
thousand dollars. The costs are astronomical. And now why do I bring this
up. Well, because you havemulti family dwellings that they're selling individually,
and the cost of elevators are soastronomical. Here in the States, it
(20:34):
actually adds major costs to the housingproject. And why is this Well,
because the regulations are the city.You've got local regulations, you've got local
inspectors. In Europe, it isall one law that controls the elevator's company,
the elevators that are being put in. Also, when I built a
(20:56):
Persian palace, I put in anelevator and I it was ridiculous. Would
I do it again? I don'tthink so. I once ran into an
elevator guy. They were repairing anelevator here in the building. And do
you have any idea what elevator peoplemake? It's probably the best union on
(21:17):
the planet. Thirty years ago.It was sixty five seventy dollars an hour,
is what these guys got. Theydon't do that in Europe. The
unions aren't that strong in Europe.Elevator costs are so astronomical. You know.
I, well, I'd like togo through it. Maybe I'll have
(21:37):
to do this on Monday, becausethere's a bunch of history to this.
Elevator was invented here in the UnitedStates. Elijah Otis invented the elevator.
You've heard of the Otis Elevator Company. It's one of the most famous elevator
companies eighteen fifty two. It's onehundred and seventy five years old and it's
(22:02):
still in operation. And he becamevery wealthy. And it used to be
that in a three four five storyresidence, the most expensive units were at
the bottom because you didn't have towalk up the stairs. That completely reversed.
What do you think you pay forfor a unit that's on top of
(22:26):
the building that is completely reversed.So I'm going to get into it more
because there's history here and I don'thave time, and I want to call.
I'll do this on Monday because there'sa world to this. I just
don't have time to do it.Hey gry yeah, real quickly. You
keep saying Bill Handle Show podcast website. It is the you have to put
(22:48):
the Oh okay, Bill Handleshow podcastdot com, The Bill Handle Show.
Thank you for that. Thank you? Okay, so thanks to Nick who
was uh pointing that as what well, I thank you for that because people
wouldn't get it, and frankly Iforgot it. So podcast drops in just
a few moments. My first one, the bill the build it can I
(23:14):
I mispronounced my own name. TheBill Handle Show podcast dot com. I
actually get paid for talking on theradio. It's a frightening concept. The
Bill Handle Show Podcasts dot com.All right, we started again tomorrow right
(23:36):
here Amy Amy at five o'clock withwake up call Amy, Yeah a m
y okay, uh walk up heelyeah, every morning starting at five am,
and then and then Nell and Icome aboard at six o'clock. Kf
(23:56):
I AM six forty The Bill HandleShow podcast dot Com KFI AM six forty
live everywhere on the iHeartRadio app.You've been listening to The Bill Handle Show
Catch my show Monday through Friday,six am to nine AM and anytime on
demand on the iHeartRadio app.
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