Latest / The Bill Handel Show / ‘Tech Tuesday’ with Rich DeMuro | Snow Rooms
Transcript
- 0:00Speaker 1: You're listening to Bill Handle on demand from KFI AM
- 0:04Speaker 1: six forty KFI AM six forty Handle here on a
- 0:11Speaker 1: Tuesday morning, July seventh. Some of the big stories we
- 0:16Speaker 1: are looking at, Oh, SpaceX is about to join the
- 0:19Speaker 1: Nasdaq one hundred and gives new investors new exposure and
- 0:26Speaker 1: it's going to trigger more billions of dollars if you
- 0:29Speaker 1: can imagine that. And the President is in Turkey for
- 0:33Speaker 1: the NATO summit and a lot of controversy there. We
- 0:37Speaker 1: talked about this earlier on this morning. Okay, it is
- 0:40Speaker 1: time for Tech Tuesday with Rich Tomorrow, kfi's tech Guy.
- 0:45Speaker 1: He is live every Saturday right here on KFI eleven
- 0:48Speaker 1: am to two pm. He follows me handle on the
- 0:51Speaker 1: law Instagram at Rich on Tech, Rich on tech dot
- 0:55Speaker 1: tv is the website. Good morning Rich, Good morning Bill. Okay,
- 1:01Speaker 1: let's start big case. Supreme Court and Texas had a
- 1:06Speaker 1: law that age verification had to be in place before
- 1:11Speaker 1: children kids, even apps would be able to be downloaded
- 1:16Speaker 1: much less purchases, and the Supreme Court let that happen
- 1:19Speaker 1: upheld Texas. How big a deal is this.
- 1:23Speaker 2: It's a big deal because there's a lot of other
- 1:25Speaker 2: states that might do something similar, and it's also a
- 1:29Speaker 2: nightmare for the tech companies because to have a patchwork
- 1:32Speaker 2: of states all having different requirements for kids is not
- 1:36Speaker 2: something they want. It's something parents may want, for sure.
- 1:40Speaker 2: But the law as it stands requires stores like you know,
- 1:44Speaker 2: the App Store and Google Play to verify users aids,
- 1:47Speaker 2: So if they're under eighteen, parental consent is required before
- 1:51Speaker 2: downloading apps or making in app purchases. And you might say,
- 1:54Speaker 2: hold on, doesn't the App Store already do this? Not necessarily,
- 1:58Speaker 2: so parents may have approvals turned on on their personal device,
- 2:02Speaker 2: you know, their devices for their kids, but it's not
- 2:04Speaker 2: something that Apple or Google requires at this point. And
- 2:08Speaker 2: Apple and Google of course are opposing the law. They
- 2:11Speaker 2: say it makes everyone, including adults, verify their age, you know,
- 2:16Speaker 2: and that in turn is privacy issues, friction all this stuff.
- 2:20Speaker 1: Now. Quick question and I'm guessing here and you comment
- 2:23Speaker 1: on this, is that until AI came into being, it's
- 2:28Speaker 1: fairly easy just to confirm that you're over the age
- 2:33Speaker 1: of eighteen. You basically say yeah, I'm over eighteen. With AI,
- 2:37Speaker 1: it'd be much easier to verify because there's so much
- 2:40Speaker 1: out there on social media that AI can figure out
- 2:44Speaker 1: exactly how old you are based on birth certificates that
- 2:47Speaker 1: are public, that are public documents, and other means social media,
- 2:54Speaker 1: car ownership, et cetera. Because there are a few For example,
- 2:58Speaker 1: eighteen year olds don't own one hundreds thousand dollars cars.
- 3:01Speaker 1: Am I right on that?
- 3:03Speaker 2: Well, this depends how big of an influencer they are
- 3:05Speaker 2: at this point. But yes, some of them probably do.
- 3:08Speaker 2: But I mean, yes, I think you're right about that
- 3:11Speaker 2: because if you look at systems like Claude and open
- 3:14Speaker 2: Ai chat EBT, they're already doing this in the background.
- 3:18Speaker 2: When kids start to when they open accounts and they
- 3:20Speaker 2: lie about their age and they start to chat, these
- 3:23Speaker 2: systems will take proactive measures to say, hey, we actually
- 3:27Speaker 2: think you're a kid. Now you have to verify you
- 3:29Speaker 2: are who you say you are. Google has done something similar,
- 3:33Speaker 2: but a lot of that is more for legal reasons
- 3:36Speaker 2: and not necessarily just for like app reasons. And so
- 3:39Speaker 2: I understand why you might not want this for everyone
- 3:42Speaker 2: because basically more people may be forced to prove who
- 3:45Speaker 2: they are online using an ID, using some sort of verification,
- 3:49Speaker 2: using a selfie that you know they may not want
- 3:52Speaker 2: to do, right, And so it gets into this whole
- 3:54Speaker 2: idea of are we free online? Are we free to
- 3:57Speaker 2: do what we want online? Can we remain private online?
- 3:59Speaker 2: So there are two sides this because it involves children,
- 4:02Speaker 2: Because it involves youth, I think more people would say, yeah,
- 4:05Speaker 2: that's probably fine. But you know, what if you're seventeen
- 4:08Speaker 2: or what if you just turned eighteen? You want to
- 4:10Speaker 2: protect your privacy and it's still asking you to prove
- 4:13Speaker 2: you are over eighteen. Now you get to give up
- 4:15Speaker 2: I D. So you know, there are two sides to this,
- 4:17Speaker 2: but we'll see how it shakes out. Because there's probably
- 4:20Speaker 2: a lot of money behind Apple and Google opposing this law.
- 4:24Speaker 1: Is an ida out there anyway, if I were to
- 4:27Speaker 1: ask claude or chat GPT, how old am I when
- 4:32Speaker 1: to come right back and say, here's your age based
- 4:36Speaker 1: on driver's license that are on file, based on what
- 4:41Speaker 1: I order, based on what can I afford to pay.
- 4:44Speaker 1: Although that is you're right in terms of influencers, but
- 4:47Speaker 1: enough documents are out there to nail it period. Nail it. Yeah.
- 4:51Speaker 2: I mean you can go to any people search site
- 4:54Speaker 2: and find that information. I don't. I mean if you
- 4:56Speaker 2: ask chat GBT, and I think a lot of people
- 4:58Speaker 2: have done this. You know, give me my best guess
- 5:00Speaker 2: my age. Unless you've specifically told it your date of birth,
- 5:03Speaker 2: it will give you an estimation for sure, and does it. No,
- 5:06Speaker 2: I don't think it can tap into you know, a
- 5:09Speaker 2: driver's license database or anything like that or something the
- 5:12Speaker 2: airlines have, but you know it can make approximations that
- 5:16Speaker 2: they're usually pretty good. So I think, yes, this information
- 5:20Speaker 2: is out there. It's again it's a matter to me.
- 5:22Speaker 2: I think of like how much information. Like when I
- 5:26Speaker 2: had to sign up for the IRS website. I went
- 5:28Speaker 2: through this whole thing where I had to verify every
- 5:31Speaker 2: single piece of identification I had in my life over
- 5:33Speaker 2: the internet, and it was kind of scary because here
- 5:36Speaker 2: you are giving your social giving your driver's license, taking
- 5:39Speaker 2: a video selfie, and you know all that information is
- 5:42Speaker 2: going not only to the government but also a third
- 5:44Speaker 2: party identification verification company. And I think that's where it
- 5:49Speaker 2: gets a little kind of like, hold on, how is
- 5:51Speaker 2: this information being used? Where is it going? Who actually
- 5:55Speaker 2: gets to be in charge of this? I think those
- 5:57Speaker 2: are all very valid questions, you know where.
- 5:59Speaker 1: I mean, we're gonna take a break in a minute.
- 6:01Speaker 1: As a matter of fact, right now and during the break,
- 6:03Speaker 1: I'm going to ask chat GPT, how old you think
- 6:07Speaker 1: I am. I just went on, Yeah, I just went
- 6:12Speaker 1: on one of those machines at the gym where you
- 6:15Speaker 1: sit barefoot and you hang onto this thing and it
- 6:17Speaker 1: gives you all kinds of information and then it also
- 6:21Speaker 1: gives you approximate age we think you are, and it
- 6:25Speaker 1: said I'm six months younger than I actually am.
- 6:30Speaker 2: Hey, that's good.
- 6:31Speaker 1: That was excellent. I mean, you know, I wanted to
- 6:33Speaker 1: be younger than that. You know, I don't spoke, I
- 6:36Speaker 1: don't drink, I weigh a normal weight. I've got some
- 6:41Speaker 1: mental issues, but that machine doesn't figure that out. So anyway,
- 6:44Speaker 1: I'm gonna go yeah, pretty well. We were talking about
- 6:48Speaker 1: the age verification issue where the Supreme Court is letting
- 6:52Speaker 1: Texas apply its law, that is, forcing age verification and
- 7:00Speaker 1: a new age verification law to take effect. And then
- 7:04Speaker 1: I had said, I had asked Rich with AI out there,
- 7:10Speaker 1: it'll take two seconds for maybe, of course quicker to
- 7:14Speaker 1: verify someone's age. So it used to be yeah, I'm
- 7:17Speaker 1: over eighteen, and okay, all you have to do is say, yeah,
- 7:20Speaker 1: I'm over eighteen. But now with going on for example,
- 7:25Speaker 1: an app, the platform can instantly see how old you
- 7:29Speaker 1: really are. So what we did is I went on
- 7:33Speaker 1: chat GPT to find out what people how old people
- 7:38Speaker 1: think I am. Now. When I said how old do
- 7:41Speaker 1: you think I handle is? They knew exactly the day
- 7:44Speaker 1: I was born. They knew by birthday, they knew by age.
- 7:47Speaker 1: So I had to re ask that question, how is
- 7:52Speaker 1: my age perceived? And it was answered. Public perception varies,
- 7:58Speaker 1: but many people here Bill Handle the radio without knowing
- 8:01Speaker 1: his age, often guess he's in his late fifties to
- 8:04Speaker 1: mid sixties. His voice is energetic, yeah it is, he
- 8:09Speaker 1: speaks quickly. Really you damn right, I do. He maintains
- 8:12Speaker 1: a demanding work schedule and can make him seem younger
- 8:15Speaker 1: than his chronological age. On the other hand, people who
- 8:18Speaker 1: have seen him on TV, in videos, or public events
- 8:22Speaker 1: are more likely to estimate his age to be in
- 8:25Speaker 1: his late nineties.
- 8:28Speaker 2: Now it didn't say that.
- 8:29Speaker 1: Oh okay, oh sorry, IM has read that late sixties
- 8:33Speaker 1: to early seventies now my age, and you can look
- 8:37Speaker 1: it up anywhere. I'm actually seventy four, and a common
- 8:42Speaker 1: perception may be that he seems about sixty to sixty
- 8:44Speaker 1: eight based on on air persona. And so if you
- 8:49Speaker 1: look at what I look like, I look well closer
- 8:53Speaker 1: to my actual age. So if you listen to Man'm
- 8:57Speaker 1: perceived to be younger, which is kind of neat if
- 8:59Speaker 1: you me, I'm perceived to be decades older. And so,
- 9:05Speaker 1: as I said, I'm seventy four. And you know what
- 9:08Speaker 1: people say. I get this all the time. Oh you
- 9:10Speaker 1: know what, age is actually a number. It's only a number. Yeah,
- 9:15Speaker 1: the number is seventy four. That's the number. Although sometimes
- 9:19Speaker 1: I feel like I'm seventy three, so I feel much younger. Okay,
- 9:22Speaker 1: with that being said, rich, how old are you?
- 9:24Speaker 2: By the way, Oh gosh, I don't go try to
- 9:28Speaker 2: find it. It doesn't it's all I don't. I don't
- 9:31Speaker 2: publicly say it because I don't want to. Yeah, I
- 9:33Speaker 2: don't want to upset people.
- 9:35Speaker 1: Why would you.
- 9:36Speaker 2: I don't think. I don't think. I don't think chat
- 9:38Speaker 2: ChiPT has it well, because you know, in Hollywood your age,
- 9:42Speaker 2: like you know, people want young people, and when you
- 9:45Speaker 2: say you're older, it's like, oh, we're not interested in
- 9:47Speaker 2: you anymore. I mean, it's not a problem in all
- 9:49Speaker 2: of Hollywood, maybe not for you, but on TV.
- 9:51Speaker 1: I don't think radio. Yeah, I don't think radio. I
- 9:54Speaker 1: don't think you would have a problem. Actually, I don't know.
- 9:57Speaker 1: Now there's a I mean, you're right, there's a huge
- 9:59Speaker 1: problem with a when you do porno films. I'll get that. Actually,
- 10:03Speaker 1: if you think about it, the older someone is doing
- 10:05Speaker 1: porno films, the more interesting the film is. I think
- 10:08Speaker 1: there's a huge market for that. If I had to guess,
- 10:11Speaker 1: So let me ask, let me do this, I'm going
- 10:13Speaker 1: to guess and tell me if I'm anywhere near right.
- 10:15Speaker 1: I'm guessing you are in your mid forties, that is correct, okay,
- 10:22Speaker 1: And I have never seen and by the way, I
- 10:24Speaker 1: have never seen what you look like.
- 10:26Speaker 2: No, there's no way to see it.
- 10:30Speaker 1: What do you mean there's no way to see it?
- 10:31Speaker 1: You're on TV. You're on TTLA every day. Wow.
- 10:34Speaker 2: Okay, Well, then how have you not seen me?
- 10:37Speaker 1: I have not seen you because I just the other
- 10:41Speaker 1: thing I watch on TV, you bill, Okay, but you
- 10:46Speaker 1: are more into the video stuff. My video stuff is
- 10:50Speaker 1: documentary TVs. That's all I really watch. And I don't
- 10:54Speaker 1: watch local news. I watch national news. So I watch
- 10:58Speaker 1: one of the networks, you know, I Al Jazeera, BBC,
- 11:01Speaker 1: and then documentaries other than Ted Lasso al Jazera.
- 11:06Speaker 2: That's what you're watching.
- 11:07Speaker 1: I watch al JAZERI. Yeah, okay, yeah because I I
- 11:11Speaker 1: because I like the idea of newscasters, uh saying you
- 11:16Speaker 1: should die and uh that's kind of fun. Yeah, it's
- 11:21Speaker 1: a whole little all the cable channels. But yeah, it's
- 11:23Speaker 1: a whole it's a whole lot of psychological thing. Uh okay,
- 11:26Speaker 1: getting back to a topic that we should talk about,
- 11:31Speaker 1: and that is uh June. June is a journal that
- 11:35Speaker 1: calls you what is that about?
- 11:38Speaker 2: I thought this was pretty cool. I've been testing this
- 11:40Speaker 2: journaling app. It's called talk June dot com if you
- 11:43Speaker 2: want to check it out. But you know the problem
- 11:46Speaker 2: with journaling is that it takes a long time, and
- 11:48Speaker 2: nobody wants to sit there and you know, write out
- 11:51Speaker 2: a big page at the end of the day when
- 11:52Speaker 2: you've had a long day and you don't even know
- 11:54Speaker 2: what to talk about some of the times. So this
- 11:57Speaker 2: journal kind of turns that on its side. It calls
- 12:00Speaker 2: you every night at a schedule time. It could be
- 12:02Speaker 2: seven pm, eight pm, nine, ten eleven, whatever, and you
- 12:06Speaker 2: pick up your phone and it says, hey, tell me
- 12:08Speaker 2: about your day and it's not just generic. It remembers
- 12:11Speaker 2: everything you've ever told it, and so it will ask
- 12:14Speaker 2: you follow up questions, whether that's a day later or
- 12:17Speaker 2: a week or a month later. Hey, I'm going to
- 12:19Speaker 2: celebrate my birthday with my friends on Friday night. Cool,
- 12:22Speaker 2: I'll ask you how it is, you know, in a
- 12:24Speaker 2: couple of days, how are you feeling about that, how
- 12:26Speaker 2: you feeling about getting older?
- 12:27Speaker 1: Whatever?
- 12:28Speaker 2: And so it's kind of cool. I've been testing it,
- 12:31Speaker 2: and basically it writes the pages for you. But I
- 12:33Speaker 2: think the real interesting twist here is that because it
- 12:36Speaker 2: calls you, it kind of removes that big obstacle, which is,
- 12:39Speaker 2: you know, figuring out what to write and what to say.
- 12:42Speaker 2: You're just talking to someone like you with a friend.
- 12:45Speaker 1: Yeah, but why, And that's the question. Maybe it's just
- 12:47Speaker 1: me you do something. And I've never understood journal writing.
- 12:51Speaker 1: I really never have. And I assume it's still a
- 12:54Speaker 1: big thing. If not journal writing, certainly the actually the
- 13:00Speaker 1: just the joy of journal writing to people, which of
- 13:02Speaker 1: course I don't have. So you know, I guess you've
- 13:06Speaker 1: got platforms and programs are gonna do everything for you.
- 13:11Speaker 2: Yeah, And I think I think the journaling thing is
- 13:13Speaker 2: a lot of mental health. You know, professionals recommend it.
- 13:15Speaker 2: I think it's people find it relaxing. I mean, I
- 13:19Speaker 2: you know, I don't I get it. I don't like
- 13:21Speaker 2: it's like where does this go? But I think for
- 13:23Speaker 2: something like this, it's actually kind of interesting because you're
- 13:25Speaker 2: talking out you know, some of the things. Maybe not
- 13:27Speaker 2: your issues, I mean could be, but you know, when
- 13:30Speaker 2: you're happy, when you're sad, what you're doing, and maybe
- 13:32Speaker 2: you want to leave this to your kids. Maybe you don't.
- 13:33Speaker 2: I don't know.
- 13:35Speaker 1: I like those programs, the AI programs that help you
- 13:38Speaker 1: with mental health, for example, asking chat shept or Claude.
- 13:44Speaker 1: You know, I'm really depressed and I'm considering killing myself. Well,
- 13:48Speaker 1: here are the ways you can do it. Do you
- 13:51Speaker 1: want to be painful or not? Do you want to
- 13:53Speaker 1: make a big splash? Do you want people to get upset?
- 13:58Speaker 1: Those are always great things in the metal world.
- 14:01Speaker 2: All right, I'm surprised you're not banned from CHATCHYVT yet
- 14:04Speaker 2: with those questions.
- 14:06Speaker 1: Yeah. No, I spend a lot of time talking about
- 14:08Speaker 1: people dying because it just for some reason, just you,
- 14:13Speaker 1: I just like it. Okay, Rich heard every Saturday right
- 14:18Speaker 1: here at eleven am to two pm on KFI kt LA.
- 14:22Speaker 1: Every day is on TV his instagram at rich on
- 14:26Speaker 1: Tech and then that website where you get all this
- 14:29Speaker 1: tremendous information rich on Tech dot TV. Rich You'll catch
- 14:34Speaker 1: you this weekend and then next Sunday or next Wednesday.
- 14:38Speaker 1: Have a good win. That was fine. That was kind
- 14:40Speaker 1: of an interesting conversation. He wouldn't let go of what
- 14:43Speaker 1: his age was.
- 14:45Speaker 2: Do you know?
- 14:46Speaker 1: I mean, come on, I mean we all do amy.
- 14:49Speaker 1: How old are you?
- 14:50Speaker 2: None of your business?
- 14:51Speaker 1: See there you go? And how old are you? Thirty nine?
- 15:00Speaker 1: If you're thirty nine, I'm Rex the Wonder Horse. Okay,
- 15:04Speaker 1: pretty good you are? Yeah? Okay, fair enough? And you know,
- 15:12Speaker 1: uh will do you know wait makes you look older? No,
- 15:18Speaker 1: it's the opposite. Yeah I know. No, actually not Okay,
- 15:21Speaker 1: we're done. It's coming up a story. Oh and then cono, cono,
- 15:28Speaker 1: How old are you?
- 15:28Speaker 2: What?
- 15:28Speaker 1: Early thirties? What do you think I would get? Well,
- 15:32Speaker 1: I see you every day. Yeah, I would guess early thirties.
- 15:35Speaker 1: I appreciate that, Bill. How old are you thirty eight?
- 15:39Speaker 1: Are you really? See? You don't look thirty eight? You
- 15:43Speaker 1: don't one. You're younger than me. Yeah, that's why Anne
- 15:49Speaker 1: Will how old are you? Thirty nine?
- 15:51Speaker 2: Oh?
- 15:51Speaker 1: Go stop it, stop it all right. So a story
- 15:57Speaker 1: I like to do is how the rich are rich
- 16:00Speaker 1: and we're not, and I mean, you know, pretty rich. Now,
- 16:06Speaker 1: if someone has a for example, a gym at home
- 16:11Speaker 1: or has a separate office, do let's make a gym
- 16:17Speaker 1: a gym at home, you consider that person wealthy. If
- 16:19Speaker 1: there's a home gym, amy, is that a wealthy person
- 16:22Speaker 1: to you? No? Oh okay, uh cono wealthy? Well someone
- 16:27Speaker 1: has a house. If someone has an apartment, that's a
- 16:30Speaker 1: wealthy person to you. Yeah. Even a brand new tent
- 16:33Speaker 1: from RII is someone who's got money. I understand that.
- 16:37Speaker 1: But it depends on the gym. Yes, really Rock Johnson's
- 16:41Speaker 1: gym or okay, okay, that's true. No, that's true. And
- 16:47Speaker 1: Jim at home rich wealthy? Yeah, like, it depends on
- 16:51Speaker 1: what the gym is. Right. We even need a small
- 16:53Speaker 1: gym because you have a room treadmill. No, well that's
- 16:56Speaker 1: not a gym, that's a treadmill. All right, talk about
- 17:00Speaker 1: a gym, Jim. Okay. So the point is, how about this, Okay,
- 17:06Speaker 1: when I tell you, how about someone who has let's say,
- 17:16Speaker 1: let's say a room where it snows. Snowrooms, what is
- 17:26Speaker 1: that about. That's the new thing. Snowrooms. They have those
- 17:31Speaker 1: in Dubai. I mean, well, I can understand that because
- 17:33Speaker 1: they have a lot of money. But you go into
- 17:35Speaker 1: your house and there's a separate room, and there is
- 17:37Speaker 1: your room which is kept at basically below zero, and
- 17:44Speaker 1: snowfall comes and that's the middle of this heat wave.
- 17:49Speaker 1: That's rich, that's rich. My favorite snow room is a
- 17:55Speaker 1: board a ship. We're talking about a private boat. Shammad
- 18:00Speaker 1: al ben Salman, who is the titular head of Saudi Arabia.
- 18:06Speaker 1: He has a boat that is I think two hundred
- 18:10Speaker 1: feet long, and he has a snowroom on his boat.
- 18:17Speaker 1: That's rich. And that's the new thing. Even to the
- 18:20Speaker 1: point where you've got these massive new spec homes that
- 18:24Speaker 1: are being built all over, particularly here in southern California,
- 18:27Speaker 1: to go for tens of million dollars, the builders are
- 18:31Speaker 1: building snow rooms, climate controlled snowrooms. There's one Russian guy
- 18:37Speaker 1: who loved He grew up in this little Russian town
- 18:41Speaker 1: where there was obviously a lot of snow is northern Russia.
- 18:45Speaker 1: And what he did is in his snowroom, he put
- 18:49Speaker 1: in the trees. He put in the logs to make
- 18:53Speaker 1: it look like a typical day in his village in
- 18:56Speaker 1: the middle of the summer, and you walk in there,
- 18:59Speaker 1: and you're walking into his village and there's a gentle
- 19:03Speaker 1: snow coming down. You can actually make a hurricane strength
- 19:06Speaker 1: if you want. But no, that is a big deal.
- 19:11Speaker 1: That is a really among the super wealthy. That's what's
- 19:15Speaker 1: going on. I love doing these stories about when you have,
- 19:20Speaker 1: you know, more money than smarts, but not really because
- 19:23Speaker 1: billionaires are not made because they're not smart. It's just
- 19:27Speaker 1: you know what the wealthy do. These these ships of
- 19:30Speaker 1: two hundred feet long that have helicopter paths with helicopters
- 19:34Speaker 1: or submarine submersibles on the ship. I mean, it's pretty impressive.
- 19:41Speaker 1: Never heard of that snow rooms. Okay, go figure One
- 19:47Speaker 1: of the things I like to do is research and
- 19:52Speaker 1: maybe analyze and figure out what's happening to us in
- 19:56Speaker 1: our changing world, because the world is changing faster than
- 19:59Speaker 1: it ever has. One of the big changes is how
- 20:04Speaker 1: we perceive young people living at home. Last year, forty
- 20:09Speaker 1: nine percent of adults under the age of thirty lived
- 20:11Speaker 1: with a parent. That's up twelve percent since twenty nineteen.
- 20:16Speaker 1: There are some reasons for it. High living costs. National
- 20:19Speaker 1: medium home prices about four hundred thousand dollars here in
- 20:22Speaker 1: southern California. A million dollars doesn't buy you much of
- 20:25Speaker 1: a home. And how does someone in their twenties, even
- 20:28Speaker 1: the thirties have a twenty percent down payment and then
- 20:31Speaker 1: have a mortgage of eight hundred thousand dollars. So we
- 20:34Speaker 1: got record rents we have, the income hasn't come near
- 20:41Speaker 1: the inflation rate, and a student debt. I mean, it's
- 20:44Speaker 1: all crazy. So living at home for young people was
- 20:48Speaker 1: once considered you were a failure. Today it's actually considered
- 20:55Speaker 1: your financially stable, and not only stable, you're savvy. So
- 21:01Speaker 1: let me here's what happened to me. I was living
- 21:05Speaker 1: with a woman in my late twenties early thirties, and
- 21:11Speaker 1: we broke up, and here I was I'll never forget
- 21:14Speaker 1: at the age of thirty six, and I moved back
- 21:18Speaker 1: home for a year, and I was introduced to people
- 21:23Speaker 1: because I was single, and I had friends who decided, okay,
- 21:27Speaker 1: it's time for introduce Bill to someone. And I would
- 21:30Speaker 1: be introduced and I would say, hi, you know, we
- 21:33Speaker 1: introduced my name is Bill, Okay, what do you do? Well?
- 21:37Speaker 1: I'm a pretty successful attorney and I live at home
- 21:40Speaker 1: with my mom and dad. Now let me tell you
- 21:44Speaker 1: my sex life that year was pretty sparse. No one
- 21:48Speaker 1: was very impressed. Today, even in my thirties, if I
- 21:53Speaker 1: lived with my parents, I mean I have to move
- 21:55Speaker 1: into the cemetery, granted, But in my thirties, I would
- 22:00Speaker 1: not be considered a failure, a weirdo. Where Why? Because
- 22:07Speaker 1: you save your money? How's this? I'm in my thirties,
- 22:11Speaker 1: let's say thirty mid thirties, and I'm saving up for
- 22:14Speaker 1: a house, which if I lived at home, I would
- 22:18Speaker 1: never be able to afford, because the only people that
- 22:21Speaker 1: really can afford houses today are people who have owned
- 22:25Speaker 1: houses for long periods of time and have sold their homes.
- 22:31Speaker 1: The only way I could have ever afforded the Persian
- 22:34Speaker 1: Palace was the way that I did bought a home.
- 22:38Speaker 1: First home, in my late twenties, I had rented it,
- 22:43Speaker 1: so that's why I had to move back home in
- 22:45Speaker 1: my mid thirties, and I sold it. Then I bought
- 22:49Speaker 1: another home and sold it and sold it and incrementally
- 22:52Speaker 1: moved up. There is no chance today I could ever
- 22:56Speaker 1: afford that house that I had just non existent. How
- 23:02Speaker 1: many people in their early thirties it took out massive
- 23:06Speaker 1: student loans are still paying them off. So let's say
- 23:13Speaker 1: you're saving money, and that's the reason you give for
- 23:16Speaker 1: living at home. Okay, it's accepted now. It is now,
- 23:20Speaker 1: It's always been accepted among minorities. There becomes multi generational
- 23:26Speaker 1: if you look at, for example, the Chinese Asian families. Yeah,
- 23:31Speaker 1: people live at home, kids live at home. And my mom,
- 23:36Speaker 1: who grew up and was raised in Brazil, she lived
- 23:40Speaker 1: at home with her mother until she got married, because
- 23:45Speaker 1: that's just what they did. And if you got married
- 23:47Speaker 1: in your thirties, just stay at home till the thirties.
- 23:49Speaker 1: That's the culture. See, we live in a culture of independence.
- 23:52Speaker 1: You're eight ten years old, out you go, because we
- 23:55Speaker 1: are probably, if not the certainly one of the most
- 23:59Speaker 1: independent societies. You're on your own. You got to pull
- 24:03Speaker 1: all yourself up, pull yourself by the bootstraps, and get moving. Well,
- 24:07Speaker 1: it's too hard to get moving now when you're eighteen,
- 24:10Speaker 1: twenty years old, twenty five years old, it's as hard
- 24:13Speaker 1: as nails. Okay, we're done. Just wanting to make you
- 24:16Speaker 1: feel better. If you're in your thirties and don't own
- 24:18Speaker 1: a home and you're living back home with your parents,
- 24:21Speaker 1: you're actually considered pretty savvy or the stigma of you
- 24:26Speaker 1: living at home is not nearly what it used to be.
- 24:31Speaker 1: So if you're introduced to me, for example, and we
- 24:34Speaker 1: start talking and you mentioned you live at home, Okay, loser,
- 24:44Speaker 1: We're done, Darien, Shannon up next. We'll be back again tomorrow.
- 24:49Speaker 1: Will and Amy start with wake up Call, and of
- 24:54Speaker 1: course also kno is here, and then Neil and I
- 24:58Speaker 1: cub aboard and we do this all over again, and
- 25:02Speaker 1: An of course is always here too. Okay, that's it, guys,
- 25:06Speaker 1: See you tomorrow, same place, same station, same time, KFI
- 25:10Speaker 1: AM sixty. You've been listening to the Bill Handle Show.
- 25:14Speaker 1: Catch My Show Monday through Friday, six am to nine am,
- 25:17Speaker 1: and anytime on demand on the iHeartRadio app