Latest / The Bill Handel Show / Los Angeles Rent Prices Drop | UCLA Medical School Racist Admissions

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Los Angeles Rent Prices Drop | UCLA Medical School Racist Admissions · The Bill Handel Show

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  Speaker 2: nineteen eighty nine. Yeah, lovely, huh. When it flipped to
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  Speaker 2: was at Glenn Millery. I don't know anyway, moving on
• 1:03
  Speaker 2: and we finally have some news, and I guess it's
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  Speaker 2: good news. The renters mark in LA has actually dropped
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  Speaker 2: to a four year low. Now it has become insane
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  Speaker 2: only insanely expensive where you have no chance to actually
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  Speaker 2: rent the piece of property. Now, for years, LA has
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  Speaker 2: been one of the costliest cities in the country for renters.
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  Speaker 2: Really surprise, huh. Annual price hikes were inevitable. It always
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  Speaker 2: went up. It went up three percent and went five
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  Speaker 2: percent handle on the law. I get questions about the
• 1:33
  Speaker 2: rents going up ten eight percent year to year. And
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  Speaker 2: the first question I asked rent control and the answer
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  Speaker 2: is no, then you can go up like three percent
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  Speaker 2: in La which has pretty strict rent control. But the
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  Speaker 2: point it still goes up, it's actually gone down. It's
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  Speaker 2: actually gone down. The medium rent in the La Metro
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  Speaker 2: area dropped to a low low two one hundred and
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  Speaker 2: sixty seven dollars in December for a one bedroom. There's
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  Speaker 2: an apartment list company. It's data from this organization and
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  Speaker 2: it says this is the lowest price in four years,
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  Speaker 2: and they analyzed new leases one and two bedroom apartments
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  Speaker 2: in a given month, and the medium price for La
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  Speaker 2: County dropped to a four year low of two thousand
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  Speaker 2: and thirty five dollars. So La City is two thousand
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  Speaker 2: and one sixty seven And the last time La rents
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  Speaker 2: were this low was January of twenty twenty two. And
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  Speaker 2: do you remember during the pandemic when it was far
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  Speaker 2: cheaper to actually buy a home than to rent a
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  Speaker 2: home because interest rates are so low. I mean, I
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  Speaker 2: think they went down to two point seventy nine or
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  Speaker 2: two point seventy five percent for a thirty year loan.
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  Speaker 2: People were scrambling to buy home. So, well, that's done.
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  Speaker 2: We're now at six percent, which is about right. That's
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  Speaker 2: the market should be at about six percent, and so
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  Speaker 2: it's turned around. A lot of people can't afford homes.
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  Speaker 2: Look around us here at KFI, look out the window.
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  Speaker 2: We're in Burbank and these little crackerjack boxes of homes
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  Speaker 2: that you see out the window. Two bedroom, one bedroom homes,
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  Speaker 2: one bath, one and a half baths, eleven hundred square feet,
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  Speaker 2: a million dollars, two hundred thousand dollars down, eight hundred
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  Speaker 2: thousand dollars mortgage. What is that now? Six thousand dollars
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  Speaker 2: a month? I mean, something completely crazy. So back you
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  Speaker 2: go to renting and it has gone down. Why is
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  Speaker 2: it gone down?
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  Speaker 1: Why? Supply and demand? It's just that simple. It's the market.
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  Speaker 2: Because we have a population that is coming into LA
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  Speaker 2: and that is less than it used to be. There
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  Speaker 2: aren't enough people out here that want to rent. And
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  Speaker 2: when you have fewer people that want to rent, prices
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  Speaker 2: go down. And that's what's happening. Our population is declining
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  Speaker 2: and those people that do come in can't really afford it.
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  Speaker 2: So what's happening, Well, the prices of rents dropped, and
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  Speaker 2: so construction has increased pretty dramatically because the rents were
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  Speaker 2: going up up, and then there's not an oversupply because
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  Speaker 2: it's still insanely expensive, but it's leveling out. And when
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  Speaker 2: I talk about prices dropping, we're talking three percent, four percent.
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  Speaker 2: I mean nothing that you can really look at. LA
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  Speaker 2: has generally lagged in housing construction compared to San Diego.
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  Speaker 2: For example, twenty twenty five was a big year for
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  Speaker 2: apartments hitting the market, even though hundreds of these multi
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  Speaker 2: family buildings burned up in the Palisades and in the
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  Speaker 2: Eaten fires. And so if you add those apartment buildings
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  Speaker 2: to the mix being available to rent now we're talking about,
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  Speaker 2: the drop would have been pretty substantial. And the rest
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  Speaker 2: of California has remained the same. It's for some reason,
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  Speaker 2: it's La that the rent has dropped more so, and
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  Speaker 2: it could be because La. Maybe I always talk about
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  Speaker 2: it being possible to build in La.
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  Speaker 1: I have built in La.
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  Speaker 2: To get the permitting process is completely crazy, and even
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  Speaker 2: that is speeding up a little bit. Karen Bass is
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  Speaker 2: making big moves to make it easier to build, you know,
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  Speaker 2: in Houston, for example, there if I'm not mistaken. There
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  Speaker 2: are no building codes, no zoning codes. They're building codes,
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  Speaker 2: no zoning codes. You can throw up an apartment next
• 5:45
  Speaker 2: to a house. Now the market and neighbors living in
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  Speaker 2: multimillion dollar homes.
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  Speaker 1: Can get together and kind of make life miserable.
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  Speaker 2: But it is certain cities it is so easy to build,
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  Speaker 2: and the permitting process goes very quickly, and in certain
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  Speaker 2: cities there are city employees whose job is to make
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  Speaker 2: it easier to go through the process, and LA is
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  Speaker 2: moving in that direction, which is kind of neat. Either way,
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  Speaker 2: here's the bottom line. You can't afford to rent, you
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  Speaker 2: can't afford to buy. All the good places under bridges
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  Speaker 2: have already been taken. They're not available anymore. The freeway
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  Speaker 2: off ramps are all being taken by folks who have
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  Speaker 2: been there before.
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  Speaker 1: You're screwed. It's that simple. And not only are not
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  Speaker 1: only are you screwed.
• 6:37
  Speaker 2: I'm going to connect that to a segment that I'm
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  Speaker 2: doing at eight thirty this morning, and that is physician
• 6:43
  Speaker 2: assisted suicide, and I will I'm going to compare the
• 6:47
  Speaker 2: two No place to Live physician assisted suicide. Ah, there's
• 6:54
  Speaker 2: a handle connection for you, all right, Trump administration doing
• 6:59
  Speaker 2: Oh you doing something weird?
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  Speaker 1: Oh boy, how unusual on this one.
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  Speaker 2: And I guess usually I talk about unintended consequences.
• 7:09
  Speaker 1: Maybe this is intended.
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  Speaker 2: A proposed rule change would require social media accounts from
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  Speaker 2: information from foreign travelers.
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  Speaker 1: Coming into the US.
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  Speaker 2: So not only you're coming in on a visa, let's
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  Speaker 2: say a tourist visa, where you get the information from
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  Speaker 2: countries that demand that we demand visas from where we
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  Speaker 2: want to be. The government wants to know where you're from,
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  Speaker 2: where your family members are, your social media accounts, the
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  Speaker 2: last five years of what you've posted, and then determine
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  Speaker 2: do we want you here or not? Well, The World
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  Speaker 2: Travel and Tourism Council, an organization a global industry group,
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  Speaker 2: surveyed five thousand international residents who regularly travel abroad. One
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  Speaker 2: third would be somewhat or much less like to visit
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  Speaker 2: the US if applicants to the visa waiver program are
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  Speaker 2: required to submit information about their social media accounts another information. Now,
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  Speaker 2: you would think fewer people would come to the United States. Oh, yes,
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  Speaker 2: you would, and you'd be right. According to this organization,
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  Speaker 2: The WTTC World Travel and Tourism Council the potential will
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  Speaker 2: decline fifteen almost sixteen billion dollars in lost visitor spending
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  Speaker 2: as many as four point seven million international arrivals, a
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  Speaker 2: twenty three percent drop in visitors next year, and the
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  Speaker 2: president of the WTTC told CNN in an interview that
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  Speaker 2: this proposed change would cost the US more than one
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  Speaker 2: hundred and fifty thousand jobs and put the US at
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  Speaker 2: a competitive disadvantage. No kidding, and so here is obviously
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  Speaker 2: we know the reason and why the government is doing this,
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  Speaker 2: and it's not to keep tourists out or to destroy
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  Speaker 2: an industry or to lose jobs.
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  Speaker 1: It's my immigration control.
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  Speaker 2: Why how many people get tourist visas and overstay their visa?
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  Speaker 2: What percentage do you think of people who are illegal
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  Speaker 2: migrants who are here illegally, came in legally with a
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  Speaker 2: student visa or a work visa or a travel visa
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  Speaker 2: and simply overstayed their visa. I know many, and I'm
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  Speaker 2: not surprised in the number of calls that I have
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  Speaker 2: gotten over the years on Handle on the Law Saturday
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  Speaker 2: mornings from eight till eleven o'clock.
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  Speaker 1: What do I do?
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  Speaker 2: Bill, I my family member, a friend, I have overstayed
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  Speaker 2: their visa, and now we don't know what to deal
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  Speaker 2: with how to deal with it. Well, under the Trump administration,
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  Speaker 2: if they catch you chow baby, you're going home, which
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  Speaker 2: didn't happen under Biden or previous administrations to the extent
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  Speaker 2: that it is now. So what it's all about is
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  Speaker 2: controlling immigration, controlling the bad guys that are coming in now.
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  Speaker 2: I don't know the stats, but I'm willing to bet
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  Speaker 2: that the number of foreign visitors who commit crime on
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  Speaker 2: student visas or on tourist visas is pretty low relatives
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  Speaker 2: to the general population. I don't think people come in
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  Speaker 2: on a student visa or a work visa, overstay their
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  Speaker 2: visa and then commit a crime. There just aren't that
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  Speaker 2: many who do that. But what the government is doing,
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  Speaker 2: our government is trying to close all holes in migration
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  Speaker 2: over here. The border is effectively shut down. The border
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  Speaker 2: is closed, you can't get in, you're not going to
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  Speaker 2: be able to apply for asylum. You still are coming
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  Speaker 2: in from certain countries that the president likes. But this system,
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  Speaker 2: this proposed rule change, actually would folk affect travelers coming
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  Speaker 2: in from England, Australia, Japan, Italy, Ireland, Israel, chili qtar
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  Speaker 2: or cutter. Now that changes things dramatically. Now, this is
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  Speaker 2: an online application grants visitors from forty two eligible countries
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  Speaker 2: the right to visit the US for under third ninety
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  Speaker 2: days without a visa. Okay, which is right now, that's
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  Speaker 2: what happening. Happening. And currently visitors who do use this
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  Speaker 2: program in countries that are not of are not what
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  Speaker 2: I'm looking for, are not at the top of the heap,
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  Speaker 2: are not the ones that are exempt for most of
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  Speaker 2: the restrictions. They're asked to supply just information passport numbers,
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  Speaker 2: birthdates prior criminal activity, which is legitimate, and they want
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  Speaker 2: to expand that to where you worked, where you lived,
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  Speaker 2: the people in your family, and five years of social
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  Speaker 2: media content. Now, how the hell who looks at five
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  Speaker 2: years of social media content? Well, there are algorithms out there,
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  Speaker 2: you know. For example, anybody coming to the United States
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  Speaker 2: and looking for a pressure cooker, because we have great
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  Speaker 2: pressure cookers quality, you're done. You're not coming into this country.
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  Speaker 2: If you, for example, have seen a movie just before
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  Speaker 2: you come in, and you do a review and you
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  Speaker 2: tell your friends the movie was a bomb, You're not
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  Speaker 2: coming in. The algorithm is going to say, well, this
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  Speaker 2: person isn't coming in, so there may be holes in it,
• 12:43
  Speaker 2: but it's simply part of the process that's going all right,
• 12:46
  Speaker 2: people in the United States can expect to live longer
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  Speaker 2: than ever. Death rates are returning to pre pandemic levels,
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  Speaker 2: and one of them is the pandemic really wiped out
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  Speaker 2: the death rate in terms of life expectancy. Now, life
• 13:02
  Speaker 2: expectancy has been trending up for decades, and it dropped
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  Speaker 2: by nearly a year and a half.
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  Speaker 1: I mean, that's a lot of drop.
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  Speaker 2: In terms of your life expectancy between twenty nineteen and
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  Speaker 2: twenty twenty one. Read pandemic COVID killed enough people that
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  Speaker 2: really affected us. Because we talk about averages here, and
• 13:24
  Speaker 2: so it's a rebound. We're now back up to average
• 13:27
  Speaker 2: seventy nine years old in twenty twenty four when you
• 13:32
  Speaker 2: pop off, and that's.
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  Speaker 1: The highest it has ever been.
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  Speaker 2: So let's talk about the ten leading causes of death,
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  Speaker 2: which accounted more for more than seventy percent. We know
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  Speaker 2: this heart disease is number one, cancer is number two.
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  Speaker 2: Now the death rates for the ten leading causes decline dramatically,
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  Speaker 2: particularly a sharp drop in unintentional injuries and part of
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  Speaker 2: unintentional injuries are drug overdose deaths, and those are way down.
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  Speaker 2: And this one you can, I think give present credit
• 14:07
  Speaker 2: to a couple of things. Lawsuit against a big pharma
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  Speaker 2: pardue in terms of the opiates and producing opiates, also
• 14:19
  Speaker 2: better education about how dangerous those opiates are, the President
• 14:25
  Speaker 2: shutting down the borders because the precursor chemicals come in
• 14:30
  Speaker 2: from for the illegal fentanyl deaths now because it's very
• 14:34
  Speaker 2: difficult to get opiates from a doctor. And so you
• 14:38
  Speaker 2: look at what the President has done, you look at
• 14:40
  Speaker 2: the fentanyl drop, We're doing pretty good. Fentyl and synthetic
• 14:45
  Speaker 2: opiates are still involved, but way way less. Okay, So
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  Speaker 2: it's really interesting stuff as to the reasons why. But
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  Speaker 2: I'll tell you the downside of living longer. And there
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  Speaker 2: is a downside of living longer.
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  Speaker 1: And that is the body.
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  Speaker 2: Our body is not made to live longer evolutionarily speaking,
• 15:07
  Speaker 2: because medicine has increased the life expectancy so high.
• 15:13
  Speaker 1: Because we now.
• 15:15
  Speaker 2: Know that good nutrition burritos from Costco, for example, We
• 15:21
  Speaker 2: know that exercise, not smoking, not drinking, or doing it
• 15:25
  Speaker 2: moderately helps our death rate go down and our life
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  Speaker 2: expectancy goes up. Put all that together, and we're living
• 15:35
  Speaker 2: longer now. The way Alzheimer's works and dementia works, you
• 15:41
  Speaker 2: know what, we haven't done anything to really deal with
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  Speaker 2: it to any great extent. Modern medicine has not been
• 15:47
  Speaker 2: able to touch or even scratch the surface of dementia
• 15:52
  Speaker 2: and getting old in terms of your joints. I mean,
• 15:58
  Speaker 2: I exercise, you know, I'm in a gym with a trainer,
• 16:01
  Speaker 2: and then yesterday I was there and man, my knees
• 16:03
  Speaker 2: were hurting, and I was doing squats and I was
• 16:06
  Speaker 2: crunching my knees. I mean, we just the aches and
• 16:11
  Speaker 2: pains just hit us. When Social Security was introduced in
• 16:17
  Speaker 2: nineteen thirty five and the retirement age was sixty five
• 16:21
  Speaker 2: and now I think it's sixty seven, it's.
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  Speaker 1: Like nothing in an increase.
• 16:25
  Speaker 2: People died at sixty six sixty seven and the Social
• 16:28
  Speaker 2: Security fund was solvent.
• 16:30
  Speaker 1: How many times do you think has been raised over
• 16:33
  Speaker 1: and over again.
• 16:34
  Speaker 2: Where we pay buckets of money for Social Security, we're
• 16:37
  Speaker 2: not designed to last as long as we do.
• 16:41
  Speaker 1: There's a downside to that.
• 16:44
  Speaker 2: I've often told you that my mother, for example, died
• 16:47
  Speaker 2: at ninety eight, and she sucked off the government teat
• 16:52
  Speaker 2: for so long I couldn't stand it. I go into
• 16:56
  Speaker 2: her room and scream, die already, you're not doing us
• 17:00
  Speaker 2: any good here, and she well, she didn't even hear
• 17:05
  Speaker 2: me because she was in the throes of dementia and
• 17:09
  Speaker 2: it was basically a vegetable And as much fun as
• 17:11
  Speaker 2: I make of this, unfortunately it is true. It is
• 17:16
  Speaker 2: absolutely true. So you're going to live longer. And the
• 17:19
  Speaker 2: number of kids who are going to be one hundred
• 17:21
  Speaker 2: years old born today is astronomical to the number of
• 17:25
  Speaker 2: people who do lift a hundred. Can't wait for that,
• 17:27
  Speaker 2: because are we going to make big, huge inroads in
• 17:30
  Speaker 2: dementia and the illnesses of the mind. They're working really
• 17:37
  Speaker 2: hard at it, really hard, all right. I want to
• 17:41
  Speaker 2: do a story that actually started me covering this, looking
• 17:46
  Speaker 2: at this back in the seventies when I was in
• 17:48
  Speaker 2: law school, and what this is about, Well, it was
• 17:51
  Speaker 2: one of the first reverse discrimination cases where there was
• 17:57
  Speaker 2: a white student, David Baki was his name, and he
• 18:00
  Speaker 2: applied to go to a UC Davis medical school and
• 18:05
  Speaker 2: he was turned down. An African American was given that spot,
• 18:10
  Speaker 2: and that African American did not have the same qualifications
• 18:14
  Speaker 2: pursuant to the requirements of the school, lower test scores,
• 18:17
  Speaker 2: lower GPA, that sort of thing, and Baki wasn't allowed
• 18:21
  Speaker 2: in any sued just straight out sued reverse discrimination. You're
• 18:26
  Speaker 2: a discriminating against because I'm light. Well they cave pretty quickly.
• 18:30
  Speaker 2: He was in let in the next year, and then
• 18:33
  Speaker 2: the lawsuits started flying, and the Supreme Court has become
• 18:38
  Speaker 2: more and more restrictive of using race as a criterion.
• 18:42
  Speaker 2: And then the school started dancing around the entire issue. Okay,
• 18:46
  Speaker 2: we're not going to use race per se, We're going
• 18:49
  Speaker 2: to use race as a factor, and the court said, no,
• 18:53
  Speaker 2: you can't do that either. And then the recent laws
• 18:56
  Speaker 2: are saying you can't use race at all, can even
• 18:58
  Speaker 2: mention it. So how do they get around that, Well,
• 19:00
  Speaker 2: they look at where you come from, they look at
• 19:03
  Speaker 2: where you live, and you can tell if someone comes
• 19:06
  Speaker 2: from a minority neighborhood pretty clearly.
• 19:09
  Speaker 1: But so they're saying we're not using race.
• 19:11
  Speaker 2: Well, lawsuit against UCLA saying outright, you are using race
• 19:16
  Speaker 2: and that is illegally that you have a systematically racist
• 19:20
  Speaker 2: approach to medical school admissions. There's an organization that was
• 19:26
  Speaker 2: created by a Jewish group but do no ham. Oh no,
• 19:30
  Speaker 2: wait a second, there's an RN there, do no harm.
• 19:35
  Speaker 1: So you laugh, okay, And what is it about. It's
• 19:40
  Speaker 1: about fighting you.
• 19:41
  Speaker 2: Specifically for these kinds of cases.
• 19:45
  Speaker 1: The Trump administration has joined saying this is racist.
• 19:50
  Speaker 2: You can't deal with this, you can't mention race at all.
• 19:55
  Speaker 2: Now those that are on the other side of that
• 19:58
  Speaker 2: are saying, wait a minute, there's still an inequality here
• 20:01
  Speaker 2: that statistically speaking, African Americans Latinos don't do as well,
• 20:07
  Speaker 2: not enough students are coming in. Well, the answer to
• 20:10
  Speaker 2: that is, okay, then why don't we bring up the
• 20:15
  Speaker 2: qualifications per the school and then they're on an equal footing.
• 20:21
  Speaker 2: And the reality is the school is going to know
• 20:24
  Speaker 2: who is racist and not. You know, they're going to know,
• 20:28
  Speaker 2: for example, that Neil does what he does. And although
• 20:32
  Speaker 2: Neil's a Latino and Max of course is considered a Latino.
• 20:36
  Speaker 1: Did you know that I'm considered Latino.
• 20:40
  Speaker 2: By the way, I am legally Latino according to the
• 20:45
  Speaker 2: the FCC, and my son Max is he's not considered
• 20:52
  Speaker 2: he is.
• 20:54
  Speaker 1: All right, you got the mute on. And so I'm saying, oh,
• 20:58
  Speaker 1: that's you.
• 20:59
  Speaker 2: You have the mute on, Okay, and I'll tell you,
• 21:01
  Speaker 2: and I'm and I'm considered Latino. By the way, the
• 21:05
  Speaker 2: stations still have to report to the FEDS as to
• 21:08
  Speaker 2: the ethnic makeup, or at least they did for until recently,
• 21:12
  Speaker 2: and I don't know when that rule ended. And you
• 21:15
  Speaker 2: had to have a certain number of Latinos. Well, I
• 21:18
  Speaker 2: was born in Brazil. Hahuh, I'm a Latino. Anybody that
• 21:21
  Speaker 2: comes from South America or has a name like Neil,
• 21:28
  Speaker 2: you know his real name is Jose and not Neil.
• 21:33
  Speaker 2: I mean, I said a white name, Neil. Give me
• 21:35
  Speaker 2: a break.
• 21:36
  Speaker 1: So they were My dad was a fan of the
• 21:39
  Speaker 1: Space program.
• 21:40
  Speaker 2: Yes, that's right, that's right, Neil after Neil. Neil did
• 21:45
  Speaker 2: great singer.
• 21:47
  Speaker 1: I get that.
• 21:49
  Speaker 2: So the point is, what's going to happen with this lawsuit.
• 21:52
  Speaker 2: I think this lawsuit is going to fly. There's also
• 21:56
  Speaker 2: a there was also a proposition that was passed and
• 22:01
  Speaker 2: I think it was twenty twenty two in which again
• 22:05
  Speaker 2: affirmative action could not be used. Race cannot be used
• 22:09
  Speaker 2: at all. You cannot mention race, it can't be part
• 22:12
  Speaker 2: of the conversation. And the allegation is is that it
• 22:15
  Speaker 2: is in violation of the law. And we'll see what happens.
• 22:22
  Speaker 2: I'd have to change. They have to change the name
• 22:25
  Speaker 2: of the lawsuit. You can't argue the name is we
• 22:27
  Speaker 2: don't have enough white people in school. You cannot do that.
• 22:31
  Speaker 2: The courts look down upon that. We're done with that.
• 22:33
  Speaker 2: KFI Am sixty.
• 22:36
  Speaker 1: You've been listening to the Bill Handle Show.
• 22:38
  Speaker 2: Catch My Show Monday through Friday, six am to nine am,
• 22:41
  Speaker 2: and anytime on demand on the iHeartRadio app.