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January 29, 2026 22 mins

(January 29, 2026)

Finally a renters market: L.A rent prices drop to four-year low. Millions of travelers skip visiting the U.S is proposed social media policy is implemented, industry experts warn. US life expectancy reached a record high in 2024 as deaths from drug overdose and covid-19 drop. UCLA medical school accused of systematically racist admissions approach.

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Speaker 1 (00:01):
You're listening to bill handle on demand from KFI AM
six forty, like another perfect KF I AM six forty
bill handle.

Speaker 2 (00:19):
Here.

Speaker 1 (00:25):
There you go, there's a button. It is a Thursday.
I know Cono.

Speaker 2 (00:30):
I'll eventually get to eventually get to understand how the
button's working around here. I've been here at KFI since
nineteen eighty nine. Yeah, lovely, huh. When it flipped to
all talk, you know what it used to be station,
you know what the format was, big band, big band
in Farsi, which is a very limited market, and then

(00:54):
it became all talk. And I don't know how I
was at Glenn Millery. I don't know anyway, moving on
and we finally have some news, and I guess it's
good news. The renters mark in LA has actually dropped
to a four year low. Now it has become insane

(01:14):
only insanely expensive where you have no chance to actually
rent the piece of property. Now, for years, LA has
been one of the costliest cities in the country for renters.
Really surprise, huh. Annual price hikes were inevitable. It always
went up. It went up three percent and went five
percent handle on the law. I get questions about the
rents going up ten eight percent year to year. And

(01:38):
the first question I asked rent control and the answer
is no, then you can go up like three percent
in La which has pretty strict rent control. But the
point it still goes up, it's actually gone down. It's
actually gone down. The medium rent in the La Metro
area dropped to a low low two one hundred and

(02:02):
sixty seven dollars in December for a one bedroom. There's
an apartment list company. It's data from this organization and
it says this is the lowest price in four years,
and they analyzed new leases one and two bedroom apartments
in a given month, and the medium price for La

(02:22):
County dropped to a four year low of two thousand
and thirty five dollars. So La City is two thousand
and one sixty seven And the last time La rents
were this low was January of twenty twenty two. And
do you remember during the pandemic when it was far
cheaper to actually buy a home than to rent a
home because interest rates are so low. I mean, I

(02:44):
think they went down to two point seventy nine or
two point seventy five percent for a thirty year loan.
People were scrambling to buy home. So, well, that's done.
We're now at six percent, which is about right. That's
the market should be at about six percent, and so
it's turned around. A lot of people can't afford homes.

(03:05):
Look around us here at KFI, look out the window.
We're in Burbank and these little crackerjack boxes of homes
that you see out the window. Two bedroom, one bedroom homes,
one bath, one and a half baths, eleven hundred square feet,
a million dollars, two hundred thousand dollars down, eight hundred

(03:26):
thousand dollars mortgage. What is that now? Six thousand dollars
a month? I mean, something completely crazy. So back you
go to renting and it has gone down. Why is
it gone down?

Speaker 1 (03:38):
Why? Supply and demand? It's just that simple. It's the market.

Speaker 2 (03:45):
Because we have a population that is coming into LA
and that is less than it used to be. There
aren't enough people out here that want to rent. And
when you have fewer people that want to rent, prices
go down. And that's what's happening. Our population is declining

(04:07):
and those people that do come in can't really afford it.
So what's happening, Well, the prices of rents dropped, and
so construction has increased pretty dramatically because the rents were
going up up, and then there's not an oversupply because
it's still insanely expensive, but it's leveling out. And when

(04:29):
I talk about prices dropping, we're talking three percent, four percent.
I mean nothing that you can really look at. LA
has generally lagged in housing construction compared to San Diego.
For example, twenty twenty five was a big year for
apartments hitting the market, even though hundreds of these multi
family buildings burned up in the Palisades and in the

(04:53):
Eaten fires. And so if you add those apartment buildings
to the mix being available to rent now we're talking about,
the drop would have been pretty substantial. And the rest
of California has remained the same. It's for some reason,
it's La that the rent has dropped more so, and

(05:16):
it could be because La. Maybe I always talk about
it being possible to build in La.

Speaker 1 (05:21):
I have built in La.

Speaker 2 (05:22):
To get the permitting process is completely crazy, and even
that is speeding up a little bit. Karen Bass is
making big moves to make it easier to build, you know,
in Houston, for example, there if I'm not mistaken. There
are no building codes, no zoning codes. They're building codes,
no zoning codes. You can throw up an apartment next

(05:45):
to a house. Now the market and neighbors living in
multimillion dollar homes.

Speaker 1 (05:50):
Can get together and kind of make life miserable.

Speaker 2 (05:53):
But it is certain cities it is so easy to build,
and the permitting process goes very quickly, and in certain
cities there are city employees whose job is to make
it easier to go through the process, and LA is
moving in that direction, which is kind of neat. Either way,

(06:15):
here's the bottom line. You can't afford to rent, you
can't afford to buy. All the good places under bridges
have already been taken. They're not available anymore. The freeway
off ramps are all being taken by folks who have
been there before.

Speaker 1 (06:31):
You're screwed. It's that simple. And not only are not
only are you screwed.

Speaker 2 (06:37):
I'm going to connect that to a segment that I'm
doing at eight thirty this morning, and that is physician
assisted suicide, and I will I'm going to compare the
two No place to Live physician assisted suicide. Ah, there's
a handle connection for you, all right, Trump administration doing

(06:59):
Oh you doing something weird?

Speaker 1 (07:01):
Oh boy, how unusual on this one.

Speaker 2 (07:03):
And I guess usually I talk about unintended consequences.

Speaker 1 (07:09):
Maybe this is intended.

Speaker 2 (07:10):
A proposed rule change would require social media accounts from
information from foreign travelers.

Speaker 1 (07:19):
Coming into the US.

Speaker 2 (07:22):
So not only you're coming in on a visa, let's
say a tourist visa, where you get the information from
countries that demand that we demand visas from where we
want to be. The government wants to know where you're from,
where your family members are, your social media accounts, the
last five years of what you've posted, and then determine
do we want you here or not? Well, The World

(07:45):
Travel and Tourism Council, an organization a global industry group,
surveyed five thousand international residents who regularly travel abroad. One
third would be somewhat or much less like to visit
the US if applicants to the visa waiver program are

(08:06):
required to submit information about their social media accounts another information. Now,
you would think fewer people would come to the United States. Oh, yes,
you would, and you'd be right. According to this organization,
The WTTC World Travel and Tourism Council the potential will
decline fifteen almost sixteen billion dollars in lost visitor spending

(08:30):
as many as four point seven million international arrivals, a
twenty three percent drop in visitors next year, and the
president of the WTTC told CNN in an interview that
this proposed change would cost the US more than one
hundred and fifty thousand jobs and put the US at

(08:53):
a competitive disadvantage. No kidding, and so here is obviously
we know the reason and why the government is doing this,
and it's not to keep tourists out or to destroy
an industry or to lose jobs.

Speaker 1 (09:07):
It's my immigration control.

Speaker 2 (09:09):
Why how many people get tourist visas and overstay their visa?
What percentage do you think of people who are illegal
migrants who are here illegally, came in legally with a
student visa or a work visa or a travel visa
and simply overstayed their visa. I know many, and I'm

(09:33):
not surprised in the number of calls that I have
gotten over the years on Handle on the Law Saturday
mornings from eight till eleven o'clock.

Speaker 1 (09:41):
What do I do?

Speaker 2 (09:41):
Bill, I my family member, a friend, I have overstayed
their visa, and now we don't know what to deal
with how to deal with it. Well, under the Trump administration,
if they catch you chow baby, you're going home, which
didn't happen under Biden or previous administrations to the extent
that it is now. So what it's all about is

(10:02):
controlling immigration, controlling the bad guys that are coming in now.
I don't know the stats, but I'm willing to bet
that the number of foreign visitors who commit crime on
student visas or on tourist visas is pretty low relatives
to the general population. I don't think people come in

(10:24):
on a student visa or a work visa, overstay their
visa and then commit a crime. There just aren't that
many who do that. But what the government is doing,
our government is trying to close all holes in migration
over here. The border is effectively shut down. The border
is closed, you can't get in, you're not going to

(10:47):
be able to apply for asylum. You still are coming
in from certain countries that the president likes. But this system,
this proposed rule change, actually would folk affect travelers coming
in from England, Australia, Japan, Italy, Ireland, Israel, chili qtar

(11:13):
or cutter. Now that changes things dramatically. Now, this is
an online application grants visitors from forty two eligible countries
the right to visit the US for under third ninety
days without a visa. Okay, which is right now, that's

(11:33):
what happening. Happening. And currently visitors who do use this
program in countries that are not of are not what
I'm looking for, are not at the top of the heap,
are not the ones that are exempt for most of
the restrictions. They're asked to supply just information passport numbers,

(11:53):
birthdates prior criminal activity, which is legitimate, and they want
to expand that to where you worked, where you lived,
the people in your family, and five years of social
media content. Now, how the hell who looks at five
years of social media content? Well, there are algorithms out there,

(12:14):
you know. For example, anybody coming to the United States
and looking for a pressure cooker, because we have great
pressure cookers quality, you're done. You're not coming into this country.
If you, for example, have seen a movie just before
you come in, and you do a review and you
tell your friends the movie was a bomb, You're not

(12:35):
coming in. The algorithm is going to say, well, this
person isn't coming in, so there may be holes in it,
but it's simply part of the process that's going all right,
people in the United States can expect to live longer
than ever. Death rates are returning to pre pandemic levels,
and one of them is the pandemic really wiped out

(12:58):
the death rate in terms of life expectancy. Now, life
expectancy has been trending up for decades, and it dropped
by nearly a year and a half.

Speaker 1 (13:09):
I mean, that's a lot of drop.

Speaker 2 (13:10):
In terms of your life expectancy between twenty nineteen and
twenty twenty one. Read pandemic COVID killed enough people that
really affected us. Because we talk about averages here, and
so it's a rebound. We're now back up to average
seventy nine years old in twenty twenty four when you

(13:32):
pop off, and that's.

Speaker 1 (13:35):
The highest it has ever been.

Speaker 2 (13:37):
So let's talk about the ten leading causes of death,
which accounted more for more than seventy percent. We know
this heart disease is number one, cancer is number two.
Now the death rates for the ten leading causes decline dramatically,
particularly a sharp drop in unintentional injuries and part of
unintentional injuries are drug overdose deaths, and those are way down.

(14:03):
And this one you can, I think give present credit
to a couple of things. Lawsuit against a big pharma
pardue in terms of the opiates and producing opiates, also
better education about how dangerous those opiates are, the President

(14:25):
shutting down the borders because the precursor chemicals come in
from for the illegal fentanyl deaths now because it's very
difficult to get opiates from a doctor. And so you
look at what the President has done, you look at
the fentanyl drop, We're doing pretty good. Fentyl and synthetic
opiates are still involved, but way way less. Okay, So

(14:51):
it's really interesting stuff as to the reasons why. But
I'll tell you the downside of living longer. And there
is a downside of living longer.

Speaker 1 (15:00):
And that is the body.

Speaker 2 (15:03):
Our body is not made to live longer evolutionarily speaking,
because medicine has increased the life expectancy so high.

Speaker 1 (15:13):
Because we now.

Speaker 2 (15:15):
Know that good nutrition burritos from Costco, for example, We
know that exercise, not smoking, not drinking, or doing it
moderately helps our death rate go down and our life
expectancy goes up. Put all that together, and we're living

(15:35):
longer now. The way Alzheimer's works and dementia works, you
know what, we haven't done anything to really deal with
it to any great extent. Modern medicine has not been
able to touch or even scratch the surface of dementia
and getting old in terms of your joints. I mean,

(15:58):
I exercise, you know, I'm in a gym with a trainer,
and then yesterday I was there and man, my knees
were hurting, and I was doing squats and I was
crunching my knees. I mean, we just the aches and
pains just hit us. When Social Security was introduced in
nineteen thirty five and the retirement age was sixty five

(16:21):
and now I think it's sixty seven, it's.

Speaker 1 (16:23):
Like nothing in an increase.

Speaker 2 (16:25):
People died at sixty six sixty seven and the Social
Security fund was solvent.

Speaker 1 (16:30):
How many times do you think has been raised over
and over again.

Speaker 2 (16:34):
Where we pay buckets of money for Social Security, we're
not designed to last as long as we do.

Speaker 1 (16:41):
There's a downside to that.

Speaker 2 (16:44):
I've often told you that my mother, for example, died
at ninety eight, and she sucked off the government teat
for so long I couldn't stand it. I go into
her room and scream, die already, you're not doing us
any good here, and she well, she didn't even hear

(17:05):
me because she was in the throes of dementia and
it was basically a vegetable And as much fun as
I make of this, unfortunately it is true. It is
absolutely true. So you're going to live longer. And the
number of kids who are going to be one hundred
years old born today is astronomical to the number of
people who do lift a hundred. Can't wait for that,

(17:27):
because are we going to make big, huge inroads in
dementia and the illnesses of the mind. They're working really
hard at it, really hard, all right. I want to
do a story that actually started me covering this, looking
at this back in the seventies when I was in

(17:48):
law school, and what this is about, Well, it was
one of the first reverse discrimination cases where there was
a white student, David Baki was his name, and he
applied to go to a UC Davis medical school and
he was turned down. An African American was given that spot,

(18:10):
and that African American did not have the same qualifications
pursuant to the requirements of the school, lower test scores,
lower GPA, that sort of thing, and Baki wasn't allowed
in any sued just straight out sued reverse discrimination. You're
a discriminating against because I'm light. Well they cave pretty quickly.

(18:30):
He was in let in the next year, and then
the lawsuits started flying, and the Supreme Court has become
more and more restrictive of using race as a criterion.
And then the school started dancing around the entire issue. Okay,
we're not going to use race per se, We're going
to use race as a factor, and the court said, no,

(18:53):
you can't do that either. And then the recent laws
are saying you can't use race at all, can even
mention it. So how do they get around that, Well,
they look at where you come from, they look at
where you live, and you can tell if someone comes
from a minority neighborhood pretty clearly.

Speaker 1 (19:09):
But so they're saying we're not using race.

Speaker 2 (19:11):
Well, lawsuit against UCLA saying outright, you are using race
and that is illegally that you have a systematically racist
approach to medical school admissions. There's an organization that was
created by a Jewish group but do no ham. Oh no,
wait a second, there's an RN there, do no harm.

Speaker 1 (19:35):
So you laugh, okay, And what is it about. It's
about fighting you.

Speaker 2 (19:41):
Specifically for these kinds of cases.

Speaker 1 (19:45):
The Trump administration has joined saying this is racist.

Speaker 2 (19:50):
You can't deal with this, you can't mention race at all.
Now those that are on the other side of that
are saying, wait a minute, there's still an inequality here
that statistically speaking, African Americans Latinos don't do as well,
not enough students are coming in. Well, the answer to

(20:10):
that is, okay, then why don't we bring up the
qualifications per the school and then they're on an equal footing.
And the reality is the school is going to know
who is racist and not. You know, they're going to know,
for example, that Neil does what he does. And although

(20:32):
Neil's a Latino and Max of course is considered a Latino.

Speaker 1 (20:36):
Did you know that I'm considered Latino.

Speaker 2 (20:40):
By the way, I am legally Latino according to the
the FCC, and my son Max is he's not considered
he is.

Speaker 1 (20:54):
All right, you got the mute on. And so I'm saying, oh,
that's you.

Speaker 2 (20:59):
You have the mute on, Okay, and I'll tell you,
and I'm and I'm considered Latino. By the way, the
stations still have to report to the FEDS as to
the ethnic makeup, or at least they did for until recently,
and I don't know when that rule ended. And you
had to have a certain number of Latinos. Well, I
was born in Brazil. Hahuh, I'm a Latino. Anybody that

(21:21):
comes from South America or has a name like Neil,
you know his real name is Jose and not Neil.
I mean, I said a white name, Neil. Give me
a break.

Speaker 1 (21:36):
So they were My dad was a fan of the
Space program.

Speaker 2 (21:40):
Yes, that's right, that's right, Neil after Neil. Neil did
great singer.

Speaker 1 (21:47):
I get that.

Speaker 2 (21:49):
So the point is, what's going to happen with this lawsuit.
I think this lawsuit is going to fly. There's also
a there was also a proposition that was passed and
I think it was twenty twenty two in which again
affirmative action could not be used. Race cannot be used
at all. You cannot mention race, it can't be part

(22:12):
of the conversation. And the allegation is is that it
is in violation of the law. And we'll see what happens.
I'd have to change. They have to change the name
of the lawsuit. You can't argue the name is we
don't have enough white people in school. You cannot do that.
The courts look down upon that. We're done with that.

(22:33):
KFI Am sixty.

Speaker 1 (22:36):
You've been listening to the Bill Handle Show.

Speaker 2 (22:38):
Catch My Show Monday through Friday, six am to nine am,
and anytime on demand on the iHeartRadio app.

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