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The Great Housing Debate: Solutions for Our Pricey Homes · Around the House with Eric G®: Home Improvement Remodeling & DIY

• 0:47
  Foreign.
• 0:53
  The
• 0:53
  House
• 0:53
  with
• 0:54
  Eric
• 0:54
  G.
• 0:55
  Your
• 0:55
  go
• 0:55
  to
• 0:56
  source
• 0:56
  for
• 0:56
  everything
• 0:57
  home
• 0:57
  improvement.
• 0:58
  Whether
• 0:58
  you're
• 0:58
  a
• 0:58
  DIY
• 0:59
  enthusiast
• 1:00
  or
• 1:00
  just
• 1:00
  looking
• 1:00
  to
• 1:00
  make
• 1:01
  your
• 1:01
  space
• 1:01
  shine,
• 1:02
  Eric
• 1:02
  G.
• 1:03
  Is
• 1:03
  here
• 1:03
  to
• 1:03
  guide
• 1:03
  you
• 1:04
  through
• 1:04
  the
• 1:04
  latest
• 1:04
  tips,
• 1:05
  tricks
• 1:05
  and
• 1:05
  trends.
• 1:06
  Coming
• 1:06
  up.
• 1:06
  In
• 1:06
  this
• 1:07
  week's
• 1:07
  first
• 1:07
  hour
• 1:07
  of
• 1:08
  the.
• 1:08
  Show,
• 1:08
  I
• 1:08
  wanted
• 1:09
  to
• 1:09
  talk
• 1:09
  about
• 1:09
  are
• 1:09
  we
• 1:09
  having
• 1:10
  a
• 1:10
  housing
• 1:10
  crash
• 1:10
  here
• 1:11
  in
• 1:11
  2025?
• 1:13
  Let's
• 1:13
  talk
• 1:13
  about
• 1:13
  some
• 1:13
  of
• 1:14
  the
• 1:14
  issues
• 1:14
  that
• 1:14
  we
• 1:14
  have
• 1:14
  right
• 1:15
  now.
• 1:15
  As
• 1:16
  of
• 1:16
  today.
• 1:16
  Last
• 1:16
  time
• 1:17
  I
• 1:17
  looked,
• 1:17
  mortgage
• 1:18
  rates
• 1:18
  were
• 1:18
  about
• 1:18
  6.0.78%.
• 1:21
  And
• 1:21
  as
• 1:21
  we
• 1:22
  know,
• 1:22
  when
• 1:22
  the
• 1:22
  Fed
• 1:23
  meets,
• 1:23
  these
• 1:23
  are
• 1:23
  things
• 1:24
  that
• 1:24
  can
• 1:24
  always
• 1:24
  change.
• 1:25
  And
• 1:25
  depending
• 1:26
  on
• 1:26
  where
• 1:26
  the
• 1:26
  economy
• 1:26
  is,
• 1:27
  if
• 1:27
  it's
• 1:27
  growing
• 1:28
  too
• 1:28
  fast,
• 1:28
  they're
• 1:28
  going
• 1:29
  to
• 1:29
  raise
• 1:30
  those
• 1:30
  rates.
• 1:30
  If
• 1:31
  they
• 1:31
  think
• 1:31
  we're
• 1:31
  going
• 1:31
  into
• 1:32
  a
• 1:32
  recession,
• 1:32
  they're
• 1:33
  going
• 1:33
  to
• 1:33
  lower
• 1:33
  those
• 1:33
  rates.
• 1:34
  But
• 1:35
  really,
• 1:35
  mortgage
• 1:36
  rates
• 1:36
  this
• 1:37
  week
• 1:37
  at
• 1:38
  the
• 1:38
  time
• 1:38
  that
• 1:38
  we're
• 1:38
  recording
• 1:39
  right
• 1:39
  now.
• 1:39
  So
• 1:39
  grab
• 1:40
  your
• 1:40
  toolbox,
• 1:41
  put
• 1:41
  on
• 1:41
  your
• 1:41
  thinking
• 1:42
  cap
• 1:42
  and
• 1:42
  let's
• 1:43
  get
• 1:43
  to
• 1:43
  work
• 1:44
  right
• 1:44
  here
• 1:44
  on
• 1:45
  around
• 1:45
  the
• 1:45
  House
• 1:45
  with.
• 1:45
  Eric
• 1:46
  G.
• 1:47
  Welcome
• 1:47
  to
• 1:47
  the
• 1:47
  around
• 1:48
  the
• 1:48
  House
• 1:48
  show,
• 1:48
  the
• 1:49
  next
• 1:49
  generation
• 1:49
  of
• 1:50
  home
• 1:50
  improvement.
• 1:50
  I'm
• 1:51
  Eric
• 1:51
  G.
• 1:52
  Thanks
• 1:52
  for
• 1:52
  joining
• 1:53
  me
• 1:53
  today.
• 1:53
  This
• 1:53
  hour
• 1:54
  is
• 1:54
  brought
• 1:54
  to
• 1:54
  you
• 1:54
  by
• 1:55
  my
• 1:55
  friends
• 1:56
  at
• 1:56
  Monument
• 1:56
  Grills.
• 1:57
  Check
• 1:57
  them
• 1:57
  out@monumentgrills.com
• 1:59
  they
• 2:00
  have
• 2:00
  this
• 2:00
  brand
• 2:01
  new
• 2:01
  MNS
• 2:02
  and
• 2:02
  series.
• 2:02
  They
• 2:03
  have
• 2:03
  the
• 2:03
  MNS
• 2:03
  and
• 2:04
  605,
• 2:05
  the
• 2:05
  405,
• 2:06
  the
• 2:07
  425.
• 2:08
  If
• 2:08
  you're
• 2:08
  looking
• 2:09
  for
• 2:10
  technology
• 2:11
  where
• 2:11
  it'll
• 2:11
  help
• 2:12
  you
• 2:12
  come
• 2:12
  up
• 2:13
  with
• 2:13
  the
• 2:13
  best
• 2:13
  grill
• 2:14
  for
• 2:14
  the
• 2:14
  best
• 2:14
  cooking
• 2:15
  experience
• 2:16
  that's
• 2:16
  affordable,
• 2:17
  check
• 2:17
  them
• 2:17
  out@montymcgrills.com
• 2:19
  There
• 2:20
  are
• 2:20
  some
• 2:20
  crazy
• 2:21
  good
• 2:21
  grills
• 2:22
  here
• 2:22
  that
• 2:22
  can
• 2:23
  make
• 2:23
  your
• 2:23
  barbecue
• 2:24
  the
• 2:24
  best
• 2:24
  on
• 2:25
  the
• 2:25
  block.
• 2:26
  Today
• 2:26
  I
• 2:26
  wanted
• 2:27
  to
• 2:27
  talk
• 2:27
  a
• 2:27
  little
• 2:27
  bit
• 2:28
  outside
• 2:28
  of
• 2:29
  home
• 2:29
  improvement
• 2:29
  a
• 2:29
  little
• 2:30
  bit,
• 2:30
  but
• 2:30
  talk
• 2:30
  about
• 2:30
  our
• 2:31
  homes
• 2:31
  in
• 2:32
  the
• 2:32
  housing
• 2:32
  crisis
• 2:33
  we're
• 2:33
  facing
• 2:33
  out
• 2:34
  there
• 2:34
  and
• 2:35
  some
• 2:35
  solutions
• 2:35
  that
• 2:36
  we
• 2:36
  might
• 2:36
  have
• 2:37
  that
• 2:37
  could
• 2:37
  make
• 2:38
  things
• 2:38
  a
• 2:38
  little
• 2:38
  bit
• 2:39
  better.
• 2:39
  So
• 2:39
  I
• 2:39
  thought
• 2:40
  let's
• 2:40
  today
• 2:41
  dive
• 2:42
  into
• 2:42
  a
• 2:42
  little
• 2:42
  bit
• 2:42
  of
• 2:43
  this
• 2:43
  to
• 2:44
  maybe
• 2:44
  spark
• 2:44
  some
• 2:45
  discussion
• 2:45
  of
• 2:46
  some
• 2:46
  things
• 2:46
  that
• 2:46
  we
• 2:47
  can
• 2:47
  do
• 2:48
  as
• 2:48
  homeowners,
• 2:49
  as
• 2:49
  voters
• 2:50
  to
• 2:50
  get
• 2:51
  some
• 2:51
  of
• 2:51
  these,
• 2:51
  these
• 2:52
  issues
• 2:52
  taken
• 2:52
  care
• 2:53
  of.
• 2:53
  Now,
• 2:54
  this
• 2:54
  is
• 2:54
  a
• 2:54
  different
• 2:55
  issue
• 2:55
  in
• 2:55
  different
• 2:56
  parts
• 2:56
  of
• 2:56
  the
• 2:56
  country.
• 2:57
  I'm
• 2:58
  out
• 2:58
  here
• 2:58
  in
• 2:58
  Oregon.
• 2:59
  We
• 2:59
  got
• 2:59
  a
• 2:59
  ton
• 3:00
  of
• 3:00
  issues.
• 3:01
  You
• 3:01
  out
• 3:01
  in
• 3:01
  the
• 3:01
  Midwest
• 3:02
  probably
• 3:03
  have
• 3:03
  a
• 3:03
  little
• 3:03
  bit
• 3:03
  less
• 3:04
  than
• 3:04
  we
• 3:04
  do,
• 3:05
  but
• 3:05
  there
• 3:05
  are
• 3:05
  still
• 3:06
  some
• 3:06
  similar
• 3:06
  things
• 3:07
  going
• 3:07
  on
• 3:07
  there,
• 3:08
  but
• 3:08
  maybe
• 3:09
  a
• 3:09
  lot
• 3:09
  less
• 3:10
  than
• 3:10
  us
• 3:10
  out
• 3:11
  here.
• 3:11
  Us
• 3:12
  on
• 3:12
  the
• 3:12
  coast
• 3:12
  have
• 3:13
  really
• 3:13
  got
• 3:13
  some
• 3:13
  problems
• 3:14
  we're
• 3:14
  going
• 3:14
  to
• 3:14
  have
• 3:14
  to
• 3:15
  figure
• 3:16
  how
• 3:16
  to
• 3:16
  handle.
• 3:17
  And
• 3:17
  I
• 3:17
  think
• 3:17
  there's
• 3:18
  some
• 3:18
  solutions
• 3:18
  out
• 3:18
  there,
• 3:19
  but
• 3:19
  we
• 3:19
  got
• 3:19
  to
• 3:19
  Fix
• 3:19
  some
• 3:20
  things
• 3:20
  first.
• 3:21
  Now
• 3:21
  let
• 3:21
  me
• 3:21
  start
• 3:22
  out
• 3:22
  with
• 3:22
  some
• 3:22
  definitions
• 3:23
  here
• 3:23
  that
• 3:23
  might
• 3:23
  help
• 3:24
  us
• 3:24
  maybe
• 3:24
  get
• 3:25
  on
• 3:25
  the
• 3:25
  same
• 3:25
  page
• 3:25
  for
• 3:26
  this
• 3:26
  discussion.
• 3:27
  First
• 3:27
  off,
• 3:28
  yes,
• 3:28
  we
• 3:29
  have
• 3:29
  a
• 3:29
  housing
• 3:30
  problem
• 3:30
  for
• 3:31
  affordable
• 3:31
  housing
• 3:32
  for
• 3:32
  people,
• 3:33
  my
• 3:33
  kids,
• 3:34
  that
• 3:34
  are
• 3:34
  in
• 3:34
  their
• 3:34
  20s.
• 3:35
  One
• 3:36
  of
• 3:36
  them
• 3:36
  has
• 3:36
  a
• 3:36
  house
• 3:37
  he
• 3:37
  bought,
• 3:38
  him
• 3:38
  and
• 3:38
  his
• 3:38
  wife.
• 3:39
  They
• 3:40
  had
• 3:40
  to
• 3:40
  move
• 3:40
  out
• 3:40
  to
• 3:40
  North
• 3:40
  Dakota
• 3:41
  to
• 3:41
  be
• 3:41
  able
• 3:41
  to
• 3:42
  afford
• 3:42
  it.
• 3:43
  But
• 3:43
  in
• 3:43
  many
• 3:44
  places
• 3:44
  out
• 3:44
  there,
• 3:45
  people
• 3:45
  under
• 3:46
  the
• 3:46
  age
• 3:46
  of
• 3:46
  35,
• 3:47
  it's
• 3:47
  almost
• 3:48
  impossible
• 3:49
  for
• 3:49
  them
• 3:50
  with
• 3:50
  a
• 3:50
  decent
• 3:50
  job,
• 3:52
  being
• 3:52
  a
• 3:52
  professional,
• 3:53
  to
• 3:53
  afford
• 3:54
  a
• 3:54
  house
• 3:54
  these
• 3:55
  days.
• 3:55
  And
• 3:55
  that's
• 3:56
  a
• 3:56
  severe
• 3:57
  problem.
• 3:58
  Now
• 3:58
  on
• 3:58
  the
• 3:59
  west
• 3:59
  coast.
• 3:59
  Out
• 3:59
  here
• 3:59
  we've
• 4:00
  got
• 4:00
  some
• 4:00
  issues
• 4:00
  where
• 4:01
  government
• 4:01
  gets
• 4:01
  in
• 4:01
  the
• 4:02
  way
• 4:02
  of
• 4:02
  affordable
• 4:03
  housing.
• 4:04
  But
• 4:04
  let's
• 4:05
  talk
• 4:05
  about
• 4:05
  that
• 4:05
  a
• 4:06
  little
• 4:06
  bit.
• 4:06
  And
• 4:07
  there
• 4:07
  are
• 4:07
  certain
• 4:07
  areas
• 4:08
  in
• 4:08
  the
• 4:08
  country,
• 4:08
  Oregon
• 4:09
  is
• 4:09
  one
• 4:09
  of
• 4:09
  them.
• 4:10
  And
• 4:11
  I
• 4:11
  can
• 4:11
  talk
• 4:11
  about
• 4:11
  this
• 4:12
  because
• 4:12
  I
• 4:12
  see
• 4:12
  it
• 4:12
  here
• 4:13
  every
• 4:13
  single
• 4:13
  day
• 4:13
  where
• 4:13
  I
• 4:14
  live.
• 4:15
  So
• 4:15
  we
• 4:15
  have
• 4:15
  what
• 4:16
  we
• 4:16
  call
• 4:16
  urban
• 4:17
  growth
• 4:17
  boundaries.
• 4:18
  And
• 4:19
  what
• 4:19
  this
• 4:19
  is,
• 4:20
  the
• 4:20
  state
• 4:20
  of
• 4:20
  Oregon
• 4:21
  has
• 4:21
  forced
• 4:21
  every
• 4:22
  city
• 4:23
  to
• 4:23
  come
• 4:23
  up
• 4:23
  with
• 4:23
  a
• 4:24
  20
• 4:24
  year
• 4:24
  plan
• 4:24
  of
• 4:25
  how
• 4:25
  to
• 4:25
  keep
• 4:26
  the
• 4:26
  city
• 4:27
  dense
• 4:28
  and
• 4:28
  of
• 4:28
  course
• 4:29
  not
• 4:29
  build
• 4:29
  outside
• 4:30
  of
• 4:30
  it.
• 4:31
  And
• 4:31
  this
• 4:31
  is
• 4:31
  the
• 4:31
  land
• 4:32
  of
• 4:32
  good
• 4:32
  intentions.
• 4:33
  They're
• 4:34
  trying
• 4:34
  to
• 4:34
  keep
• 4:34
  urban
• 4:35
  sprawl,
• 4:36
  keep
• 4:36
  the
• 4:36
  farmland,
• 4:37
  keep
• 4:37
  the
• 4:38
  forests,
• 4:39
  I
• 4:39
  get
• 4:39
  that.
• 4:40
  But
• 4:40
  a
• 4:41
  majority
• 4:41
  of
• 4:41
  our
• 4:41
  land
• 4:42
  in
• 4:42
  the
• 4:42
  state
• 4:42
  of
• 4:43
  Oregon
• 4:43
  is
• 4:44
  forests
• 4:45
  and
• 4:46
  federal
• 4:46
  or
• 4:47
  state
• 4:47
  land.
• 4:48
  So
• 4:48
  it's
• 4:49
  really
• 4:49
  interesting
• 4:50
  when
• 4:50
  you
• 4:50
  go
• 4:50
  out
• 4:50
  to
• 4:50
  other
• 4:51
  states,
• 4:52
  there's
• 4:52
  an
• 4:52
  interesting
• 4:53
  mix
• 4:53
  of
• 4:54
  that
• 4:54
  can
• 4:55
  be
• 4:55
  saved,
• 4:56
  should
• 4:56
  be
• 4:56
  saved.
• 4:57
  And
• 4:57
  let's
• 4:57
  talk
• 4:58
  about
• 4:58
  those
• 4:58
  numbers
• 4:58
  for
• 4:58
  just
• 4:59
  a
• 4:59
  second.
• 4:59
  I
• 5:00
  found
• 5:00
  a
• 5:00
  really
• 5:00
  cool
• 5:01
  list.
• 5:01
  I
• 5:01
  think
• 5:01
  it's
• 5:02
  over
• 5:02
  at
• 5:02
  ballotpedia.
• 5:03
  And
• 5:03
  it
• 5:04
  talks
• 5:04
  about
• 5:04
  federal,
• 5:05
  so
• 5:05
  not
• 5:05
  what
• 5:05
  the
• 5:06
  state
• 5:06
  owns,
• 5:06
  but
• 5:06
  what
• 5:07
  federally
• 5:07
  owns,
• 5:08
  like
• 5:08
  national
• 5:09
  park
• 5:09
  service
• 5:10
  or
• 5:10
  U.
• 5:10
  S
• 5:10
  Fish
• 5:11
  and
• 5:11
  wildlife,
• 5:12
  U.
• 5:12
  S
• 5:12
  Bureau
• 5:13
  of
• 5:13
  land
• 5:13
  management,
• 5:14
  which
• 5:14
  is
• 5:14
  the
• 5:14
  BLM
• 5:15
  or
• 5:16
  department
• 5:16
  of
• 5:17
  interior,
• 5:17
  and
• 5:17
  the
• 5:17
  U.
• 5:18
  S
• 5:18
  Forest
• 5:18
  service,
• 5:19
  basically
• 5:20
  the
• 5:20
  land
• 5:21
  that
• 5:21
  they
• 5:21
  own
• 5:21
  in
• 5:22
  each
• 5:22
  state.
• 5:22
  So
• 5:23
  in
• 5:23
  Oregon
• 5:23
  here
• 5:24
  as
• 5:24
  a
• 5:24
  great
• 5:24
  example,
• 5:25
  we
• 5:25
  have
• 5:26
  52.3%
• 5:29
  is
• 5:29
  owned
• 5:29
  by
• 5:30
  the
• 5:30
  federal
• 5:30
  government.
• 5:31
  So
• 5:31
  guess
• 5:31
  what,
• 5:32
  you're
• 5:32
  not
• 5:32
  building
• 5:32
  houses
• 5:33
  on
• 5:33
  that.
• 5:34
  That's
• 5:34
  going
• 5:34
  to
• 5:35
  be
• 5:35
  federally
• 5:35
  managed.
• 5:36
  And
• 5:36
  so
• 5:36
  that
• 5:36
  is
• 5:36
  a
• 5:37
  significant
• 5:37
  amount
• 5:38
  of
• 5:38
  land.
• 5:39
  You
• 5:39
  go
• 5:39
  to
• 5:39
  rhode
• 5:40
  island,
• 5:41
  that's
• 5:41
  0.7%.
• 5:43
  Or
• 5:44
  if
• 5:44
  you
• 5:44
  go
• 5:44
  to
• 5:44
  Maine,
• 5:45
  we're
• 5:46
  talking
• 5:46
  sheesh,
• 5:47
  again,
• 5:48
  we're
• 5:48
  talking
• 5:48
  little
• 5:49
  stuff.
• 5:49
  1.5%,
• 5:51
  Alaska
• 5:52
  60.9%,
• 5:54
  California
• 5:55
  45.4.
• 5:57
  So
• 5:57
  you
• 5:58
  start
• 5:58
  to
• 5:58
  see
• 5:58
  how
• 5:58
  these
• 5:59
  things
• 5:59
  happen
• 5:59
  here.
• 6:00
  Nevada
• 6:01
  80.1,
• 6:03
  New
• 6:03
  Jersey
• 6:04
  3.6,
• 6:06
  New
• 6:06
  York.8%.
• 6:09
  So
• 6:09
  you
• 6:09
  start
• 6:09
  to
• 6:10
  see
• 6:10
  how
• 6:10
  this
• 6:10
  stuff
• 6:11
  bounces
• 6:11
  around.
• 6:13
  Washington
• 6:13
  state
• 6:14
  is
• 6:14
  interesting.
• 6:15
  They
• 6:15
  only
• 6:16
  have
• 6:16
  28.6%,
• 6:18
  but
• 6:18
  Wyoming
• 6:19
  is
• 6:19
  46.
• 6:19
  So
• 6:20
  you
• 6:20
  start
• 6:20
  to
• 6:20
  get
• 6:20
  where
• 6:20
  we're
• 6:21
  going
• 6:21
  with
• 6:21
  this.
• 6:22
  So
• 6:23
  really
• 6:23
  we
• 6:23
  already
• 6:24
  have
• 6:24
  a
• 6:24
  ton
• 6:25
  of
• 6:25
  protected
• 6:25
  lands
• 6:26
  in
• 6:26
  our
• 6:26
  area
• 6:27
  over
• 6:28
  the
• 6:28
  half
• 6:28
  the
• 6:28
  state
• 6:29
  we
• 6:29
  can't
• 6:29
  be
• 6:30
  building
• 6:30
  anything
• 6:30
  on
• 6:31
  because
• 6:31
  that
• 6:31
  is
• 6:31
  going
• 6:32
  to
• 6:32
  be
• 6:32
  federal
• 6:32
  land
• 6:33
  that
• 6:33
  is
• 6:33
  managed,
• 6:34
  not
• 6:34
  going
• 6:34
  to
• 6:35
  happen.
• 6:36
  So
• 6:36
  this
• 6:36
  is
• 6:36
  a
• 6:36
  law
• 6:37
  of
• 6:37
  supply
• 6:37
  and
• 6:38
  demand.
• 6:39
  So
• 6:39
  what
• 6:39
  we
• 6:39
  see
• 6:40
  with
• 6:40
  these
• 6:40
  urban
• 6:40
  growth
• 6:41
  boundaries
• 6:41
  is,
• 6:41
  yeah,
• 6:42
  we're
• 6:42
  maybe
• 6:42
  protecting
• 6:43
  farmland.
• 6:44
  But
• 6:44
  the
• 6:44
  problem
• 6:45
  is
• 6:45
  like
• 6:45
  in
• 6:46
  our
• 6:46
  area
• 6:46
  here,
• 6:46
  I've
• 6:47
  got
• 6:47
  a
• 6:47
  lot
• 6:47
  of
• 6:47
  area
• 6:48
  out
• 6:48
  there
• 6:49
  that's
• 6:49
  land
• 6:49
  that's
• 6:50
  not
• 6:50
  being
• 6:50
  farmed.
• 6:51
  It
• 6:51
  hasn't
• 6:51
  been
• 6:51
  farmed
• 6:52
  for
• 6:52
  decades,
• 6:53
  but
• 6:54
  people
• 6:54
  aren't
• 6:54
  able
• 6:55
  to
• 6:55
  build
• 6:55
  on
• 6:55
  those
• 6:55
  homes.
• 6:56
  So
• 6:56
  what
• 6:56
  happens
• 6:57
  now
• 6:57
  is
• 6:57
  when
• 6:57
  I
• 6:57
  jump
• 6:57
  online
• 6:58
  in
• 6:58
  my
• 6:58
  area
• 6:59
  and
• 6:59
  want
• 7:00
  to
• 7:00
  look
• 7:00
  for
• 7:00
  a
• 7:00
  lot,
• 7:01
  I'm
• 7:01
  3,
• 7:02
  4,
• 7:03
  $500,000
• 7:04
  for
• 7:04
  a
• 7:04
  lot.
• 7:05
  If
• 7:05
  they
• 7:06
  didn't
• 7:06
  have
• 7:06
  that
• 7:06
  urban
• 7:07
  growth
• 7:07
  boundary,
• 7:08
  this
• 7:08
  is
• 7:08
  a
• 7:08
  supply
• 7:09
  and
• 7:09
  demand
• 7:09
  thing.
• 7:09
  In
• 7:10
  my
• 7:10
  city
• 7:10
  right
• 7:10
  now,
• 7:11
  I
• 7:11
  think
• 7:11
  there
• 7:12
  are
• 7:12
  three
• 7:12
  buildable
• 7:13
  lots.
• 7:14
  That's
• 7:14
  it.
• 7:15
  And
• 7:16
  so
• 7:16
  the
• 7:16
  problem
• 7:16
  is
• 7:17
  though,
• 7:17
  is
• 7:17
  that
• 7:17
  there's
• 7:18
  a
• 7:18
  lot
• 7:18
  of
• 7:18
  places
• 7:19
  that
• 7:19
  aren't
• 7:19
  that
• 7:19
  are
• 7:20
  part
• 7:20
  of
• 7:20
  the
• 7:20
  urban
• 7:20
  growth
• 7:21
  boundary,
• 7:21
  especially
• 7:21
  when
• 7:22
  you
• 7:22
  got
• 7:22
  outside
• 7:22
  of
• 7:22
  the
• 7:22
  city
• 7:23
  or
• 7:23
  the
• 7:24
  urban
• 7:24
  growth
• 7:24
  area
• 7:25
  of
• 7:25
  Portland
• 7:26
  as
• 7:26
  a
• 7:26
  whole.
• 7:27
  And
• 7:27
  these
• 7:27
  are
• 7:28
  not
• 7:28
  things
• 7:28
  that
• 7:28
  people
• 7:28
  vote
• 7:29
  on.
• 7:29
  This
• 7:29
  is
• 7:30
  unelected.
• 7:31
  That
• 7:31
  usually
• 7:32
  runs
• 7:32
  this
• 7:32
  stuff.
• 7:33
  So
• 7:34
  this
• 7:34
  is
• 7:34
  where
• 7:34
  the
• 7:35
  issue
• 7:35
  is.
• 7:36
  And
• 7:36
  so
• 7:36
  what
• 7:36
  happens
• 7:37
  is
• 7:37
  it
• 7:37
  creates
• 7:38
  with
• 7:38
  supply
• 7:38
  and
• 7:38
  demand.
• 7:39
  If
• 7:40
  there
• 7:40
  was
• 7:40
  a
• 7:41
  hundred
• 7:41
  lots
• 7:41
  out
• 7:42
  there,
• 7:42
  we
• 7:43
  might
• 7:43
  see
• 7:44
  Maybe
• 7:45
  prices
• 7:45
  down
• 7:46
  $150,000
• 7:48
  or
• 7:48
  200,000,
• 7:49
  not
• 7:49
  4
• 7:50
  to
• 7:50
  500,000.
• 7:52
  So
• 7:52
  easily
• 7:52
  just
• 7:53
  on
• 7:53
  the
• 7:53
  price
• 7:53
  of
• 7:53
  the
• 7:54
  land
• 7:54
  because
• 7:54
  of
• 7:54
  the
• 7:55
  urban
• 7:55
  growth
• 7:55
  boundary
• 7:56
  and
• 7:56
  the
• 7:56
  limit
• 7:57
  of
• 7:57
  supply
• 7:58
  in
• 7:59
  areas
• 7:59
  that
• 7:59
  have
• 7:59
  this
• 8:00
  urban
• 8:00
  growth
• 8:00
  boundary,
• 8:01
  that
• 8:02
  is
• 8:02
  one
• 8:02
  of
• 8:02
  those
• 8:02
  things
• 8:02
  that
• 8:03
  artificially
• 8:03
  raises
• 8:04
  the
• 8:04
  price
• 8:04
  because
• 8:05
  you've
• 8:06
  got
• 8:06
  a
• 8:06
  hundred
• 8:07
  people
• 8:07
  looking
• 8:07
  at
• 8:07
  four
• 8:08
  lots.
• 8:08
  Guess
• 8:08
  what?
• 8:08
  That
• 8:09
  gets
• 8:09
  more
• 8:09
  expensive
• 8:10
  when
• 8:10
  you
• 8:10
  have
• 8:10
  a
• 8:10
  bidding
• 8:10
  war
• 8:11
  where
• 8:11
  if
• 8:12
  you
• 8:12
  have
• 8:12
  50
• 8:12
  people
• 8:13
  looking
• 8:13
  at
• 8:13
  a
• 8:13
  hundred
• 8:13
  lots,
• 8:15
  it's
• 8:15
  a
• 8:15
  different
• 8:15
  program.
• 8:17
  So
• 8:17
  that's
• 8:17
  one
• 8:17
  of
• 8:17
  the
• 8:17
  things
• 8:18
  that
• 8:18
  I
• 8:18
  think
• 8:18
  we
• 8:19
  need
• 8:19
  to
• 8:19
  modify
• 8:19
  out
• 8:20
  there
• 8:20
  in
• 8:20
  some
• 8:20
  states
• 8:21
  that
• 8:21
  do
• 8:21
  this
• 8:22
  because
• 8:22
  we
• 8:23
  need
• 8:23
  to
• 8:23
  find
• 8:23
  a
• 8:23
  better
• 8:24
  balance
• 8:24
  between
• 8:25
  protecting
• 8:26
  farms,
• 8:26
  which
• 8:26
  I'm
• 8:27
  all
• 8:27
  about,
• 8:28
  and
• 8:28
  of
• 8:28
  course
• 8:29
  building
• 8:30
  homes
• 8:30
  and
• 8:31
  having
• 8:31
  affordable
• 8:31
  houses
• 8:32
  for
• 8:32
  people
• 8:33
  out
• 8:33
  there.
• 8:34
  Now
• 8:34
  another
• 8:34
  thing
• 8:35
  that's
• 8:35
  really
• 8:36
  raised
• 8:36
  up
• 8:36
  our
• 8:37
  prices
• 8:37
  out
• 8:37
  there,
• 8:38
  labor.
• 8:40
  We
• 8:40
  are
• 8:40
  short
• 8:41
  what,
• 8:41
  450,000
• 8:43
  jobs
• 8:43
  out
• 8:43
  there
• 8:44
  right
• 8:44
  now
• 8:44
  across
• 8:44
  the
• 8:44
  country,
• 8:45
  blue
• 8:46
  collar
• 8:46
  jobs
• 8:47
  in
• 8:47
  construction.
• 8:48
  These
• 8:48
  are
• 8:48
  jobs
• 8:49
  that
• 8:49
  people,
• 8:49
  electricians,
• 8:50
  H
• 8:50
  Vac,
• 8:52
  carpenters,
• 8:52
  framers,
• 8:53
  go
• 8:53
  down
• 8:54
  the
• 8:54
  list.
• 8:55
  We
• 8:55
  have
• 8:55
  not
• 8:56
  filled
• 8:56
  those
• 8:56
  yet.
• 8:57
  Now
• 8:58
  trade
• 8:58
  schools,
• 8:58
  we're
• 8:59
  starting
• 8:59
  to
• 8:59
  get
• 8:59
  this
• 9:00
  turnaround.
• 9:00
  I'm
• 9:00
  seeing
• 9:01
  more
• 9:01
  and
• 9:01
  more
• 9:01
  areas
• 9:02
  in
• 9:02
  states
• 9:03
  all
• 9:03
  of
• 9:03
  a
• 9:03
  sudden
• 9:04
  figuring
• 9:04
  out,
• 9:05
  wait
• 9:05
  a
• 9:05
  minute,
• 9:06
  we've
• 9:06
  got
• 9:07
  a
• 9:07
  shortage.
• 9:07
  We've
• 9:07
  had
• 9:08
  a
• 9:08
  shortage
• 9:08
  for
• 9:09
  30
• 9:09
  years.
• 9:10
  We're
• 9:10
  30
• 9:11
  years
• 9:11
  behind
• 9:11
  on
• 9:12
  that.
• 9:12
  What
• 9:13
  we're
• 9:13
  seeing,
• 9:13
  though,
• 9:14
  is
• 9:14
  that
• 9:14
  this
• 9:14
  is
• 9:15
  causing
• 9:16
  rates
• 9:16
  to
• 9:16
  go
• 9:16
  up
• 9:17
  for
• 9:17
  what
• 9:17
  you
• 9:17
  pay.
• 9:18
  You're
• 9:18
  not
• 9:18
  going
• 9:19
  to
• 9:19
  get
• 9:20
  that
• 9:20
  plumber
• 9:20
  out
• 9:20
  there
• 9:21
  or
• 9:21
  that
• 9:21
  H
• 9:21
  Vac
• 9:22
  technician
• 9:23
  out
• 9:23
  there
• 9:23
  for
• 9:23
  under
• 9:23
  a
• 9:24
  couple
• 9:24
  hundred
• 9:24
  bucks
• 9:24
  now
• 9:25
  for
• 9:26
  most
• 9:26
  people.
• 9:27
  So
• 9:27
  you
• 9:28
  look
• 9:28
  at
• 9:28
  what
• 9:29
  electricians
• 9:31
  and
• 9:31
  carpenters,
• 9:32
  you're
• 9:33
  seeing
• 9:33
  people
• 9:33
  now
• 9:34
  all
• 9:34
  of
• 9:34
  a
• 9:34
  sudden,
• 9:35
  especially
• 9:35
  in
• 9:36
  H
• 9:36
  Vac,
• 9:36
  plumbing,
• 9:37
  electrical,
• 9:38
  you're
• 9:38
  seeing
• 9:38
  people
• 9:38
  out
• 9:38
  there
• 9:39
  making
• 9:39
  six
• 9:39
  figures
• 9:39
  a
• 9:39
  year
• 9:40
  that
• 9:40
  are
• 9:40
  journeymen.
• 9:42
  So
• 9:42
  this
• 9:42
  is
• 9:42
  where
• 9:43
  we're
• 9:43
  starting
• 9:43
  to
• 9:43
  see
• 9:44
  where
• 9:44
  this
• 9:45
  stuff
• 9:45
  starts
• 9:45
  to
• 9:45
  get
• 9:46
  expensive.
• 9:47
  Now
• 9:47
  that
• 9:47
  you've
• 9:48
  got
• 9:48
  all
• 9:48
  these
• 9:48
  trades
• 9:48
  working
• 9:49
  on
• 9:49
  that
• 9:49
  house,
• 9:50
  it's
• 9:50
  great
• 9:50
  that
• 9:50
  they
• 9:51
  have
• 9:51
  jobs,
• 9:52
  but
• 9:53
  we
• 9:53
  have
• 9:53
  a
• 9:53
  shortage.
• 9:54
  There's
• 9:54
  not
• 9:54
  enough
• 9:54
  crews
• 9:55
  out
• 9:55
  there
• 9:55
  building.
• 9:56
  And
• 9:56
  that's
• 9:56
  an
• 9:57
  issue
• 9:57
  now
• 9:57
  in
• 9:58
  my
• 9:58
  state
• 9:58
  right
• 9:58
  now.
• 9:58
  We're
• 9:59
  seeing
• 9:59
  a
• 9:59
  really
• 9:59
  huge
• 10:00
  slowdown
• 10:00
  of
• 10:01
  homes
• 10:01
  right
• 10:01
  now
• 10:01
  because
• 10:01
  of
• 10:02
  interest
• 10:02
  rates,
• 10:03
  tariffs,
• 10:03
  the
• 10:04
  economy,
• 10:04
  all
• 10:04
  that
• 10:05
  stuff
• 10:05
  right
• 10:05
  now.
• 10:06
  It
• 10:06
  has
• 10:06
  been
• 10:06
  slowing
• 10:07
  for
• 10:07
  over
• 10:07
  a
• 10:08
  year
• 10:09
  now.
• 10:09
  We're
• 10:09
  starting
• 10:09
  to
• 10:10
  really
• 10:10
  see
• 10:10
  that
• 10:10
  right
• 10:10
  now.
• 10:11
  So
• 10:11
  I
• 10:11
  hopefully
• 10:11
  we'll
• 10:11
  get
• 10:12
  some
• 10:12
  stuff
• 10:12
  changed
• 10:12
  around
• 10:13
  and
• 10:14
  I
• 10:14
  wanted
• 10:14
  to
• 10:14
  talk
• 10:14
  a
• 10:15
  little
• 10:15
  bit
• 10:15
  about
• 10:15
  some
• 10:15
  of
• 10:16
  these
• 10:16
  fees
• 10:16
  of
• 10:16
  what
• 10:16
  we're
• 10:17
  seeing
• 10:17
  out
• 10:17
  there
• 10:18
  for
• 10:18
  some
• 10:18
  people
• 10:18
  to
• 10:18
  build
• 10:19
  homes.
• 10:19
  If
• 10:19
  you're
• 10:20
  going
• 10:20
  to
• 10:20
  build
• 10:20
  a
• 10:20
  new
• 10:20
  home
• 10:21
  in
• 10:21
  certain
• 10:21
  cities,
• 10:22
  I
• 10:22
  want
• 10:22
  you
• 10:22
  to
• 10:22
  listen
• 10:23
  to
• 10:23
  this
• 10:23
  because
• 10:23
  you
• 10:24
  might
• 10:24
  be
• 10:24
  surprised
• 10:25
  at
• 10:25
  what
• 10:25
  they're
• 10:26
  going
• 10:26
  to
• 10:26
  charge
• 10:26
  you
• 10:27
  to
• 10:27
  just
• 10:27
  get
• 10:28
  the
• 10:28
  building
• 10:28
  permit.
• 10:28
  Don't
• 10:29
  change
• 10:29
  that
• 10:29
  dial
• 10:30
  around
• 10:30
  the
• 10:30
  house.
• 10:30
  We'll
• 10:30
  be
• 10:30
  right
• 10:31
  back
• 10:31
  after
• 10:31
  these
• 10:31
  important
• 10:32
  messages.
• 10:32
  We're
• 10:33
  just
• 10:33
  getting
• 10:33
  started.
• 10:34
  Should
• 10:34
  I
• 10:36
  be
• 10:36
  allowed
• 10:37
  to
• 10:37
  be
• 10:38
  so
• 10:38
  hot,
• 10:43
  so
• 10:44
  many
• 10:45
  people
• 10:45
  without.
• 12:30
  Welcome
• 12:31
  back
• 12:31
  to
• 12:31
  the
• 12:31
  around
• 12:31
  the
• 12:32
  House
• 12:32
  show,
• 12:32
  the
• 12:32
  next
• 12:32
  generation
• 12:33
  of
• 12:33
  home
• 12:33
  improvement.
• 12:34
  I'm
• 12:34
  Eric
• 12:34
  G.
• 12:34
  Thanks
• 12:35
  for
• 12:35
  joining
• 12:35
  me
• 12:35
  today.
• 12:36
  This
• 12:36
  hour
• 12:36
  is
• 12:36
  brought
• 12:36
  to
• 12:37
  you
• 12:37
  by
• 12:37
  our
• 12:37
  friends
• 12:37
  at
• 12:37
  Monument
• 12:38
  Grills.
• 12:38
  Check
• 12:38
  them
• 12:39
  out
• 12:39
  and
• 12:39
  their
• 12:39
  new
• 12:40
  Omni
• 12:40
  Pro
• 12:40
  evanescence
• 12:41
  series@monumentgrills.com
• 12:43
  if
• 12:44
  you're
• 12:44
  looking
• 12:44
  for
• 12:44
  that
• 12:44
  brand
• 12:45
  new
• 12:45
  barbecue
• 12:46
  that'll
• 12:46
  tell
• 12:46
  you
• 12:47
  when
• 12:47
  your
• 12:47
  propane
• 12:47
  tanks
• 12:48
  empty.
• 12:49
  Or
• 12:49
  maybe
• 12:49
  you
• 12:49
  want
• 12:50
  to
• 12:50
  use
• 12:50
  it
• 12:50
  on
• 12:50
  propane
• 12:51
  until
• 12:51
  you
• 12:51
  get
• 12:51
  the
• 12:51
  gas
• 12:52
  over,
• 12:52
  but
• 12:52
  you
• 12:52
  want
• 12:52
  to
• 12:52
  convert
• 12:53
  it.
• 12:53
  Or
• 12:53
  if
• 12:54
  you
• 12:54
  want
• 12:54
  to
• 12:54
  have
• 12:54
  that
• 12:54
  really
• 12:55
  cool
• 12:56
  open
• 12:56
  glass,
• 12:57
  you
• 12:57
  can
• 12:57
  look
• 12:58
  to
• 12:58
  see
• 12:58
  without
• 12:58
  opening
• 12:59
  the
• 12:59
  lid
• 12:59
  to
• 12:59
  see
• 12:59
  if
• 13:00
  things
• 13:00
  are
• 13:00
  cooking
• 13:00
  well,
• 13:01
  check
• 13:01
  them
• 13:01
  out@moneymcrills.com
• 13:03
  we've
• 13:03
  been
• 13:03
  talking
• 13:03
  about
• 13:04
  our
• 13:04
  housing
• 13:04
  crisis
• 13:05
  and
• 13:05
  what
• 13:05
  we
• 13:05
  can
• 13:05
  do
• 13:05
  to
• 13:06
  get
• 13:06
  things
• 13:06
  back
• 13:06
  on
• 13:06
  track.
• 13:07
  And
• 13:08
  there's
• 13:08
  a
• 13:08
  lot
• 13:08
  that
• 13:08
  we
• 13:08
  can
• 13:09
  be
• 13:09
  doing
• 13:09
  out
• 13:09
  there.
• 13:09
  And
• 13:10
  I
• 13:10
  wanted
• 13:10
  to
• 13:10
  really
• 13:10
  dive
• 13:10
  into
• 13:11
  the
• 13:11
  education
• 13:11
  part
• 13:11
  of
• 13:12
  this
• 13:12
  because
• 13:12
  there
• 13:13
  are
• 13:13
  so
• 13:13
  many
• 13:13
  people
• 13:13
  out
• 13:13
  there
• 13:14
  that
• 13:14
  can't
• 13:14
  afford
• 13:15
  homes
• 13:15
  that
• 13:15
  have
• 13:15
  really
• 13:15
  good
• 13:16
  jobs.
• 13:16
  But
• 13:17
  the
• 13:17
  housing
• 13:17
  prices
• 13:17
  have
• 13:18
  just
• 13:18
  gone
• 13:18
  over
• 13:19
  the
• 13:19
  top.
• 13:20
  And
• 13:20
  it's
• 13:20
  been
• 13:21
  a
• 13:21
  serious
• 13:21
  issue
• 13:21
  that
• 13:22
  I
• 13:22
  want
• 13:22
  to
• 13:22
  really
• 13:22
  address
• 13:23
  here.
• 13:23
  Maybe
• 13:24
  we
• 13:24
  can
• 13:24
  all
• 13:24
  team
• 13:24
  up
• 13:25
  together
• 13:25
  and
• 13:26
  make
• 13:26
  a
• 13:26
  difference
• 13:26
  out
• 13:27
  there
• 13:27
  for
• 13:27
  people.
• 13:28
  Now
• 13:28
  one
• 13:28
  of
• 13:28
  the
• 13:29
  big
• 13:29
  things
• 13:29
  I'm
• 13:29
  seeing
• 13:30
  out
• 13:30
  there
• 13:30
  when
• 13:30
  it
• 13:31
  comes
• 13:31
  to
• 13:31
  fees
• 13:31
  out
• 13:32
  there
• 13:32
  are
• 13:32
  certain
• 13:32
  places
• 13:33
  in
• 13:33
  the
• 13:33
  country
• 13:33
  that
• 13:33
  are
• 13:33
  just
• 13:34
  heavily
• 13:34
  contributing.
• 13:35
  And
• 13:35
  if
• 13:35
  you
• 13:36
  saw
• 13:36
  my
• 13:36
  post
• 13:36
  last
• 13:37
  week
• 13:37
  on
• 13:37
  the
• 13:37
  around
• 13:37
  the
• 13:38
  house
• 13:38
  Facebook
• 13:38
  page,
• 13:39
  I
• 13:40
  really
• 13:40
  talked
• 13:40
  about
• 13:40
  it
• 13:41
  there
• 13:41
  because
• 13:42
  our
• 13:42
  development
• 13:43
  fees
• 13:43
  here
• 13:44
  in
• 13:44
  Oregon
• 13:45
  and
• 13:46
  specifically
• 13:47
  in
• 13:47
  the
• 13:47
  city
• 13:47
  of
• 13:48
  Portland
• 13:49
  is
• 13:49
  completely
• 13:50
  out
• 13:50
  of
• 13:51
  control.
• 13:51
  I
• 13:52
  have
• 13:52
  seen
• 13:52
  those
• 13:52
  fees
• 13:53
  get
• 13:53
  up
• 13:54
  to
• 13:54
  60,
• 13:55
  $70,000.
• 13:57
  Should
• 13:58
  just
• 13:58
  be
• 13:58
  able
• 13:58
  to
• 13:59
  sit
• 13:59
  there
• 13:59
  and
• 14:00
  get
• 14:00
  a
• 14:00
  building
• 14:00
  permit
• 14:01
  to
• 14:01
  build
• 14:01
  your
• 14:02
  house
• 14:02
  in
• 14:03
  the
• 14:03
  city
• 14:03
  limits.
• 14:04
  And
• 14:04
  it
• 14:04
  is
• 14:05
  absolutely
• 14:07
  crazy.
• 14:08
  As
• 14:08
  an
• 14:08
  example,
• 14:09
  these
• 14:10
  system
• 14:10
  development
• 14:11
  charges
• 14:11
  can
• 14:12
  be
• 14:12
  absolutely
• 14:13
  crazy.
• 14:14
  So
• 14:14
  let's
• 14:15
  dive
• 14:15
  into
• 14:15
  this.
• 14:15
  These
• 14:16
  are
• 14:16
  some
• 14:16
  serious
• 14:17
  numbers
• 14:17
  when
• 14:17
  you
• 14:17
  start
• 14:18
  looking
• 14:18
  at
• 14:18
  stuff.
• 14:19
  So
• 14:19
  when
• 14:20
  I
• 14:20
  start
• 14:20
  looking
• 14:20
  at
• 14:21
  sanitary
• 14:22
  sewer
• 14:23
  system
• 14:23
  development
• 14:23
  charges.
• 14:24
  So
• 14:24
  they
• 14:25
  have
• 14:25
  this
• 14:25
  basically
• 14:26
  when
• 14:26
  you
• 14:27
  start
• 14:27
  out
• 14:27
  for
• 14:28
  residential,
• 14:29
  this
• 14:29
  is
• 14:29
  the
• 14:29
  cheapest
• 14:30
  one
• 14:30
  here.
• 14:31
  So
• 14:33
  rate
• 14:33
  per
• 14:33
  drainage
• 14:34
  fixture,
• 14:35
  not
• 14:36
  going
• 14:36
  to
• 14:36
  get
• 14:36
  into
• 14:36
  the
• 14:36
  weeds
• 14:36
  on
• 14:37
  this.
• 14:37
  $327.
• 14:39
  But
• 14:40
  stormwater
• 14:41
  system
• 14:41
  development
• 14:42
  charges
• 14:42
  $507
• 14:44
  per
• 14:44
  thousand
• 14:45
  square
• 14:45
  feet
• 14:46
  of
• 14:46
  storm
• 14:47
  water
• 14:47
  billable
• 14:47
  area.
• 14:48
  So
• 14:49
  they're
• 14:49
  talking
• 14:49
  about
• 14:49
  areas
• 14:50
  that
• 14:50
  you
• 14:50
  have
• 14:50
  cover
• 14:51
  buildings,
• 14:52
  rooftop
• 14:53
  patios,
• 14:54
  driveways,
• 14:55
  all
• 14:55
  that
• 14:55
  stuff
• 14:56
  comes
• 14:56
  up.
• 14:57
  So
• 14:58
  it
• 14:58
  is
• 14:58
  absolutely
• 14:59
  crazy.
• 15:00
  Now
• 15:00
  that's
• 15:00
  not
• 15:00
  even
• 15:01
  where
• 15:01
  it
• 15:01
  gets
• 15:01
  bad.
• 15:02
  If
• 15:02
  I'm
• 15:02
  going
• 15:02
  to
• 15:02
  build
• 15:03
  a
• 15:03
  2,300
• 15:04
  square
• 15:04
  foot
• 15:04
  house,
• 15:05
  I'm
• 15:06
  not
• 15:06
  in
• 15:06
  the
• 15:06
  central
• 15:07
  city
• 15:07
  area.
• 15:08
  My
• 15:08
  residential
• 15:10
  fees
• 15:11
  here
• 15:11
  for
• 15:11
  park
• 15:12
  and
• 15:12
  rec
• 15:12
  to
• 15:12
  Pay
• 15:12
  for
• 15:12
  parks,
• 15:14
  $17,000.
• 15:16
  17,016.
• 15:18
  So
• 15:18
  $17,016
• 15:21
  for
• 15:21
  non
• 15:21
  Central
• 15:22
  city.
• 15:23
  Now
• 15:23
  this
• 15:23
  also
• 15:24
  goes
• 15:24
  for
• 15:24
  commercial
• 15:24
  buildings.
• 15:25
  So
• 15:25
  we
• 15:25
  see
• 15:25
  that.
• 15:25
  So
• 15:26
  we
• 15:26
  see
• 15:26
  that
• 15:26
  when
• 15:26
  we're
• 15:26
  getting
• 15:27
  into
• 15:27
  affordable
• 15:28
  housing
• 15:28
  units,
• 15:29
  that
• 15:29
  kind
• 15:30
  of
• 15:30
  stuff.
• 15:31
  Now
• 15:31
  let's
• 15:31
  go
• 15:31
  over
• 15:31
  to
• 15:31
  transportation.
• 15:33
  So
• 15:33
  if
• 15:33
  we
• 15:34
  start
• 15:34
  looking
• 15:34
  at
• 15:34
  that,
• 15:35
  this
• 15:35
  is
• 15:35
  where
• 15:36
  this
• 15:36
  stuff
• 15:36
  adds
• 15:37
  up.
• 15:37
  Residential,
• 15:39
  Single
• 15:39
  Family
• 15:40
  House,
• 15:41
  $6,356
• 15:43
  for
• 15:44
  the
• 15:45
  transportation
• 15:46
  development
• 15:47
  charges.
• 15:48
  So
• 15:48
  you're
• 15:49
  paying
• 15:49
  for
• 15:49
  the
• 15:49
  buses,
• 15:49
  you're
• 15:50
  paying
• 15:50
  for
• 15:50
  all
• 15:50
  that
• 15:50
  stuff.
• 15:51
  That's
• 15:51
  what
• 15:51
  that
• 15:52
  is.
• 15:52
  Now
• 15:53
  it
• 15:53
  gets
• 15:53
  pretty
• 15:54
  crazy
• 15:54
  from
• 15:54
  there,
• 15:55
  but
• 15:56
  that's
• 15:57
  where
• 15:57
  that
• 15:57
  is.
• 15:57
  Now
• 15:58
  the
• 15:58
  other
• 15:58
  stuff
• 15:58
  is
• 15:58
  the
• 15:59
  water
• 15:59
  system
• 16:00
  development
• 16:00
  charges.
• 16:02
  So
• 16:02
  if
• 16:02
  I
• 16:02
  have
• 16:03
  a
• 16:03
  3
• 16:03
  quarter
• 16:04
  inch
• 16:04
  water
• 16:04
  meter
• 16:05
  pretty
• 16:05
  common.
• 16:06
  $7,186.
• 16:08
  If
• 16:08
  I
• 16:09
  decide,
• 16:09
  hey,
• 16:09
  I
• 16:09
  want
• 16:10
  to
• 16:10
  have
• 16:10
  a
• 16:10
  sprinkler
• 16:10
  system
• 16:10
  in
• 16:11
  the
• 16:11
  house,
• 16:11
  or
• 16:11
  I've
• 16:11
  got
• 16:12
  some
• 16:12
  other
• 16:13
  stuff,
• 16:13
  I
• 16:13
  need
• 16:13
  to
• 16:13
  go
• 16:13
  to
• 16:13
  a
• 16:14
  1
• 16:14
  inch
• 16:14
  to
• 16:14
  make
• 16:14
  that
• 16:15
  work,
• 16:16
  that
• 16:16
  is
• 16:16
  $11,977.
• 16:20
  Now,
• 16:20
  if
• 16:20
  you
• 16:20
  had
• 16:20
  to
• 16:20
  go
• 16:20
  to
• 16:21
  a
• 16:21
  big
• 16:21
  one,
• 16:21
  maybe
• 16:21
  they're
• 16:22
  forcing
• 16:22
  you
• 16:22
  to
• 16:22
  put
• 16:22
  in
• 16:22
  a
• 16:22
  sprinkler
• 16:23
  system
• 16:23
  or
• 16:23
  you've
• 16:24
  got
• 16:24
  some
• 16:24
  other
• 16:24
  stuff
• 16:24
  where
• 16:24
  you
• 16:25
  need
• 16:25
  it.
• 16:25
  This
• 16:25
  would
• 16:26
  be
• 16:26
  really
• 16:26
  big
• 16:26
  for
• 16:27
  a
• 16:27
  large
• 16:27
  house
• 16:27
  at
• 16:28
  one
• 16:28
  and
• 16:28
  a
• 16:28
  half
• 16:28
  inches.
• 16:29
  That's
• 16:30
  $23,955.
• 16:32
  Now,
• 16:33
  this
• 16:33
  is
• 16:33
  not
• 16:33
  for
• 16:34
  that.
• 16:35
  This
• 16:35
  is
• 16:35
  just
• 16:35
  them
• 16:35
  taking
• 16:36
  the
• 16:36
  water
• 16:36
  meter
• 16:36
  out,
• 16:36
  putting
• 16:37
  it
• 16:37
  in,
• 16:38
  and
• 16:38
  that
• 16:39
  is
• 16:39
  the
• 16:39
  system
• 16:39
  development
• 16:40
  charges.
• 16:40
  You
• 16:41
  can
• 16:41
  see
• 16:42
  on
• 16:42
  top
• 16:42
  of
• 16:43
  the
• 16:43
  11
• 16:43
  pages
• 16:44
  of
• 16:44
  permit
• 16:45
  fees
• 16:45
  that
• 16:45
  they
• 16:45
  have
• 16:46
  that
• 16:46
  we're
• 16:46
  not
• 16:46
  going
• 16:47
  to
• 16:47
  get
• 16:47
  into
• 16:47
  of
• 16:48
  how
• 16:48
  this
• 16:48
  stuff
• 16:48
  can
• 16:49
  be
• 16:50
  50,
• 16:50
  60,
• 16:51
  $70,000
• 16:52
  for
• 16:52
  a
• 16:52
  single
• 16:53
  family
• 16:54
  residents.
• 16:55
  Now,
• 16:56
  I
• 16:56
  will
• 16:56
  say
• 16:58
  that
• 16:58
  the
• 16:58
  light
• 16:58
  bulb
• 16:59
  turned
• 16:59
  to
• 16:59
  dim
• 17:00
  in
• 17:01
  Portland
• 17:01
  and
• 17:02
  in
• 17:02
  at
• 17:02
  the
• 17:02
  Oregon
• 17:03
  governor,
• 17:04
  they
• 17:04
  decided,
• 17:05
  even
• 17:05
  though
• 17:05
  I've
• 17:06
  been
• 17:06
  saying
• 17:06
  for
• 17:06
  a
• 17:06
  decade
• 17:07
  that
• 17:07
  these
• 17:08
  fees
• 17:08
  are
• 17:10
  really
• 17:10
  hurting
• 17:10
  homeowners
• 17:11
  trying
• 17:11
  to
• 17:11
  get
• 17:11
  into
• 17:12
  places,
• 17:13
  they
• 17:13
  are
• 17:14
  decided
• 17:14
  that
• 17:14
  they
• 17:14
  had
• 17:15
  a
• 17:15
  goal
• 17:15
  that
• 17:15
  they
• 17:16
  set
• 17:16
  for
• 17:16
  new
• 17:16
  homes
• 17:17
  to
• 17:18
  cut
• 17:18
  the
• 17:18
  batlock,
• 17:19
  the
• 17:19
  shortage
• 17:19
  of
• 17:19
  homes
• 17:20
  out
• 17:20
  there.
• 17:20
  They
• 17:21
  just
• 17:21
  came
• 17:21
  out
• 17:21
  last
• 17:21
  week
• 17:21
  and
• 17:22
  said,
• 17:22
  hey,
• 17:22
  we're
• 17:22
  gonna,
• 17:23
  we're
• 17:23
  gonna
• 17:23
  maybe
• 17:24
  try
• 17:24
  to
• 17:25
  see
• 17:25
  if
• 17:25
  we
• 17:25
  can
• 17:25
  waive
• 17:25
  these
• 17:26
  fees
• 17:26
  for
• 17:26
  three
• 17:26
  years
• 17:27
  until
• 17:27
  we
• 17:28
  hit
• 17:28
  the
• 17:28
  goal
• 17:28
  of
• 17:29
  what,
• 17:29
  three
• 17:29
  or
• 17:29
  four
• 17:29
  thousand
• 17:30
  units
• 17:30
  that
• 17:30
  they
• 17:30
  want
• 17:31
  to
• 17:31
  have
• 17:31
  out
• 17:31
  there.
• 17:32
  That's
• 17:32
  all
• 17:33
  in
• 17:33
  good.
• 17:34
  But
• 17:34
  that
• 17:35
  adding
• 17:36
  $70,000
• 17:38
  to
• 17:39
  a
• 17:39
  house,
• 17:40
  even
• 17:40
  if
• 17:40
  it's
• 17:41
  $50,000,
• 17:42
  that's
• 17:42
  a
• 17:42
  lot.
• 17:43
  Having
• 17:43
  the
• 17:43
  urban
• 17:44
  growth
• 17:44
  boundary,
• 17:44
  adding
• 17:45
  150,000
• 17:47
  to
• 17:47
  $200,000
• 17:49
  to
• 17:49
  the
• 17:49
  price
• 17:49
  of
• 17:50
  the
• 17:50
  property
• 17:50
  to
• 17:51
  go
• 17:51
  in
• 17:51
  there,
• 17:52
  this
• 17:52
  starts
• 17:52
  to
• 17:52
  add
• 17:53
  up
• 17:53
  really
• 17:53
  quickly.
• 17:55
  And
• 17:55
  that's
• 17:56
  where
• 17:56
  I
• 17:56
  think
• 17:56
  we're
• 17:56
  really
• 17:57
  losing
• 17:57
  it
• 17:57
  as
• 17:57
  far
• 17:58
  as
• 17:58
  common
• 17:59
  sense
• 17:59
  to
• 17:59
  get
• 17:59
  people
• 18:00
  into
• 18:00
  affordable
• 18:00
  housing.
• 18:01
  The
• 18:02
  government
• 18:02
  has
• 18:02
  got
• 18:02
  their
• 18:03
  hands
• 18:03
  so
• 18:03
  deep
• 18:04
  in
• 18:04
  the
• 18:04
  piggy
• 18:04
  bank
• 18:05
  here
• 18:06
  by
• 18:06
  stopping
• 18:07
  the
• 18:07
  growth
• 18:08
  but
• 18:08
  requiring
• 18:08
  it
• 18:09
  because
• 18:09
  they
• 18:09
  have
• 18:09
  their
• 18:09
  goals.
• 18:10
  And
• 18:11
  of
• 18:11
  course,
• 18:11
  these
• 18:11
  development
• 18:11
  fees,
• 18:12
  this
• 18:12
  is
• 18:12
  how
• 18:12
  crazy
• 18:13
  it
• 18:13
  used
• 18:13
  to
• 18:13
  be.
• 18:13
  And
• 18:14
  it's
• 18:14
  still
• 18:14
  that
• 18:14
  same
• 18:14
  way.
• 18:14
  When
• 18:15
  I
• 18:15
  was
• 18:15
  a
• 18:15
  kitchen
• 18:15
  and
• 18:15
  bath
• 18:16
  designer
• 18:16
  working
• 18:16
  in
• 18:16
  Portland,
• 18:18
  I'd
• 18:18
  roll
• 18:18
  up
• 18:18
  to
• 18:18
  somebody's
• 18:19
  house
• 18:19
  and
• 18:19
  if
• 18:19
  we
• 18:19
  were
• 18:19
  spending
• 18:20
  over
• 18:20
  $25,000
• 18:21
  at
• 18:21
  the
• 18:22
  time
• 18:22
  on
• 18:22
  a
• 18:22
  remodel
• 18:23
  project,
• 18:24
  we
• 18:24
  had
• 18:24
  to
• 18:25
  meet
• 18:25
  with
• 18:25
  the
• 18:25
  forestry
• 18:26
  commission,
• 18:26
  and
• 18:26
  they
• 18:26
  would
• 18:26
  come
• 18:26
  out
• 18:27
  and
• 18:27
  tell
• 18:27
  you
• 18:27
  where
• 18:27
  you
• 18:27
  were
• 18:28
  forced
• 18:28
  to
• 18:29
  put
• 18:29
  two
• 18:29
  trees
• 18:29
  in
• 18:30
  your
• 18:30
  yard
• 18:31
  because
• 18:31
  you
• 18:31
  were
• 18:32
  going
• 18:32
  to
• 18:32
  Help
• 18:32
  the
• 18:32
  canopy
• 18:33
  of
• 18:33
  trees
• 18:33
  in
• 18:33
  the
• 18:34
  Portland
• 18:34
  area.
• 18:35
  So
• 18:35
  as
• 18:35
  part
• 18:35
  of
• 18:35
  your
• 18:36
  kitchen
• 18:36
  model,
• 18:36
  you
• 18:36
  had
• 18:36
  to
• 18:37
  put
• 18:37
  in
• 18:37
  thousands
• 18:38
  of
• 18:38
  dollars
• 18:38
  of
• 18:38
  the
• 18:38
  trees
• 18:39
  exactly
• 18:40
  where
• 18:40
  they
• 18:40
  told
• 18:40
  you
• 18:40
  now
• 18:41
  where
• 18:41
  you
• 18:41
  designed
• 18:41
  it,
• 18:41
  but
• 18:42
  where
• 18:42
  they
• 18:42
  told
• 18:42
  you
• 18:43
  they
• 18:43
  wanted
• 18:43
  your
• 18:43
  trees
• 18:44
  put.
• 18:44
  Now
• 18:44
  this
• 18:45
  could
• 18:45
  be
• 18:45
  over.
• 18:46
  I've
• 18:46
  had
• 18:46
  this
• 18:46
  happen.
• 18:46
  They
• 18:47
  put
• 18:47
  it
• 18:47
  over
• 18:47
  and
• 18:47
  that's
• 18:48
  right
• 18:48
  over
• 18:48
  the
• 18:48
  top
• 18:48
  of
• 18:48
  my
• 18:48
  sewer
• 18:49
  line.
• 18:49
  I
• 18:49
  don't
• 18:49
  want
• 18:49
  a
• 18:49
  tree
• 18:50
  right
• 18:50
  there.
• 18:50
  Didn't
• 18:51
  matter.
• 18:51
  That's
• 18:52
  where
• 18:52
  they
• 18:52
  wanted
• 18:52
  it.
• 18:53
  So
• 18:53
  there
• 18:53
  was
• 18:54
  a
• 18:54
  lot
• 18:54
  of
• 18:54
  these
• 18:54
  things
• 18:55
  right
• 18:55
  here
• 18:56
  that
• 18:56
  really
• 18:57
  caused
• 18:58
  some
• 18:58
  serious
• 18:59
  issues
• 19:00
  and
• 19:01
  it
• 19:01
  just
• 19:01
  keeps
• 19:02
  adding
• 19:02
  up.
• 19:02
  Now
• 19:03
  I
• 19:03
  know
• 19:04
  all
• 19:04
  of
• 19:04
  our
• 19:04
  friends
• 19:05
  out
• 19:05
  in
• 19:05
  the
• 19:05
  Midwest,
• 19:07
  all
• 19:07
  the
• 19:07
  ones
• 19:08
  out
• 19:08
  there,
• 19:08
  from
• 19:09
  Texas
• 19:10
  to
• 19:11
  North
• 19:11
  Dakota,
• 19:12
  up
• 19:12
  to
• 19:13
  parts
• 19:13
  of
• 19:13
  Michigan,
• 19:14
  all
• 19:14
  of
• 19:14
  you
• 19:14
  guys
• 19:15
  out
• 19:15
  there
• 19:15
  in
• 19:16
  the
• 19:16
  south
• 19:16
  are
• 19:16
  absolutely
• 19:17
  laughing,
• 19:17
  is
• 19:18
  laughing
• 19:18
  at
• 19:18
  us
• 19:18
  out
• 19:19
  here
• 19:19
  in
• 19:19
  the
• 19:19
  west
• 19:19
  coast
• 19:20
  because
• 19:21
  we've
• 19:21
  got
• 19:21
  some
• 19:21
  serious
• 19:22
  problems.
• 19:22
  Now
• 19:22
  you
• 19:23
  guys
• 19:23
  have
• 19:23
  different
• 19:24
  issues
• 19:24
  down
• 19:24
  there.
• 19:25
  Lack
• 19:26
  of
• 19:26
  skilled
• 19:26
  trades.
• 19:28
  Some
• 19:28
  areas
• 19:29
  are
• 19:30
  lack
• 19:30
  of
• 19:30
  actual
• 19:31
  licensing
• 19:32
  for
• 19:32
  builders.
• 19:32
  That's
• 19:33
  a
• 19:33
  problem.
• 19:34
  If
• 19:34
  I
• 19:35
  look
• 19:35
  in
• 19:36
  Arizona
• 19:37
  and
• 19:37
  Texas
• 19:38
  and
• 19:38
  see
• 19:38
  some
• 19:38
  of
• 19:38
  the
• 19:38
  problems
• 19:39
  that
• 19:39
  we're
• 19:39
  having
• 19:39
  with
• 19:40
  house
• 19:40
  inspections
• 19:42
  and
• 19:42
  builders
• 19:43
  putting
• 19:43
  out
• 19:43
  low
• 19:44
  quality
• 19:44
  work
• 19:45
  and
• 19:46
  really
• 19:46
  having
• 19:47
  the
• 19:47
  homeowner
• 19:48
  having
• 19:48
  to
• 19:48
  fight
• 19:48
  them
• 19:48
  just
• 19:49
  to
• 19:49
  get
• 19:49
  warranty
• 19:50
  stuff
• 19:50
  done,
• 19:51
  Arizona's
• 19:52
  big
• 19:52
  on
• 19:52
  that.
• 19:53
  They've
• 19:53
  got
• 19:53
  some
• 19:54
  serious,
• 19:54
  big
• 19:54
  issues
• 19:55
  with
• 19:55
  that.
• 19:55
  Those
• 19:55
  are
• 19:56
  things
• 19:56
  that
• 19:56
  you
• 19:56
  have
• 19:56
  to
• 19:56
  be
• 19:56
  careful
• 19:57
  with.
• 19:58
  But
• 19:58
  there's
• 19:59
  plenty
• 19:59
  of
• 19:59
  issues
• 19:59
  out
• 20:00
  there
• 20:00
  all
• 20:00
  to
• 20:00
  go
• 20:00
  around
• 20:01
  on
• 20:01
  making
• 20:01
  sure
• 20:01
  that,
• 20:02
  that
• 20:02
  we
• 20:02
  have
• 20:03
  housing
• 20:03
  for
• 20:04
  people
• 20:04
  out
• 20:04
  there.
• 20:04
  You
• 20:05
  think
• 20:05
  about
• 20:05
  it,
• 20:05
  if
• 20:05
  someone's
• 20:06
  going
• 20:06
  to
• 20:06
  be
• 20:06
  living
• 20:06
  in
• 20:06
  a
• 20:07
  rental
• 20:07
  house
• 20:08
  for
• 20:08
  20
• 20:08
  years,
• 20:09
  wouldn't
• 20:09
  it
• 20:09
  be
• 20:09
  nice
• 20:10
  if
• 20:10
  they
• 20:10
  had
• 20:10
  a
• 20:10
  20
• 20:10
  year
• 20:10
  loan
• 20:11
  and
• 20:11
  they
• 20:11
  were
• 20:11
  paid
• 20:11
  off
• 20:11
  so
• 20:12
  when
• 20:12
  they
• 20:12
  get
• 20:13
  farther
• 20:13
  in
• 20:13
  life
• 20:13
  that
• 20:14
  if
• 20:14
  they
• 20:14
  stayed
• 20:15
  there,
• 20:16
  everything
• 20:16
  be
• 20:16
  paid
• 20:16
  for,
• 20:17
  how
• 20:17
  cool
• 20:17
  would
• 20:18
  that
• 20:18
  be?
• 20:19
  I
• 20:19
  just
• 20:19
  see
• 20:19
  that
• 20:19
  we're
• 20:20
  going
• 20:20
  to
• 20:20
  have
• 20:20
  a
• 20:20
  serious
• 20:20
  issue
• 20:21
  here
• 20:21
  if
• 20:21
  we
• 20:21
  keep
• 20:21
  going
• 20:22
  down
• 20:22
  the
• 20:22
  same
• 20:22
  road
• 20:23
  where
• 20:24
  we
• 20:24
  have
• 20:24
  the
• 20:25
  landowners
• 20:25
  and
• 20:26
  the
• 20:26
  renters.
• 20:27
  And
• 20:27
  I
• 20:27
  think
• 20:27
  that's
• 20:28
  where
• 20:28
  we're
• 20:28
  going
• 20:28
  to
• 20:28
  end
• 20:28
  up
• 20:28
  if
• 20:29
  we
• 20:29
  don't
• 20:29
  turn
• 20:30
  this
• 20:30
  ship
• 20:30
  around.
• 20:30
  Now
• 20:30
  when
• 20:31
  we
• 20:31
  come
• 20:31
  back,
• 20:32
  I'm
• 20:32
  going
• 20:32
  to
• 20:32
  talk
• 20:32
  about
• 20:32
  is
• 20:33
  there
• 20:33
  going
• 20:33
  to
• 20:33
  be
• 20:34
  a
• 20:34
  housing
• 20:34
  crash
• 20:34
  in
• 20:35
  2025?
• 20:36
  Is
• 20:37
  that
• 20:37
  going
• 20:37
  to
• 20:37
  be
• 20:37
  a
• 20:37
  big
• 20:37
  deal?
• 20:38
  We're
• 20:38
  going
• 20:38
  to
• 20:39
  talk
• 20:39
  about
• 20:39
  that
• 20:39
  when
• 20:39
  we
• 20:39
  come
• 20:39
  back.
• 20:40
  If
• 20:40
  you
• 20:40
  want
• 20:40
  to
• 20:40
  find
• 20:40
  out
• 20:40
  more
• 20:41
  about
• 20:41
  us
• 20:41
  here
• 20:41
  at
• 20:41
  the
• 20:41
  show,
• 20:42
  head
• 20:42
  over
• 20:42
  to
• 20:42
  a
• 20:42
  brand
• 20:42
  new
• 20:43
  website
• 20:43
  that's
• 20:44
  aroundthehouse
• 20:44
  online.com.
• 20:46
  you
• 20:46
  can
• 20:46
  find
• 20:46
  us
• 20:46
  there.
• 20:47
  And
• 20:47
  make
• 20:47
  sure
• 20:47
  you
• 20:47
  subscribe
• 20:48
  to
• 20:48
  our
• 20:48
  YouTube
• 20:48
  channels.
• 20:49
  We've
• 20:49
  got
• 20:49
  one
• 20:49
  for,
• 20:50
  of
• 20:50
  course,
• 20:50
  the
• 20:50
  radio
• 20:51
  show
• 20:51
  and
• 20:51
  podcast.
• 20:51
  You're
• 20:52
  listening
• 20:52
  here,
• 20:52
  but
• 20:52
  we've
• 20:52
  got
• 20:53
  one
• 20:53
  for
• 20:53
  the
• 20:53
  around
• 20:53
  the
• 20:53
  House
• 20:54
  Northwest
• 20:54
  television
• 20:55
  show
• 20:55
  and
• 20:56
  of
• 20:56
  course,
• 20:56
  all
• 20:56
  the
• 20:56
  other
• 20:56
  channels
• 20:57
  as
• 20:57
  well.
• 20:57
  And
• 20:58
  you
• 20:58
  can
• 20:58
  find
• 20:58
  us
• 20:58
  over
• 20:58
  there.
• 20:59
  Around
• 20:59
  the
• 20:59
  House.
• 20:59
  We'll
• 20:59
  be
• 21:00
  right
• 21:00
  back
• 21:00
  after
• 21:00
  these
• 21:00
  important
• 21:01
  messages.
• 21:01
  Don't
• 21:02
  change
• 21:02
  that
• 21:02
  dial.
• 21:03
  I'm
• 21:03
  going
• 21:03
  to
• 21:04
  answer
• 21:04
  that
• 21:04
  question.
• 21:04
  Is
• 21:04
  there
• 21:05
  going
• 21:05
  to
• 21:05
  be
• 21:05
  a
• 21:05
  housing
• 21:05
  crash
• 21:06
  in
• 21:06
  2025?
• 21:07
  Just
• 21:08
  as
• 21:08
  soon
• 21:08
  as
• 21:08
  we
• 21:08
  return.
• 21:09
  Don't
• 21:09
  go
• 21:09
  anywhere.
• 21:10
  To
• 21:10
  find
• 21:10
  out
• 21:10
  more
• 21:11
  information,
• 21:11
  head
• 21:11
  to
• 21:11
  aroundthehouse
• 21:12
  online.com
• 21:14
  don't
• 21:14
  change
• 21:14
  that
• 21:14
  dial.
• 21:15
  Around
• 21:16
  the
• 21:16
  house.
• 21:16
  We'll
• 21:16
  be
• 21:16
  right
• 21:17
  back
• 21:17
  after
• 21:17
  these
• 21:17
  important
• 21:18
  messages.
• 22:59
  Welcome
• 22:59
  back
• 23:00
  to
• 23:00
  the
• 23:00
  around
• 23:00
  the
• 23:00
  House
• 23:00
  show,
• 23:01
  the
• 23:01
  next
• 23:01
  generation
• 23:01
  of
• 23:02
  home
• 23:02
  improvement.
• 23:03
  ERIC
• 23:03
  G.
• 23:03
  Thanks
• 23:03
  for
• 23:04
  joining
• 23:04
  me
• 23:04
  today.
• 23:04
  If
• 23:05
  you
• 23:05
  want
• 23:05
  to
• 23:05
  find
• 23:05
  out
• 23:05
  more
• 23:06
  about
• 23:06
  us
• 23:06
  here
• 23:06
  at
• 23:06
  the
• 23:07
  show,
• 23:07
  head
• 23:07
  to
• 23:07
  aroundthe
• 23:08
  house
• 23:08
  online.com
• 23:10
  and
• 23:10
  of
• 23:10
  course,
• 23:11
  if
• 23:11
  you
• 23:12
  want
• 23:12
  to
• 23:12
  find
• 23:12
  all
• 23:12
  our
• 23:12
  social
• 23:13
  media
• 23:13
  channels,
• 23:14
  it's
• 23:14
  all
• 23:14
  over
• 23:14
  there.
• 23:15
  YouTube
• 23:16
  for
• 23:16
  the
• 23:16
  radio
• 23:16
  show
• 23:16
  and
• 23:17
  podcast
• 23:17
  and
• 23:17
  of
• 23:17
  course,
• 23:17
  the
• 23:18
  one
• 23:18
  for
• 23:18
  the
• 23:18
  TV
• 23:18
  show
• 23:18
  Around
• 23:19
  the
• 23:19
  House
• 23:19
  Northwest
• 23:20
  that
• 23:20
  airs
• 23:21
  every
• 23:21
  single
• 23:22
  weekend.
• 23:23
  And
• 23:23
  this
• 23:24
  hour
• 23:24
  is
• 23:24
  brought
• 23:24
  to
• 23:24
  you
• 23:24
  by
• 23:24
  our
• 23:25
  friends
• 23:25
  at
• 23:25
  Monty
• 23:25
  McGrills.
• 23:26
  Check
• 23:26
  them
• 23:26
  out
• 23:26
  at
• 23:26
  montymcrills.com
• 23:28
  I
• 23:29
  wanted
• 23:29
  to
• 23:29
  talk
• 23:29
  about
• 23:29
  are
• 23:29
  we
• 23:30
  having
• 23:30
  a
• 23:30
  housing
• 23:30
  crash
• 23:31
  here
• 23:31
  in
• 23:31
  2025?
• 23:33
  Let's
• 23:33
  talk
• 23:33
  about
• 23:33
  some
• 23:34
  of
• 23:34
  the
• 23:34
  issues
• 23:34
  that
• 23:34
  we
• 23:34
  have
• 23:35
  right
• 23:35
  now
• 23:35
  as
• 23:36
  of
• 23:36
  today.
• 23:36
  Last
• 23:37
  time
• 23:37
  I
• 23:37
  looked,
• 23:37
  mortgage
• 23:38
  rates
• 23:38
  were
• 23:38
  about
• 23:39
  6.78%.
• 23:41
  And
• 23:41
  as
• 23:42
  we
• 23:42
  know,
• 23:42
  when
• 23:42
  the
• 23:42
  Fed
• 23:43
  meets,
• 23:43
  these
• 23:43
  are
• 23:43
  things
• 23:44
  that
• 23:44
  can
• 23:44
  always
• 23:44
  change.
• 23:45
  And
• 23:45
  depending
• 23:46
  on
• 23:46
  where
• 23:46
  the
• 23:46
  economy
• 23:47
  is,
• 23:47
  if
• 23:47
  it's
• 23:47
  growing
• 23:48
  too
• 23:48
  fast,
• 23:48
  they're
• 23:49
  going
• 23:49
  to
• 23:49
  raise
• 23:50
  those
• 23:50
  rates.
• 23:50
  If
• 23:51
  they
• 23:51
  think
• 23:51
  we're
• 23:51
  going
• 23:51
  into
• 23:52
  a
• 23:52
  recession,
• 23:52
  they're
• 23:53
  going
• 23:53
  to
• 23:53
  lower
• 23:53
  those
• 23:53
  rates.
• 23:55
  But
• 23:55
  really,
• 23:55
  mortgage
• 23:56
  rates
• 23:56
  this
• 23:57
  week,
• 23:57
  at
• 23:58
  the
• 23:58
  time
• 23:58
  that
• 23:58
  we're
• 23:58
  recording
• 23:59
  right
• 23:59
  now,
• 23:59
  they're
• 24:00
  slightly
• 24:00
  down
• 24:00
  a
• 24:00
  little
• 24:00
  bit.
• 24:00
  But
• 24:01
  really
• 24:01
  we're
• 24:01
  just
• 24:01
  waiting
• 24:02
  to
• 24:02
  see
• 24:03
  how
• 24:03
  the
• 24:03
  Fed
• 24:04
  does
• 24:05
  on
• 24:05
  their
• 24:06
  next
• 24:07
  meeting.
• 24:08
  But
• 24:08
  there's
• 24:08
  the
• 24:09
  May
• 24:09
  Federal
• 24:09
  Reserve
• 24:10
  meeting.
• 24:10
  I
• 24:10
  always
• 24:11
  hope
• 24:11
  that
• 24:12
  they
• 24:12
  reduce
• 24:13
  stuff
• 24:13
  and
• 24:13
  get
• 24:14
  us
• 24:14
  dialed
• 24:14
  in
• 24:15
  a
• 24:15
  little
• 24:15
  bit.
• 24:15
  But
• 24:15
  that's
• 24:16
  one
• 24:16
  of
• 24:16
  our
• 24:16
  problems
• 24:16
  right
• 24:17
  now
• 24:17
  because
• 24:18
  that
• 24:18
  interest
• 24:18
  rate
• 24:19
  can
• 24:19
  add
• 24:19
  thousands
• 24:20
  of
• 24:20
  dollars
• 24:20
  to
• 24:20
  monthly
• 24:21
  payments
• 24:21
  for
• 24:21
  bigger
• 24:22
  homes
• 24:22
  or
• 24:22
  hundreds
• 24:23
  of
• 24:23
  dollars
• 24:24
  to
• 24:24
  more
• 24:25
  affordable
• 24:25
  homes.
• 24:26
  These
• 24:26
  are
• 24:26
  things
• 24:27
  that
• 24:27
  add
• 24:27
  up.
• 24:28
  But
• 24:28
  it
• 24:28
  doesn't
• 24:29
  just
• 24:29
  stop
• 24:29
  there.
• 24:30
  If
• 24:31
  you're
• 24:31
  looking
• 24:31
  at
• 24:31
  builders
• 24:32
  out
• 24:32
  there
• 24:32
  that
• 24:32
  are
• 24:32
  wanting
• 24:33
  to
• 24:33
  borrow
• 24:33
  money.
• 24:34
  And
• 24:34
  now
• 24:34
  when
• 24:35
  you're
• 24:35
  talking
• 24:35
  small
• 24:35
  businesses,
• 24:36
  whether
• 24:36
  you're
• 24:36
  a
• 24:37
  construction
• 24:37
  company
• 24:37
  or
• 24:38
  a
• 24:38
  builder
• 24:39
  or
• 24:39
  anybody
• 24:39
  else
• 24:40
  out
• 24:40
  there,
• 24:41
  many
• 24:41
  times
• 24:41
  for
• 24:42
  them
• 24:42
  to
• 24:42
  get,
• 24:42
  we
• 24:43
  have
• 24:43
  a
• 24:43
  serious
• 24:43
  problem
• 24:44
  with
• 24:44
  small
• 24:44
  business
• 24:45
  financing
• 24:45
  right
• 24:45
  now
• 24:46
  to
• 24:46
  get
• 24:46
  money.
• 24:47
  Some
• 24:47
  of
• 24:47
  these
• 24:47
  people
• 24:47
  are
• 24:48
  paying
• 24:48
  30
• 24:48
  or
• 24:49
  40%
• 24:51
  their
• 24:51
  own
• 24:51
  personal
• 24:52
  credit
• 24:52
  card
• 24:52
  has
• 24:52
  a
• 24:53
  better
• 24:53
  rate
• 24:53
  than
• 24:54
  what
• 24:54
  some
• 24:54
  companies
• 24:55
  are
• 24:55
  charging
• 24:55
  for
• 24:55
  this.
• 24:56
  And
• 24:56
  so
• 24:56
  we've
• 24:57
  got
• 24:57
  a
• 24:57
  really
• 24:57
  pro.
• 24:58
  Big
• 24:58
  problem
• 24:58
  with
• 24:59
  small
• 24:59
  business
• 24:59
  loans
• 24:59
  out
• 25:00
  there.
• 25:00
  So
• 25:01
  the
• 25:01
  electrician,
• 25:03
  the
• 25:03
  plumber,
• 25:04
  the
• 25:05
  H
• 25:05
  vac
• 25:06
  people,
• 25:06
  if
• 25:06
  they're
• 25:06
  having
• 25:07
  to
• 25:07
  buy
• 25:07
  materials
• 25:07
  up
• 25:08
  front
• 25:09
  or
• 25:09
  they're
• 25:09
  carrying
• 25:10
  that
• 25:10
  until
• 25:10
  they
• 25:10
  get
• 25:10
  paid
• 25:11
  for
• 25:11
  stuff
• 25:11
  that
• 25:12
  happens
• 25:12
  in
• 25:12
  construction,
• 25:14
  they're
• 25:14
  paying
• 25:14
  a
• 25:14
  massive
• 25:15
  amount,
• 25:15
  and
• 25:15
  that
• 25:16
  adds
• 25:16
  to
• 25:16
  the
• 25:16
  cost
• 25:17
  of
• 25:17
  everything
• 25:17
  else.
• 25:18
  So
• 25:18
  it's
• 25:19
  not
• 25:19
  only
• 25:19
  the
• 25:19
  interest
• 25:19
  rate
• 25:20
  that
• 25:20
  we
• 25:20
  see
• 25:21
  for
• 25:21
  the
• 25:21
  home,
• 25:22
  it's
• 25:22
  the
• 25:22
  interest
• 25:23
  rate
• 25:23
  for
• 25:23
  everything
• 25:24
  else
• 25:24
  that
• 25:24
  starts
• 25:24
  to
• 25:25
  add
• 25:25
  up
• 25:25
  and
• 25:25
  it
• 25:26
  compounds.
• 25:27
  So
• 25:27
  that's
• 25:27
  where
• 25:28
  it
• 25:28
  is
• 25:29
  now.
• 25:29
  That
• 25:29
  is
• 25:30
  one
• 25:30
  little
• 25:30
  part
• 25:30
  of
• 25:31
  this
• 25:31
  whole
• 25:31
  thing.
• 25:31
  Now,
• 25:31
  the
• 25:32
  big
• 25:32
  issue
• 25:32
  that
• 25:33
  I
• 25:33
  really
• 25:33
  am
• 25:33
  worried
• 25:33
  about,
• 25:34
  this
• 25:34
  is
• 25:34
  the
• 25:34
  one
• 25:34
  that
• 25:34
  I
• 25:35
  shake
• 25:35
  my
• 25:35
  head
• 25:35
  and
• 25:35
  go,
• 25:36
  okay,
• 25:36
  this
• 25:36
  is
• 25:36
  where,
• 25:37
  you
• 25:37
  know,
• 25:37
  are
• 25:37
  we
• 25:38
  gonna
• 25:38
  have
• 25:39
  that
• 25:39
  crash,
• 25:40
  that
• 25:40
  real
• 25:40
  estate
• 25:41
  crash
• 25:41
  that
• 25:41
  we've
• 25:41
  seen
• 25:42
  in
• 25:42
  other
• 25:42
  decades,
• 25:43
  where
• 25:43
  things
• 25:43
  crash?
• 25:45
  Usually
• 25:45
  what
• 25:45
  happens
• 25:46
  when
• 25:46
  we
• 25:46
  see
• 25:46
  a
• 25:47
  real
• 25:47
  estate
• 25:47
  crash
• 25:48
  means
• 25:48
  that
• 25:49
  it's
• 25:49
  a
• 25:49
  hot
• 25:49
  market.
• 25:50
  Houses
• 25:51
  are
• 25:51
  selling,
• 25:51
  selling,
• 25:52
  and
• 25:53
  then
• 25:53
  when
• 25:53
  it
• 25:53
  crashes,
• 25:55
  people
• 25:55
  stop
• 25:56
  buying.
• 25:57
  And
• 25:57
  so
• 25:57
  what
• 25:57
  happens
• 25:58
  is
• 25:58
  there's
• 25:59
  a
• 25:59
  lot
• 25:59
  a
• 26:00
  glut
• 26:00
  of
• 26:00
  inventory.
• 26:01
  There's
• 26:01
  a
• 26:01
  lot
• 26:01
  of
• 26:01
  inventory.
• 26:03
  We
• 26:03
  end
• 26:03
  up
• 26:03
  seeing
• 26:03
  builders
• 26:04
  that
• 26:04
  are
• 26:04
  overextended.
• 26:06
  They
• 26:06
  kept
• 26:06
  building,
• 26:07
  building,
• 26:07
  and
• 26:07
  all
• 26:07
  of
• 26:07
  a
• 26:07
  sudden
• 26:08
  they
• 26:08
  got
• 26:09
  stuck
• 26:09
  with
• 26:09
  a
• 26:09
  bunch
• 26:09
  of
• 26:09
  houses
• 26:10
  that
• 26:10
  aren't
• 26:10
  sellable
• 26:11
  or
• 26:12
  sellable
• 26:12
  at
• 26:12
  the
• 26:12
  rates
• 26:13
  that
• 26:13
  they
• 26:13
  needed
• 26:13
  to
• 26:13
  pay
• 26:13
  the
• 26:14
  bills.
• 26:15
  That's
• 26:15
  traditionally
• 26:16
  what
• 26:16
  causes
• 26:17
  a
• 26:17
  real
• 26:17
  estate
• 26:17
  crash.
• 26:18
  Now,
• 26:19
  the
• 26:19
  big
• 26:19
  thing
• 26:19
  here
• 26:20
  is
• 26:20
  that
• 26:20
  gonna
• 26:20
  happen
• 26:20
  in
• 26:20
  2025.
• 26:22
  First,
• 26:23
  we
• 26:23
  don't
• 26:23
  have
• 26:24
  a
• 26:24
  hot
• 26:24
  market
• 26:24
  nationally
• 26:26
  right
• 26:26
  now.
• 26:26
  I
• 26:26
  know
• 26:27
  companies
• 26:27
  out
• 26:28
  there
• 26:28
  that
• 26:29
  there
• 26:29
  are
• 26:29
  specific
• 26:30
  little
• 26:31
  marketplaces,
• 26:31
  like
• 26:32
  in
• 26:32
  my
• 26:32
  area
• 26:32
  here
• 26:32
  in
• 26:32
  Lake
• 26:33
  Oswego
• 26:33
  where
• 26:33
  I
• 26:34
  live.
• 26:34
  But
• 26:34
  there
• 26:35
  are
• 26:35
  plenty
• 26:35
  of
• 26:35
  places
• 26:36
  out
• 26:36
  there
• 26:36
  that
• 26:36
  people
• 26:37
  aren't
• 26:37
  building.
• 26:38
  They
• 26:38
  are
• 26:38
  not
• 26:39
  convinced
• 26:40
  that
• 26:40
  they're
• 26:41
  gonna
• 26:41
  sell
• 26:41
  those
• 26:41
  homes.
• 26:42
  So
• 26:42
  we're
• 26:42
  seeing
• 26:42
  building
• 26:43
  go
• 26:43
  way
• 26:43
  down.
• 26:43
  And
• 26:43
  nationally,
• 26:44
  we're
• 26:44
  seeing
• 26:44
  those
• 26:45
  numbers
• 26:45
  down
• 26:46
  double
• 26:46
  digits
• 26:47
  usually
• 26:47
  right
• 26:47
  now.
• 26:48
  And
• 26:48
  so
• 26:48
  that's
• 26:49
  really
• 26:49
  where
• 26:49
  we're
• 26:49
  at.
• 26:50
  So
• 26:51
  really,
• 26:51
  we
• 26:51
  don't
• 26:51
  have
• 26:51
  the
• 26:52
  market
• 26:52
  conditions,
• 26:53
  in
• 26:53
  my
• 26:53
  opinion,
• 26:54
  for
• 26:54
  us
• 26:55
  to
• 26:55
  see
• 26:55
  a
• 26:55
  big
• 26:55
  crash
• 26:55
  here.
• 26:56
  We're
• 26:57
  not
• 26:57
  gonna
• 26:57
  see
• 26:58
  houses
• 26:59
  lose
• 27:00
  $200,000
• 27:01
  in
• 27:01
  price
• 27:02
  unless
• 27:03
  you're
• 27:03
  up
• 27:03
  in
• 27:03
  the
• 27:03
  millions
• 27:04
  of
• 27:04
  dollars.
• 27:04
  But
• 27:04
  you're
• 27:04
  not
• 27:04
  gonna
• 27:05
  see
• 27:05
  a
• 27:05
  20%
• 27:06
  loss
• 27:06
  or
• 27:06
  a
• 27:06
  30%
• 27:07
  loss
• 27:07
  in
• 27:07
  homes
• 27:07
  out
• 27:08
  there,
• 27:08
  because
• 27:09
  there's
• 27:09
  not
• 27:09
  the
• 27:09
  inventory
• 27:10
  out
• 27:10
  there.
• 27:10
  I
• 27:10
  have
• 27:10
  a
• 27:10
  buddy
• 27:11
  who's
• 27:11
  a
• 27:11
  realtor
• 27:12
  trying
• 27:12
  to
• 27:12
  sell
• 27:13
  houses
• 27:13
  and
• 27:13
  trying
• 27:14
  to
• 27:14
  have.
• 27:14
  There
• 27:14
  are
• 27:14
  people
• 27:15
  out
• 27:15
  there,
• 27:15
  and
• 27:15
  he's
• 27:15
  told
• 27:15
  me
• 27:15
  these
• 27:16
  stories.
• 27:16
  There
• 27:17
  Are
• 27:17
  people
• 27:17
  out
• 27:17
  there
• 27:18
  that
• 27:18
  have
• 27:18
  put
• 27:18
  in
• 27:19
  4,
• 27:20
  6,
• 27:21
  9
• 27:22
  offers
• 27:23
  in
• 27:23
  on
• 27:23
  properties
• 27:24
  and
• 27:24
  they're
• 27:25
  the
• 27:25
  5th,
• 27:25
  6th,
• 27:26
  7th,
• 27:26
  8th
• 27:27
  offer
• 27:27
  in
• 27:28
  and
• 27:28
  on
• 27:28
  a
• 27:29
  6,
• 27:29
  7,
• 27:30
  $800,000
• 27:30
  home.
• 27:31
  They're
• 27:31
  offering
• 27:32
  $75,000
• 27:33
  over
• 27:35
  selling
• 27:35
  price
• 27:36
  and
• 27:36
  they're
• 27:36
  still
• 27:37
  not
• 27:37
  getting
• 27:37
  it.
• 27:38
  Now
• 27:38
  the
• 27:39
  problem
• 27:39
  is
• 27:39
  when
• 27:39
  we
• 27:39
  see
• 27:39
  those
• 27:40
  kind
• 27:40
  of
• 27:40
  situations,
• 27:41
  those
• 27:41
  are
• 27:42
  usually
• 27:42
  more
• 27:42
  cash
• 27:43
  buyers
• 27:43
  because
• 27:44
  you
• 27:44
  could
• 27:44
  offer
• 27:45
  $75,000
• 27:47
  over,
• 27:47
  but
• 27:47
  when
• 27:47
  you
• 27:47
  go
• 27:48
  to
• 27:48
  get
• 27:48
  your
• 27:48
  loan
• 27:48
  and
• 27:49
  the
• 27:49
  bank
• 27:49
  looks
• 27:49
  at
• 27:49
  and
• 27:49
  goes,
• 27:50
  you're
• 27:50
  $80,000
• 27:51
  over
• 27:51
  what
• 27:51
  the
• 27:52
  value
• 27:52
  is.
• 27:52
  They're
• 27:52
  not
• 27:52
  gonna
• 27:52
  loan
• 27:53
  you
• 27:53
  on
• 27:53
  that
• 27:53
  because
• 27:53
  they're
• 27:53
  upside
• 27:54
  down
• 27:54
  $80,000.
• 27:56
  So
• 27:56
  that's
• 27:56
  where
• 27:56
  the
• 27:57
  cash
• 27:57
  buyers
• 27:57
  come
• 27:58
  in
• 27:58
  and
• 27:58
  really
• 27:58
  can
• 27:59
  change
• 27:59
  that
• 28:00
  out.
• 28:00
  Now
• 28:00
  of
• 28:00
  course,
• 28:00
  people
• 28:01
  here
• 28:01
  quickly
• 28:02
  go
• 28:02
  to
• 28:03
  blame
• 28:03
  California
• 28:04
  for
• 28:04
  that.
• 28:05
  But
• 28:06
  that's
• 28:06
  not
• 28:06
  really
• 28:06
  the
• 28:07
  big
• 28:07
  part
• 28:07
  of
• 28:07
  the
• 28:07
  problem
• 28:08
  here.
• 28:08
  It's
• 28:08
  just
• 28:08
  that
• 28:08
  we
• 28:08
  don't
• 28:09
  have
• 28:09
  enough
• 28:09
  houses
• 28:09
  on
• 28:09
  the
• 28:10
  market
• 28:10
  and
• 28:11
  we're
• 28:11
  seeing
• 28:11
  people
• 28:11
  out
• 28:12
  there
• 28:12
  pulling
• 28:13
  out
• 28:13
  of
• 28:13
  retirement,
• 28:14
  things
• 28:14
  like
• 28:14
  that
• 28:14
  to
• 28:14
  be
• 28:14
  able
• 28:15
  to
• 28:15
  afford
• 28:15
  these
• 28:16
  homes.
• 28:17
  And
• 28:17
  that's
• 28:17
  a
• 28:17
  really
• 28:18
  big
• 28:18
  issue
• 28:18
  and
• 28:19
  that's
• 28:19
  gonna
• 28:19
  really
• 28:19
  keep.
• 28:20
  It's
• 28:20
  great
• 28:20
  if
• 28:20
  you're
• 28:21
  selling,
• 28:21
  but
• 28:21
  if
• 28:21
  you
• 28:21
  go
• 28:21
  to
• 28:21
  turn
• 28:22
  on
• 28:22
  and
• 28:22
  buy
• 28:22
  it
• 28:22
  and
• 28:22
  you
• 28:22
  can't
• 28:23
  buy
• 28:23
  a
• 28:23
  house.
• 28:24
  I
• 28:24
  was
• 28:24
  looking
• 28:25
  at
• 28:25
  houses
• 28:25
  in
• 28:26
  my
• 28:26
  area
• 28:26
  in
• 28:26
  my
• 28:27
  price
• 28:27
  point.
• 28:28
  When
• 28:28
  I
• 28:28
  went
• 28:28
  online
• 28:29
  and
• 28:29
  looked
• 28:30
  in
• 28:30
  my
• 28:30
  city
• 28:31
  here
• 28:31
  I
• 28:31
  had
• 28:31
  11.
• 28:33
  So
• 28:33
  that's
• 28:33
  why
• 28:33
  I'm
• 28:33
  trying
• 28:33
  to
• 28:34
  get
• 28:34
  my
• 28:34
  house
• 28:34
  up,
• 28:34
  finished
• 28:35
  and
• 28:35
  get
• 28:35
  it
• 28:35
  up
• 28:35
  for
• 28:35
  sale
• 28:36
  so
• 28:36
  I
• 28:36
  can
• 28:37
  do
• 28:37
  that
• 28:37
  and
• 28:37
  move
• 28:38
  on
• 28:38
  to
• 28:38
  different
• 28:38
  things.
• 28:38
  But
• 28:39
  that's
• 28:39
  one
• 28:39
  of
• 28:39
  those
• 28:39
  things
• 28:39
  that
• 28:40
  you're
• 28:40
  seeing
• 28:40
  out
• 28:40
  there.
• 28:41
  It's
• 28:41
  really
• 28:42
  interesting.
• 28:43
  So
• 28:43
  we
• 28:44
  don't
• 28:44
  have
• 28:44
  builders
• 28:44
  extended
• 28:45
  out
• 28:45
  there.
• 28:45
  We
• 28:45
  do
• 28:45
  have
• 28:46
  some
• 28:46
  builders
• 28:46
  extended
• 28:47
  in
• 28:47
  an
• 28:47
  interesting
• 28:47
  way
• 28:47
  I
• 28:48
  think
• 28:48
  that
• 28:48
  we
• 28:48
  see.
• 28:49
  I've
• 28:49
  got
• 28:49
  some
• 28:49
  higher
• 28:50
  end
• 28:50
  builders
• 28:50
  out
• 28:50
  there
• 28:51
  that
• 28:51
  I
• 28:51
  know
• 28:51
  that
• 28:51
  are
• 28:51
  going
• 28:52
  out
• 28:52
  there
• 28:52
  and
• 28:53
  buying
• 28:53
  up
• 28:53
  properties.
• 28:54
  And
• 28:54
  they've
• 28:54
  been
• 28:54
  buying
• 28:55
  up
• 28:55
  a
• 28:55
  lot
• 28:55
  of
• 28:55
  properties.
• 28:56
  And
• 28:56
  these
• 28:56
  are
• 28:57
  four
• 28:57
  or
• 28:58
  five
• 28:58
  six
• 28:58
  hundred
• 28:58
  thousand
• 28:59
  dollar
• 28:59
  homes,
• 29:00
  mostly
• 29:00
  five
• 29:01
  and
• 29:01
  six
• 29:01
  hundred
• 29:01
  thousand
• 29:01
  dollar
• 29:02
  homes
• 29:03
  that
• 29:03
  they're
• 29:03
  buying
• 29:04
  that
• 29:04
  are
• 29:05
  perfectly
• 29:05
  good
• 29:05
  homes.
• 29:06
  They're
• 29:06
  buying
• 29:07
  them
• 29:07
  to
• 29:07
  tear
• 29:07
  down
• 29:07
  to
• 29:08
  put
• 29:08
  a
• 29:08
  1.5
• 29:09
  to
• 29:09
  3
• 29:09
  million
• 29:09
  dollar
• 29:10
  home
• 29:10
  on
• 29:10
  there
• 29:10
  because
• 29:10
  they've
• 29:11
  got
• 29:11
  the
• 29:11
  people
• 29:11
  to
• 29:12
  buy
• 29:12
  it.
• 29:13
  Now
• 29:13
  part
• 29:14
  of
• 29:14
  that
• 29:14
  reason
• 29:14
  is
• 29:14
  that
• 29:14
  I
• 29:15
  live
• 29:15
  in
• 29:15
  an
• 29:15
  area
• 29:15
  that's
• 29:15
  got
• 29:16
  killer
• 29:16
  schools.
• 29:16
  There's
• 29:17
  people
• 29:17
  coming
• 29:17
  in
• 29:17
  from
• 29:17
  all
• 29:17
  over
• 29:18
  the
• 29:18
  country,
• 29:18
  good
• 29:19
  sports
• 29:19
  teams,
• 29:19
  good
• 29:20
  schools.
• 29:20
  And
• 29:20
  so
• 29:21
  we
• 29:21
  are
• 29:22
  a
• 29:22
  little
• 29:22
  donut
• 29:22
  hole
• 29:23
  in
• 29:23
  the
• 29:23
  Portland
• 29:23
  area
• 29:23
  of
• 29:23
  that.
• 29:24
  And
• 29:24
  it's
• 29:24
  not
• 29:24
  a
• 29:25
  bad
• 29:25
  place
• 29:25
  to
• 29:25
  be.
• 29:26
  But
• 29:26
  those
• 29:26
  houses
• 29:27
  are
• 29:27
  gone.
• 29:27
  But
• 29:28
  are
• 29:28
  some
• 29:28
  of
• 29:29
  those
• 29:29
  builders
• 29:29
  Extended?
• 29:29
  Yeah,
• 29:30
  they
• 29:30
  could
• 29:30
  be.
• 29:31
  And
• 29:31
  there's
• 29:31
  a
• 29:31
  lot
• 29:31
  of
• 29:31
  people
• 29:32
  out
• 29:32
  there
• 29:32
  that
• 29:32
  are
• 29:32
  seeing
• 29:33
  the
• 29:33
  stock
• 29:33
  market,
• 29:33
  they're
• 29:34
  seeing
• 29:34
  interest
• 29:34
  rates,
• 29:35
  and
• 29:35
  they
• 29:35
  just
• 29:35
  don't
• 29:35
  want
• 29:35
  to
• 29:35
  pull
• 29:36
  the
• 29:36
  trigger
• 29:36
  on
• 29:36
  it.
• 29:36
  I
• 29:36
  know
• 29:37
  on
• 29:37
  the
• 29:37
  remodeling
• 29:37
  side,
• 29:38
  kitchen
• 29:39
  and
• 29:39
  bath
• 29:39
  remodeling,
• 29:41
  all
• 29:41
  the
• 29:41
  big
• 29:41
  projects,
• 29:42
  those
• 29:42
  have
• 29:42
  slowed
• 29:43
  way
• 29:43
  down
• 29:43
  for
• 29:43
  many
• 29:43
  people.
• 29:45
  People
• 29:45
  are
• 29:45
  not
• 29:45
  out
• 29:45
  there
• 29:46
  with
• 29:46
  the
• 29:46
  price
• 29:46
  of
• 29:46
  things
• 29:46
  going,
• 29:47
  ooh,
• 29:47
  I
• 29:47
  want
• 29:47
  to
• 29:47
  go
• 29:48
  spend
• 29:48
  $150,000
• 29:49
  on
• 29:49
  a
• 29:49
  remodel.
• 29:50
  It's
• 29:51
  just
• 29:51
  not
• 29:51
  happening
• 29:51
  that
• 29:51
  way.
• 29:52
  So
• 29:53
  those
• 29:53
  are
• 29:53
  conditions
• 29:53
  that
• 29:54
  I
• 29:54
  worry
• 29:54
  about.
• 29:54
  Are
• 29:55
  we
• 29:55
  going
• 29:55
  to
• 29:55
  see
• 29:55
  less
• 29:56
  builders
• 29:56
  out
• 29:56
  there
• 29:57
  because
• 29:57
  things
• 29:57
  are
• 29:57
  slow?
• 29:58
  Yeah.
• 29:58
  Are
• 29:58
  we
• 29:58
  going
• 29:58
  to
• 29:58
  see
• 29:58
  less
• 29:59
  contractors
• 29:59
  out
• 30:00
  there?
• 30:00
  Yeah.
• 30:01
  I
• 30:01
  know
• 30:01
  some
• 30:02
  of
• 30:02
  the
• 30:02
  people
• 30:02
  out
• 30:02
  there
• 30:02
  that
• 30:03
  run
• 30:04
  non
• 30:04
  profits,
• 30:05
  they
• 30:06
  take
• 30:06
  used
• 30:06
  building
• 30:06
  materials
• 30:07
  and
• 30:07
  help
• 30:07
  people
• 30:08
  to
• 30:08
  stay
• 30:09
  in
• 30:09
  in
• 30:09
  their
• 30:09
  homes
• 30:10
  and
• 30:10
  they're
• 30:10
  selling
• 30:11
  them
• 30:11
  and
• 30:11
  they're
• 30:11
  doing
• 30:11
  stuff
• 30:11
  kind
• 30:12
  of
• 30:12
  like
• 30:12
  what
• 30:12
  Habitat
• 30:12
  for
• 30:13
  Humanity
• 30:13
  does.
• 30:14
  A
• 30:14
  lot
• 30:14
  of
• 30:14
  these
• 30:15
  people
• 30:15
  are
• 30:15
  saying,
• 30:15
  man,
• 30:16
  people
• 30:16
  are
• 30:17
  so
• 30:17
  tight
• 30:17
  on
• 30:17
  money
• 30:18
  that
• 30:18
  they're
• 30:19
  selling
• 30:19
  those
• 30:20
  products
• 30:20
  instead
• 30:20
  of
• 30:20
  taking
• 30:21
  it
• 30:21
  by
• 30:21
  the
• 30:21
  store
• 30:21
  and
• 30:21
  donating
• 30:22
  them.
• 30:22
  So
• 30:23
  there's
• 30:23
  a
• 30:23
  lot
• 30:23
  less
• 30:23
  there.
• 30:23
  I
• 30:24
  went
• 30:24
  into
• 30:24
  one
• 30:24
  of
• 30:24
  my
• 30:25
  used
• 30:25
  places
• 30:25
  looking
• 30:26
  for
• 30:26
  100,
• 30:27
  what,
• 30:27
  125
• 30:28
  square
• 30:28
  feet
• 30:29
  of
• 30:29
  shiplap
• 30:30
  for
• 30:30
  a
• 30:30
  project.
• 30:31
  Couldn't
• 30:32
  be
• 30:32
  found.
• 30:33
  So
• 30:33
  these
• 30:33
  are
• 30:34
  issues
• 30:34
  that
• 30:34
  we're
• 30:34
  seeing
• 30:35
  out
• 30:35
  there
• 30:35
  that
• 30:36
  are
• 30:36
  really
• 30:36
  starting
• 30:36
  to
• 30:37
  add
• 30:37
  to
• 30:38
  that.
• 30:39
  So
• 30:39
  we're
• 30:39
  just
• 30:39
  going
• 30:39
  to
• 30:39
  have
• 30:39
  to
• 30:40
  see
• 30:40
  what
• 30:40
  happens
• 30:40
  here
• 30:41
  on
• 30:41
  this
• 30:41
  with
• 30:41
  the
• 30:42
  economy.
• 30:42
  So
• 30:43
  in
• 30:43
  a
• 30:43
  nutshell,
• 30:43
  are
• 30:43
  we
• 30:44
  going
• 30:44
  to
• 30:44
  see
• 30:44
  a
• 30:45
  housing
• 30:45
  crash?
• 30:45
  I
• 30:46
  don't
• 30:46
  see
• 30:46
  how
• 30:46
  that
• 30:47
  could
• 30:47
  happen
• 30:47
  without
• 30:47
  having
• 30:48
  some
• 30:48
  kind
• 30:48
  of
• 30:48
  a
• 30:49
  much
• 30:49
  bigger
• 30:50
  economy
• 30:50
  issue.
• 30:52
  Like,
• 30:52
  we
• 30:52
  would
• 30:52
  have
• 30:52
  to
• 30:53
  have
• 30:53
  the
• 30:53
  economy
• 30:53
  crash,
• 30:54
  stock
• 30:54
  market
• 30:54
  crash,
• 30:55
  and
• 30:56
  people
• 30:56
  be
• 30:56
  out
• 30:57
  of
• 30:57
  work.
• 30:57
  We'd
• 30:57
  have
• 30:57
  to
• 30:58
  see
• 30:58
  like
• 30:58
  Great
• 30:58
  Depression
• 30:59
  type
• 30:59
  stuff
• 30:59
  to
• 30:59
  see
• 31:00
  that
• 31:00
  happen.
• 31:00
  And
• 31:00
  I
• 31:00
  just
• 31:00
  don't
• 31:01
  see
• 31:01
  that
• 31:01
  coming
• 31:01
  right
• 31:02
  now
• 31:02
  because
• 31:02
  we've
• 31:03
  got.
• 31:03
  No
• 31:03
  matter
• 31:03
  who
• 31:04
  the
• 31:04
  President
• 31:04
  is
• 31:04
  out
• 31:04
  there,
• 31:05
  we've
• 31:05
  got
• 31:05
  a
• 31:05
  much
• 31:05
  better
• 31:05
  monetary
• 31:06
  policy
• 31:06
  that
• 31:06
  makes
• 31:07
  things
• 31:07
  a
• 31:08
  little
• 31:08
  more
• 31:08
  controlled
• 31:09
  because
• 31:09
  people
• 31:09
  understand
• 31:10
  it
• 31:10
  a
• 31:10
  little
• 31:10
  bit
• 31:10
  more
• 31:10
  than
• 31:11
  we
• 31:11
  did
• 31:11
  in
• 31:11
  the
• 31:11
  1920s,
• 31:13
  Tom,
• 31:13
  when
• 31:13
  we
• 31:13
  saw
• 31:14
  that.
• 31:14
  So
• 31:14
  things
• 31:15
  to
• 31:15
  consider
• 31:16
  when
• 31:16
  you're
• 31:16
  looking
• 31:17
  at
• 31:17
  it,
• 31:17
  but
• 31:17
  I
• 31:17
  don't
• 31:17
  see
• 31:17
  that
• 31:18
  there's
• 31:18
  going
• 31:18
  to
• 31:18
  be
• 31:18
  a
• 31:18
  crash.
• 31:18
  I
• 31:19
  know
• 31:19
  there's
• 31:19
  a
• 31:19
  lot
• 31:19
  of
• 31:19
  people
• 31:19
  that
• 31:19
  are
• 31:20
  saying
• 31:20
  it,
• 31:20
  but
• 31:21
  I
• 31:21
  think
• 31:21
  they're
• 31:21
  hopeful
• 31:21
  to
• 31:22
  see
• 31:22
  that
• 31:22
  we've
• 31:23
  got
• 31:23
  that.
• 31:24
  Now
• 31:24
  when
• 31:24
  we
• 31:24
  come
• 31:24
  back
• 31:25
  here
• 31:25
  in
• 31:25
  a
• 31:25
  minute,
• 31:25
  we're
• 31:25
  going
• 31:25
  to
• 31:26
  talk
• 31:26
  a
• 31:26
  little
• 31:26
  bit
• 31:26
  more
• 31:26
  here
• 31:27
  about
• 31:28
  how
• 31:28
  do
• 31:29
  we
• 31:29
  deal
• 31:30
  with
• 31:30
  the
• 31:30
  houseless
• 31:31
  homeless,
• 31:32
  how
• 31:33
  do
• 31:33
  we
• 31:33
  deal
• 31:33
  with
• 31:33
  people
• 31:34
  that
• 31:34
  can't
• 31:35
  afford
• 31:35
  to
• 31:35
  even
• 31:35
  get
• 31:35
  into
• 31:36
  an
• 31:36
  apartment
• 31:36
  out
• 31:36
  there.
• 31:36
  What
• 31:37
  can
• 31:37
  we
• 31:37
  do
• 31:38
  to
• 31:38
  make
• 31:39
  that
• 31:39
  affordable,
• 31:40
  affordable
• 31:41
  for
• 31:41
  people?
• 31:41
  And
• 31:41
  I've
• 31:42
  got
• 31:42
  some
• 31:42
  great
• 31:42
  answers
• 31:42
  for
• 31:43
  this.
• 31:43
  This
• 31:43
  is
• 31:44
  something
• 31:44
  I'm
• 31:44
  going
• 31:44
  to
• 31:44
  put
• 31:44
  together
• 31:44
  here
• 31:45
  in
• 31:45
  a
• 31:45
  future
• 31:45
  episode
• 31:46
  of
• 31:46
  Roundtable
• 31:46
  of
• 31:46
  a
• 31:46
  bunch
• 31:47
  of
• 31:47
  stakeholders
• 31:48
  in
• 31:48
  this
• 31:49
  because
• 31:49
  I'm
• 31:49
  seeing
• 31:50
  some
• 31:50
  fraud,
• 31:51
  waste,
• 31:52
  abuse,
• 31:53
  things
• 31:53
  like
• 31:53
  that
• 31:54
  that
• 31:54
  I
• 31:54
  think
• 31:54
  are
• 31:55
  not
• 31:55
  helping
• 31:55
  people
• 31:56
  and
• 31:56
  it's
• 31:56
  making
• 31:57
  some
• 31:57
  people
• 31:57
  rich.
• 31:57
  And
• 31:58
  I
• 31:58
  want
• 31:58
  to
• 31:58
  talk
• 31:58
  about
• 31:58
  that
• 31:58
  when
• 31:59
  we
• 31:59
  come
• 31:59
  back
• 31:59
  because
• 32:00
  there
• 32:00
  are
• 32:00
  some
• 32:00
  big
• 32:01
  dollars
• 32:01
  getting
• 32:01
  spent
• 32:02
  out
• 32:02
  there
• 32:02
  with
• 32:03
  no
• 32:03
  results.
• 32:03
  And
• 32:04
  I
• 32:04
  think
• 32:04
  we
• 32:04
  need
• 32:04
  to,
• 32:05
  as
• 32:05
  people
• 32:05
  out
• 32:05
  there
• 32:06
  in
• 32:06
  the
• 32:06
  community
• 32:07
  say,
• 32:07
  wait
• 32:07
  a
• 32:07
  minute,
• 32:08
  let's
• 32:08
  rethink
• 32:09
  how
• 32:09
  we
• 32:09
  do
• 32:09
  it.
• 32:10
  Because
• 32:10
  there's
• 32:10
  some
• 32:10
  easy
• 32:11
  answers.
• 32:11
  You
• 32:12
  just
• 32:12
  got
• 32:12
  to
• 32:12
  make
• 32:12
  the
• 32:12
  hard
• 32:13
  decisions
• 32:13
  to
• 32:13
  do
• 32:13
  it.
• 32:14
  We'll
• 32:14
  do
• 32:15
  that
• 32:15
  just
• 32:15
  as
• 32:15
  soon
• 32:15
  as
• 32:15
  around
• 32:16
  the
• 32:16
  House
• 32:16
  returns.
• 32:17
  Don't
• 32:17
  change
• 32:17
  that
• 32:17
  dial.
• 32:18
  We're
• 32:18
  going
• 32:19
  to
• 32:19
  wrap
• 32:19
  up
• 32:19
  here
• 32:19
  in
• 32:19
  this
• 32:20
  next
• 32:20
  segment
• 32:20
  our
• 32:21
  housing
• 32:21
  crisis
• 32:22
  and
• 32:22
  what
• 32:22
  we
• 32:22
  can
• 32:22
  do
• 32:22
  to
• 32:22
  get
• 32:22
  it
• 32:23
  back
• 32:23
  on
• 32:23
  track
• 32:23
  just
• 32:24
  as
• 32:24
  soon
• 32:24
  as
• 32:24
  we
• 32:24
  return.
• 32:25
  Don't
• 32:25
  go
• 32:25
  anywhere.
• 32:26
  To
• 32:26
  find
• 32:26
  out
• 32:26
  more
• 32:27
  information,
• 32:27
  head
• 32:27
  to
• 32:28
  aroundthehouse
• 32:28
  online.com
• 32:30
  don't
• 32:30
  change
• 32:30
  that
• 32:31
  dial.
• 32:31
  Around
• 32:32
  the
• 32:32
  House.
• 32:32
  We'll
• 32:32
  be
• 32:32
  right
• 32:33
  back
• 32:33
  after
• 32:33
  these
• 32:33
  important
• 32:34
  messages.
• 33:31
  Welcome
• 33:31
  back
• 33:32
  to
• 33:32
  the
• 33:32
  around
• 33:32
  the
• 33:32
  House
• 33:32
  show,
• 33:33
  the
• 33:33
  next
• 33:33
  generation
• 33:34
  of
• 33:34
  home
• 33:34
  improvement.
• 33:34
  I'm
• 33:35
  Eric
• 33:35
  G.
• 33:36
  You
• 33:36
  know,
• 33:36
  thanks
• 33:36
  for
• 33:36
  joining
• 33:37
  me
• 33:37
  today.
• 33:37
  If
• 33:38
  you
• 33:38
  want
• 33:38
  to
• 33:38
  find
• 33:38
  out
• 33:38
  more
• 33:38
  about
• 33:39
  us,
• 33:39
  head
• 33:39
  to
• 33:40
  our
• 33:40
  website,
• 33:40
  aroundthehouse
• 33:41
  online.com
• 33:43
  and
• 33:43
  there's
• 33:43
  a
• 33:43
  lot
• 33:43
  more
• 33:43
  over
• 33:44
  there
• 33:44
  as
• 33:44
  far
• 33:44
  as
• 33:44
  our
• 33:45
  YouTube
• 33:45
  channel
• 33:45
  and
• 33:45
  everything
• 33:46
  else.
• 33:46
  And
• 33:47
  we've
• 33:47
  got
• 33:47
  all
• 33:47
  our
• 33:47
  social
• 33:48
  media
• 33:48
  so
• 33:48
  you
• 33:48
  can
• 33:48
  follow
• 33:49
  us
• 33:49
  right
• 33:49
  there.
• 33:49
  If
• 33:50
  you
• 33:50
  want
• 33:50
  to
• 33:50
  comment
• 33:50
  on
• 33:50
  this
• 33:51
  episode,
• 33:51
  send
• 33:51
  me
• 33:52
  a
• 33:52
  line
• 33:52
  over
• 33:52
  there.
• 33:52
  There's
• 33:52
  a
• 33:53
  Contact
• 33:53
  Us
• 33:53
  page
• 33:53
  that'll
• 33:54
  send
• 33:54
  right
• 33:54
  over
• 33:54
  into
• 33:55
  my
• 33:55
  inbox.
• 33:57
  Now
• 33:57
  today
• 33:57
  we've
• 33:57
  been
• 33:58
  talking
• 33:58
  about
• 33:59
  our
• 33:59
  housing
• 33:59
  crisis
• 34:00
  and
• 34:00
  what
• 34:00
  we
• 34:00
  can
• 34:00
  do
• 34:01
  to
• 34:01
  get
• 34:01
  it
• 34:01
  back
• 34:01
  on
• 34:01
  track.
• 34:02
  And
• 34:02
  by
• 34:02
  the
• 34:02
  way,
• 34:02
  this
• 34:02
  episode
• 34:03
  is
• 34:03
  brought
• 34:03
  to
• 34:03
  you
• 34:03
  by
• 34:03
  our
• 34:03
  friends
• 34:04
  at
• 34:04
  Monty
• 34:04
  McGrills.
• 34:05
  If
• 34:05
  you're
• 34:05
  looking
• 34:05
  for
• 34:05
  a
• 34:05
  brand
• 34:06
  new
• 34:06
  barbecue,
• 34:07
  Mother's
• 34:07
  Day,
• 34:07
  Father's
• 34:08
  Day.
• 34:09
  Mother's
• 34:09
  Day's
• 34:10
  a
• 34:10
  little
• 34:10
  tight
• 34:10
  with
• 34:10
  that
• 34:11
  being
• 34:11
  this
• 34:11
  weekend,
• 34:12
  but
• 34:12
  Father's
• 34:13
  Day's
• 34:13
  around
• 34:13
  the
• 34:13
  corner
• 34:14
  as
• 34:14
  well.
• 34:14
  And
• 34:15
  you
• 34:15
  could
• 34:15
  get
• 34:15
  it
• 34:16
  early
• 34:16
  next
• 34:16
  week
• 34:16
  if
• 34:16
  you
• 34:16
  go
• 34:17
  over
• 34:17
  to
• 34:17
  montymcgrills.com
• 34:19
  so
• 34:20
  here's
• 34:20
  the
• 34:20
  thing.
• 34:20
  We've
• 34:20
  been
• 34:21
  talking
• 34:21
  about
• 34:21
  the
• 34:21
  housing
• 34:21
  crisis
• 34:22
  and
• 34:22
  what
• 34:23
  I
• 34:23
  think
• 34:23
  we
• 34:23
  could
• 34:23
  do
• 34:23
  to
• 34:24
  get
• 34:24
  back
• 34:24
  on
• 34:24
  track.
• 34:25
  One
• 34:25
  of
• 34:25
  the
• 34:25
  biggest
• 34:26
  ones
• 34:26
  we
• 34:26
  haven't
• 34:26
  talked
• 34:27
  about
• 34:28
  is
• 34:28
  the
• 34:28
  homeless
• 34:29
  population
• 34:29
  that
• 34:30
  we've
• 34:30
  got
• 34:30
  out
• 34:30
  there.
• 34:31
  Now,
• 34:32
  I'm
• 34:32
  not
• 34:32
  much
• 34:32
  into
• 34:33
  using
• 34:34
  all
• 34:34
  the
• 34:34
  kinder,
• 34:35
  gentler
• 34:35
  terms
• 34:35
  of
• 34:36
  the
• 34:36
  houseless
• 34:36
  or
• 34:37
  whatever
• 34:37
  else
• 34:37
  we
• 34:37
  want
• 34:37
  to
• 34:38
  call
• 34:38
  it.
• 34:39
  Let's
• 34:39
  just
• 34:39
  call
• 34:39
  it
• 34:40
  what
• 34:40
  it
• 34:40
  is.
• 34:40
  I'm
• 34:41
  all
• 34:41
  about
• 34:41
  calling
• 34:41
  the
• 34:41
  spade
• 34:42
  is
• 34:42
  paid.
• 34:43
  But
• 34:43
  here's
• 34:43
  our
• 34:44
  problem.
• 34:44
  We
• 34:44
  don't
• 34:45
  have
• 34:45
  a
• 34:45
  housing
• 34:46
  shortage.
• 34:46
  For
• 34:46
  those
• 34:47
  people.
• 34:48
  The
• 34:48
  first
• 34:48
  thing
• 34:49
  we
• 34:49
  need
• 34:49
  to
• 34:49
  do
• 34:49
  with
• 34:49
  a
• 34:49
  majority
• 34:50
  of
• 34:50
  them
• 34:52
  needing
• 34:52
  mental
• 34:52
  health
• 34:53
  care,
• 34:54
  not
• 34:54
  all
• 34:54
  of
• 34:54
  them
• 34:55
  drug
• 34:56
  addiction.
• 34:56
  Many
• 34:57
  times
• 34:57
  there's
• 34:57
  mental
• 34:58
  health
• 34:58
  issues
• 34:59
  from
• 34:59
  previous
• 35:00
  trauma
• 35:00
  or
• 35:01
  whatever
• 35:01
  the
• 35:01
  mental
• 35:02
  health
• 35:02
  issue
• 35:03
  came
• 35:03
  from,
• 35:04
  and
• 35:04
  they
• 35:04
  self
• 35:05
  medicate.
• 35:06
  Now
• 35:07
  there
• 35:07
  are
• 35:07
  a
• 35:07
  lot
• 35:07
  of
• 35:07
  people
• 35:08
  out
• 35:08
  there
• 35:08
  that
• 35:09
  are
• 35:09
  in
• 35:09
  a
• 35:09
  bad
• 35:09
  situation,
• 35:11
  that
• 35:11
  are
• 35:11
  working
• 35:11
  jobs
• 35:12
  still
• 35:12
  and
• 35:13
  are
• 35:13
  intense
• 35:13
  and
• 35:14
  they're
• 35:14
  clean.
• 35:15
  I'm
• 35:15
  just
• 35:15
  saying
• 35:15
  a
• 35:16
  majority,
• 35:16
  majority
• 35:17
  can
• 35:17
  be
• 35:17
  51%.
• 35:18
  But
• 35:18
  there's
• 35:18
  a
• 35:18
  lot
• 35:19
  of
• 35:19
  people
• 35:19
  out
• 35:19
  there
• 35:20
  that
• 35:20
  I
• 35:21
  talk
• 35:21
  to,
• 35:21
  a
• 35:21
  lot
• 35:21
  of
• 35:21
  people
• 35:22
  out
• 35:22
  there
• 35:22
  that
• 35:22
  are
• 35:22
  helping
• 35:23
  people.
• 35:24
  And
• 35:24
  a
• 35:24
  lot
• 35:24
  of
• 35:24
  the
• 35:25
  people
• 35:25
  out
• 35:25
  there
• 35:25
  that
• 35:25
  are
• 35:25
  camping,
• 35:26
  that
• 35:26
  aren't
• 35:26
  staying
• 35:27
  in
• 35:27
  shelters
• 35:28
  are
• 35:28
  there
• 35:28
  because
• 35:29
  they
• 35:29
  don't
• 35:29
  want
• 35:30
  to
• 35:30
  follow
• 35:30
  the
• 35:30
  rules,
• 35:31
  Tom
• 35:31
  and
• 35:31
  we're
• 35:31
  going
• 35:32
  to
• 35:32
  have
• 35:32
  to
• 35:32
  deal
• 35:32
  with
• 35:32
  that.
• 35:33
  Now,
• 35:33
  one
• 35:34
  of
• 35:34
  the
• 35:34
  issues
• 35:34
  that
• 35:34
  we
• 35:34
  see
• 35:35
  in
• 35:35
  my
• 35:35
  area
• 35:35
  here
• 35:36
  is
• 35:37
  that
• 35:37
  we
• 35:37
  see
• 35:38
  tons,
• 35:40
  tens
• 35:41
  of
• 35:41
  millions,
• 35:41
  hundreds
• 35:42
  of
• 35:42
  millions
• 35:42
  of
• 35:42
  dollars
• 35:42
  depending
• 35:43
  on
• 35:43
  where
• 35:43
  you
• 35:43
  want
• 35:43
  to
• 35:43
  count
• 35:43
  and
• 35:43
  how
• 35:44
  big
• 35:44
  of
• 35:44
  an
• 35:44
  area
• 35:45
  spent
• 35:45
  on
• 35:46
  dealing
• 35:46
  with
• 35:46
  the
• 35:46
  issue.
• 35:48
  The
• 35:48
  problem
• 35:49
  is,
• 35:50
  is
• 35:50
  my
• 35:51
  guess
• 35:51
  is
• 35:51
  there's
• 35:52
  probably
• 35:52
  15
• 35:52
  cents
• 35:53
  on
• 35:53
  the
• 35:53
  dollar
• 35:53
  that
• 35:53
  actually
• 35:54
  makes
• 35:54
  it
• 35:54
  to
• 35:54
  the
• 35:54
  problem.
• 35:56
  There
• 35:56
  are
• 35:57
  so
• 35:57
  many
• 35:58
  dollars
• 35:58
  that
• 35:58
  are
• 35:58
  being
• 35:58
  spent
• 35:59
  that
• 36:00
  are
• 36:00
  going
• 36:00
  to
• 36:00
  private
• 36:01
  nonprofits
• 36:02
  that
• 36:02
  aren't
• 36:02
  putting
• 36:03
  the
• 36:03
  money
• 36:03
  where
• 36:03
  it
• 36:03
  should
• 36:04
  be.
• 36:04
  There
• 36:05
  are
• 36:05
  people
• 36:06
  getting
• 36:06
  rich
• 36:07
  off
• 36:07
  the
• 36:07
  problem.
• 36:08
  And
• 36:09
  if
• 36:09
  you
• 36:09
  fix
• 36:09
  the
• 36:09
  problem,
• 36:09
  then
• 36:10
  you
• 36:10
  can't
• 36:10
  get
• 36:10
  the
• 36:10
  more
• 36:11
  money
• 36:12
  and
• 36:12
  guess
• 36:12
  what
• 36:12
  happens?
• 36:13
  We
• 36:13
  don't
• 36:13
  fix
• 36:13
  the
• 36:13
  problem.
• 36:15
  Now
• 36:15
  I've
• 36:15
  got
• 36:15
  a
• 36:15
  lot
• 36:15
  of
• 36:15
  ways
• 36:16
  that
• 36:16
  we
• 36:16
  could
• 36:16
  do
• 36:16
  this.
• 36:17
  I
• 36:18
  think
• 36:18
  we
• 36:18
  need
• 36:18
  to
• 36:18
  turn
• 36:18
  around
• 36:19
  and
• 36:20
  my
• 36:20
  opinion
• 36:21
  is,
• 36:21
  is
• 36:21
  we
• 36:21
  need
• 36:21
  to
• 36:21
  sit
• 36:22
  there
• 36:22
  and
• 36:22
  get
• 36:22
  some
• 36:23
  mental
• 36:23
  health
• 36:23
  care
• 36:23
  and
• 36:23
  drug
• 36:24
  treatment
• 36:24
  for
• 36:24
  these
• 36:24
  folks,
• 36:25
  for
• 36:26
  the
• 36:26
  ones
• 36:27
  that
• 36:27
  are
• 36:27
  out
• 36:27
  there
• 36:28
  that
• 36:28
  are
• 36:28
  drug
• 36:29
  users.
• 36:29
  I
• 36:29
  think
• 36:30
  if
• 36:30
  we
• 36:30
  get
• 36:31
  them
• 36:31
  help,
• 36:32
  get
• 36:32
  them
• 36:33
  the
• 36:33
  mental
• 36:33
  health
• 36:33
  care
• 36:34
  they
• 36:34
  need
• 36:36
  now,
• 36:36
  they're
• 36:36
  going
• 36:36
  to
• 36:36
  be
• 36:36
  able
• 36:37
  to
• 36:38
  maybe
• 36:38
  get
• 36:38
  a
• 36:39
  job,
• 36:39
  get
• 36:39
  some
• 36:39
  job
• 36:40
  training,
• 36:40
  and
• 36:41
  maybe
• 36:41
  we
• 36:41
  can
• 36:41
  then
• 36:42
  put
• 36:42
  them
• 36:42
  in
• 36:42
  a
• 36:42
  house
• 36:43
  that
• 36:43
  they're
• 36:43
  not
• 36:43
  going
• 36:43
  to
• 36:43
  trash
• 36:44
  or
• 36:44
  burn
• 36:44
  down.
• 36:46
  Can't
• 36:46
  be
• 36:46
  putting
• 36:47
  meth
• 36:47
  heads
• 36:47
  in
• 36:47
  a
• 36:47
  house
• 36:47
  and
• 36:48
  expect
• 36:48
  it
• 36:48
  not
• 36:48
  to
• 36:48
  get
• 36:48
  trashed
• 36:50
  when
• 36:50
  they're
• 36:50
  actively
• 36:51
  using
• 36:51
  drugs.
• 36:51
  It's
• 36:52
  just
• 36:52
  not
• 36:52
  going
• 36:52
  to
• 36:52
  happen.
• 36:54
  So
• 36:54
  this
• 36:54
  isn't
• 36:54
  a
• 36:54
  shove
• 36:54
  them
• 36:55
  in
• 36:55
  a
• 36:55
  house
• 36:55
  situation.
• 36:56
  This
• 36:56
  is
• 36:56
  a
• 36:56
  we
• 36:57
  need
• 36:57
  to
• 36:57
  fix
• 36:57
  the
• 36:57
  root
• 36:58
  cause
• 36:58
  of
• 36:58
  this.
• 37:00
  And
• 37:00
  unfortunately
• 37:01
  we
• 37:01
  haven't
• 37:01
  had
• 37:02
  a
• 37:02
  proper
• 37:02
  Mental
• 37:02
  health
• 37:02
  care
• 37:03
  system
• 37:03
  since
• 37:03
  the
• 37:03
  80s.
• 37:05
  And
• 37:05
  we
• 37:05
  got
• 37:05
  to
• 37:06
  come
• 37:06
  into
• 37:06
  a,
• 37:06
  a
• 37:06
  new
• 37:07
  way
• 37:07
  of
• 37:07
  dealing
• 37:07
  with
• 37:08
  that.
• 37:08
  The
• 37:09
  problem
• 37:09
  is,
• 37:09
  is
• 37:10
  that
• 37:10
  that's
• 37:10
  going
• 37:10
  to
• 37:10
  be
• 37:10
  like
• 37:10
  trying
• 37:11
  to
• 37:11
  create
• 37:11
  the
• 37:11
  VA
• 37:12
  again.
• 37:12
  Now
• 37:12
  I
• 37:12
  have
• 37:12
  an
• 37:12
  idea
• 37:13
  with
• 37:13
  that
• 37:13
  too.
• 37:14
  Some
• 37:14
  people
• 37:15
  call
• 37:15
  me
• 37:15
  crazy
• 37:15
  for
• 37:16
  this,
• 37:17
  but
• 37:17
  if
• 37:17
  I
• 37:17
  could
• 37:18
  wave
• 37:18
  a
• 37:18
  magic
• 37:18
  wand,
• 37:19
  what
• 37:19
  I
• 37:19
  would
• 37:19
  do
• 37:19
  is
• 37:19
  put
• 37:20
  out
• 37:20
  to
• 37:20
  bid
• 37:22
  hospitalization
• 37:23
  and
• 37:23
  the
• 37:23
  medical
• 37:24
  care
• 37:24
  for
• 37:24
  the
• 37:24
  va.
• 37:26
  Find
• 37:26
  out
• 37:26
  what
• 37:27
  company's
• 37:27
  gonna
• 37:27
  cover
• 37:28
  what,
• 37:29
  whether
• 37:29
  it's,
• 37:30
  you
• 37:30
  know,
• 37:30
  Blue
• 37:31
  Cross.
• 37:31
  Just
• 37:31
  name
• 37:32
  a
• 37:32
  company
• 37:32
  out
• 37:32
  there.
• 37:32
  Whoever
• 37:33
  it
• 37:33
  is
• 37:34
  could
• 37:34
  be
• 37:35
  Kaiser
• 37:36
  for
• 37:36
  us
• 37:36
  out
• 37:36
  here
• 37:36
  on
• 37:37
  the
• 37:37
  West
• 37:37
  Coast.
• 37:37
  Whoever
• 37:37
  it
• 37:38
  is,
• 37:38
  put
• 37:38
  her
• 37:39
  out
• 37:39
  to
• 37:39
  bed.
• 37:40
  And
• 37:40
  then
• 37:40
  you
• 37:40
  just
• 37:40
  give
• 37:41
  all
• 37:41
  our
• 37:41
  veterans
• 37:42
  that
• 37:43
  have
• 37:43
  busted
• 37:43
  their
• 37:43
  butt
• 37:44
  for
• 37:44
  everybody
• 37:44
  out
• 37:44
  there
• 37:45
  that
• 37:45
  have
• 37:45
  served
• 37:46
  our
• 37:46
  country,
• 37:46
  you
• 37:47
  give
• 37:47
  them
• 37:47
  a
• 37:48
  visa
• 37:49
  like
• 37:49
  credit
• 37:49
  card
• 37:49
  that
• 37:50
  they
• 37:50
  can
• 37:50
  walk
• 37:50
  into.
• 37:51
  Any
• 37:51
  doctor
• 37:51
  they
• 37:52
  want
• 37:52
  to
• 37:52
  go
• 37:52
  see,
• 37:52
  it's
• 37:53
  the
• 37:53
  one
• 37:53
  up
• 37:53
  the
• 37:53
  street.
• 37:54
  They
• 37:54
  shouldn't
• 37:54
  have
• 37:54
  to
• 37:54
  get
• 37:54
  in
• 37:55
  the
• 37:55
  car
• 37:55
  to
• 37:55
  drive
• 37:55
  for
• 37:55
  two
• 37:56
  hours
• 37:56
  to
• 37:56
  go
• 37:56
  to
• 37:56
  the
• 37:56
  va.
• 37:56
  Why
• 37:57
  not
• 37:57
  go
• 37:57
  to
• 37:57
  the
• 37:57
  doctor
• 37:58
  down
• 37:58
  the
• 37:58
  street
• 37:58
  that
• 37:58
  they
• 37:58
  know,
• 37:59
  hand
• 38:00
  them
• 38:00
  the
• 38:00
  card,
• 38:01
  take
• 38:01
  care
• 38:01
  of
• 38:01
  it.
• 38:02
  Then
• 38:02
  we
• 38:02
  take
• 38:03
  the
• 38:03
  existing
• 38:03
  VA
• 38:04
  hospital
• 38:04
  system,
• 38:06
  turn
• 38:07
  that
• 38:07
  into
• 38:07
  our
• 38:07
  mental
• 38:08
  health
• 38:08
  care
• 38:08
  system
• 38:08
  for
• 38:08
  our
• 38:09
  homeless,
• 38:10
  our
• 38:10
  drug
• 38:10
  treatment
• 38:11
  centers,
• 38:13
  then
• 38:14
  we
• 38:14
  might
• 38:14
  have
• 38:14
  a
• 38:15
  good
• 38:15
  system
• 38:15
  going
• 38:16
  and
• 38:16
  we've
• 38:16
  got
• 38:16
  to
• 38:16
  hold
• 38:16
  those
• 38:17
  people
• 38:17
  accountable
• 38:17
  as
• 38:18
  well.
• 38:18
  If
• 38:18
  they
• 38:18
  don't
• 38:18
  go
• 38:18
  in
• 38:19
  there,
• 38:19
  we're
• 38:19
  going
• 38:19
  to
• 38:19
  have
• 38:19
  to
• 38:19
  lock
• 38:19
  people
• 38:20
  down
• 38:20
  and
• 38:20
  get
• 38:20
  them,
• 38:20
  to
• 38:20
  get
• 38:21
  them
• 38:21
  help.
• 38:22
  And
• 38:22
  that's
• 38:22
  something
• 38:23
  that
• 38:23
  we
• 38:23
  could
• 38:23
  do
• 38:23
  with
• 38:23
  our
• 38:23
  legal
• 38:24
  system.
• 38:24
  There's
• 38:24
  ways
• 38:25
  to
• 38:25
  do
• 38:25
  this
• 38:25
  that
• 38:25
  is
• 38:26
  kind
• 38:26
  and
• 38:26
  gentle
• 38:28
  and
• 38:28
  a
• 38:28
  little
• 38:28
  forceful.
• 38:30
  They're
• 38:31
  like
• 38:31
  8
• 38:31
  year
• 38:31
  old
• 38:31
  kids
• 38:32
  out
• 38:32
  there.
• 38:33
  They're
• 38:33
  throwing
• 38:33
  tantrums
• 38:35
  sometimes.
• 38:35
  You
• 38:35
  got
• 38:35
  to
• 38:36
  get
• 38:36
  it
• 38:36
  under
• 38:36
  control.
• 38:37
  And
• 38:37
  that's
• 38:37
  what
• 38:38
  I
• 38:38
  think
• 38:38
  we
• 38:38
  need
• 38:38
  to
• 38:38
  do
• 38:38
  to
• 38:39
  solve
• 38:39
  this
• 38:39
  problem.
• 38:41
  Then
• 38:41
  we
• 38:41
  can
• 38:41
  start
• 38:42
  talking
• 38:42
  about
• 38:42
  affordable
• 38:43
  housing.
• 38:44
  I'm
• 38:44
  seeing
• 38:44
  cities
• 38:45
  build
• 38:45
  in
• 38:45
  affordable
• 38:46
  housing
• 38:46
  units
• 38:46
  that
• 38:47
  are
• 38:47
  7,
• 38:47
  $800,000
• 38:48
  a
• 38:48
  piece.
• 38:49
  And
• 38:49
  I'm
• 38:49
  shaking
• 38:49
  my
• 38:49
  head
• 38:49
  going,
• 38:50
  if
• 38:50
  you
• 38:51
  wouldn't
• 38:51
  have
• 38:51
  built
• 38:51
  that
• 38:51
  as
• 38:51
  a
• 38:52
  city,
• 38:52
  you
• 38:52
  could
• 38:52
  have
• 38:52
  turned
• 38:52
  around
• 38:53
  and
• 38:53
  built
• 38:53
  that
• 38:54
  privately
• 38:55
  maybe
• 38:55
  and
• 38:55
  built
• 38:55
  twice
• 38:56
  as
• 38:56
  many
• 38:56
  units.
• 38:57
  It's
• 38:57
  absolutely
• 38:58
  crazy.
• 38:59
  There
• 38:59
  are
• 39:00
  so
• 39:00
  many
• 39:00
  dollars
• 39:01
  being
• 39:01
  wasted
• 39:02
  out
• 39:02
  there
• 39:03
  and
• 39:03
  there
• 39:03
  are
• 39:03
  so
• 39:04
  many
• 39:04
  things
• 39:04
  we
• 39:04
  can
• 39:04
  be
• 39:05
  doing.
• 39:05
  You
• 39:05
  know,
• 39:06
  they're
• 39:06
  building
• 39:06
  right
• 39:07
  now
• 39:08
  Skyline
• 39:08
  Homes.
• 39:09
  I
• 39:09
  had
• 39:09
  them
• 39:09
  on
• 39:09
  a
• 39:09
  show
• 39:10
  earlier,
• 39:10
  you
• 39:10
  know,
• 39:11
  earlier
• 39:11
  this
• 39:12
  year.
• 39:12
  Champion
• 39:13
  Homes
• 39:13
  is
• 39:13
  the
• 39:13
  parent
• 39:14
  company.
• 39:14
  They're
• 39:14
  building
• 39:15
  manufactured
• 39:16
  housing
• 39:16
  this
• 39:16
  duplexes.
• 39:19
  Wow.
• 39:20
  You
• 39:20
  could
• 39:20
  go
• 39:20
  in
• 39:20
  there
• 39:20
  and
• 39:21
  spend
• 39:21
  a
• 39:21
  hundred
• 39:21
  grand
• 39:22
  maybe
• 39:22
  and
• 39:23
  put
• 39:23
  two
• 39:23
  units
• 39:23
  in.
• 39:25
  Why
• 39:25
  are
• 39:25
  we
• 39:25
  getting
• 39:25
  crazy
• 39:26
  with
• 39:26
  this?
• 39:27
  We
• 39:27
  could
• 39:27
  be
• 39:28
  building
• 39:28
  these
• 39:28
  things.
• 39:29
  Take
• 39:29
  an
• 39:29
  area
• 39:30
  of
• 39:30
  the
• 39:30
  port
• 39:30
  district
• 39:30
  that
• 39:31
  they
• 39:31
  aren't
• 39:32
  using.
• 39:32
  Take
• 39:32
  that
• 39:32
  big
• 39:33
  piece
• 39:33
  of
• 39:33
  land,
• 39:33
  put
• 39:33
  some
• 39:34
  utilities
• 39:34
  in
• 39:34
  there,
• 39:35
  drop
• 39:35
  a
• 39:35
  bus
• 39:36
  line
• 39:36
  in
• 39:36
  there,
• 39:37
  and
• 39:37
  guess
• 39:37
  what?
• 39:38
  You
• 39:38
  could
• 39:38
  put
• 39:38
  folks
• 39:38
  in
• 39:39
  there
• 39:39
  in
• 39:40
  nice,
• 39:40
  affordable
• 39:41
  houses
• 39:41
  to
• 39:41
  be
• 39:41
  living
• 39:42
  in.
• 39:43
  Way
• 39:43
  cheaper
• 39:44
  than
• 39:44
  having
• 39:45
  a
• 39:45
  city
• 39:45
  build
• 39:46
  it
• 39:47
  and
• 39:48
  support,
• 39:48
  support
• 39:48
  the
• 39:49
  local
• 39:49
  economy.
• 39:51
  You
• 39:51
  know,
• 39:51
  maybe
• 39:52
  you
• 39:52
  got
• 39:52
  60,
• 39:53
  $70,000
• 39:54
  per
• 39:54
  unit.
• 39:56
  There's
• 39:56
  answers
• 39:57
  here,
• 39:57
  guys.
• 39:58
  Especially
• 39:59
  when
• 39:59
  we've
• 39:59
  got
• 39:59
  land
• 40:00
  out
• 40:00
  there
• 40:00
  that
• 40:00
  could
• 40:00
  be
• 40:00
  used
• 40:01
  that
• 40:01
  the
• 40:01
  city
• 40:01
  already
• 40:01
  owns
• 40:02
  or
• 40:02
  the
• 40:02
  county
• 40:02
  or
• 40:03
  the
• 40:03
  state
• 40:03
  already
• 40:03
  owns.
• 40:04
  There's
• 40:05
  answers.
• 40:06
  No
• 40:06
  one's
• 40:07
  trying
• 40:07
  to
• 40:07
  work
• 40:07
  hard
• 40:07
  on
• 40:08
  it
• 40:08
  because
• 40:08
  they're
• 40:08
  making
• 40:09
  money
• 40:09
  for
• 40:09
  themselves.
• 40:10
  And
• 40:11
  that's
• 40:11
  where
• 40:11
  I
• 40:11
  got
• 40:11
  a
• 40:11
  really
• 40:12
  big
• 40:12
  issue.
• 40:13
  There
• 40:13
  are
• 40:13
  answers.
• 40:15
  I
• 40:16
  was,
• 40:16
  if
• 40:16
  you
• 40:16
  were
• 40:17
  listening
• 40:17
  on
• 40:17
  this
• 40:17
  show
• 40:17
  here,
• 40:18
  eight,
• 40:18
  nine
• 40:18
  years
• 40:18
  ago,
• 40:20
  I
• 40:20
  spent
• 40:20
  a
• 40:20
  lot
• 40:20
  of
• 40:21
  time
• 40:21
  because
• 40:21
  the
• 40:21
  city
• 40:22
  of
• 40:22
  Portland
• 40:22
  here
• 40:23
  had
• 40:23
  built
• 40:24
  this
• 40:24
  whole,
• 40:24
  whole
• 40:24
  big,
• 40:25
  huge
• 40:25
  Wapato
• 40:26
  jail
• 40:26
  center.
• 40:28
  They
• 40:28
  were
• 40:28
  going
• 40:28
  to
• 40:28
  farm
• 40:28
  it
• 40:29
  out
• 40:29
  and
• 40:29
  sell
• 40:29
  it
• 40:29
  out
• 40:29
  so
• 40:30
  other
• 40:30
  people
• 40:30
  could
• 40:30
  send
• 40:30
  their
• 40:30
  inmates
• 40:31
  here.
• 40:31
  Well,
• 40:31
  guess
• 40:31
  what
• 40:32
  happened?
• 40:33
  That
• 40:33
  didn't
• 40:33
  work
• 40:33
  out.
• 40:33
  They
• 40:34
  got
• 40:34
  it
• 40:34
  built.
• 40:34
  By
• 40:35
  the
• 40:35
  time
• 40:35
  they
• 40:35
  got
• 40:35
  it
• 40:35
  built,
• 40:35
  the
• 40:36
  need
• 40:36
  was
• 40:36
  gone.
• 40:38
  They
• 40:38
  were
• 40:38
  trying
• 40:39
  to
• 40:39
  tear
• 40:39
  it
• 40:40
  down.
• 40:43
  And
• 40:43
  a
• 40:43
  local
• 40:44
  entrepreneur
• 40:45
  bought
• 40:45
  it
• 40:45
  at
• 40:45
  auction
• 40:46
  for
• 40:47
  pennies
• 40:47
  on
• 40:47
  the
• 40:48
  dollar
• 40:49
  and
• 40:49
  worked
• 40:49
  with
• 40:50
  a
• 40:50
  local
• 40:50
  nonprofit
• 40:51
  to
• 40:51
  turn
• 40:51
  it
• 40:52
  into
• 40:53
  a
• 40:53
  shelter
• 40:54
  for
• 40:54
  people
• 40:54
  to
• 40:54
  get
• 40:54
  help.
• 40:57
  Now
• 40:57
  they
• 40:57
  were
• 40:57
  going
• 40:58
  to
• 40:58
  tear
• 40:58
  that
• 40:58
  down.
• 40:58
  They
• 40:59
  wanted
• 40:59
  to
• 40:59
  make
• 40:59
  it
• 40:59
  into
• 40:59
  a,
• 41:00
  into
• 41:00
  a,
• 41:01
  you
• 41:01
  know,
• 41:01
  an
• 41:01
  office,
• 41:02
  retail.
• 41:02
  They
• 41:02
  were
• 41:03
  going
• 41:03
  to
• 41:03
  take
• 41:03
  this
• 41:03
  brand
• 41:04
  new,
• 41:04
  full
• 41:05
  access,
• 41:06
  ready
• 41:06
  to
• 41:06
  roll,
• 41:07
  fully
• 41:07
  stocked
• 41:08
  jail
• 41:08
  that
• 41:08
  never
• 41:08
  had
• 41:09
  an
• 41:09
  inmate,
• 41:11
  had
• 41:11
  the
• 41:11
  hospital
• 41:12
  beds,
• 41:12
  had
• 41:12
  everything
• 41:12
  in
• 41:13
  it,
• 41:13
  and
• 41:13
  they
• 41:13
  were
• 41:13
  going
• 41:13
  to
• 41:13
  tear
• 41:14
  it
• 41:14
  down
• 41:15
  and
• 41:15
  sell
• 41:15
  off
• 41:15
  the
• 41:16
  property.
• 41:17
  And
• 41:18
  they
• 41:18
  fought
• 41:18
  to
• 41:19
  do
• 41:19
  that.
• 41:20
  And
• 41:20
  that's
• 41:20
  the
• 41:21
  insanity.
• 41:21
  There's
• 41:22
  a
• 41:22
  lot
• 41:22
  of
• 41:22
  things
• 41:22
  we
• 41:23
  can
• 41:23
  be
• 41:23
  doing.
• 41:23
  I
• 41:24
  know
• 41:24
  of
• 41:24
  a
• 41:24
  lot
• 41:24
  of
• 41:24
  hospitals
• 41:25
  out
• 41:25
  there
• 41:25
  since
• 41:26
  we've
• 41:26
  had
• 41:27
  all
• 41:27
  these
• 41:27
  medical
• 41:27
  issues
• 41:28
  out
• 41:28
  there
• 41:28
  on
• 41:28
  the,
• 41:29
  on
• 41:29
  the
• 41:29
  doctor
• 41:30
  front.
• 41:30
  I
• 41:30
  mean,
• 41:31
  it
• 41:31
  can
• 41:31
  take
• 41:31
  you
• 41:32
  two
• 41:32
  months
• 41:32
  to
• 41:32
  get
• 41:32
  in
• 41:32
  to
• 41:32
  see
• 41:33
  your
• 41:33
  doctor.
• 41:33
  Now,
• 41:34
  a
• 41:35
  lot
• 41:35
  of
• 41:35
  hospitals
• 41:35
  out
• 41:35
  there
• 41:36
  in
• 41:36
  rural
• 41:36
  areas
• 41:36
  that
• 41:36
  have
• 41:37
  closed
• 41:37
  up,
• 41:39
  lot
• 41:39
  of
• 41:39
  them.
• 41:40
  We
• 41:41
  should
• 41:41
  be
• 41:41
  using
• 41:41
  those
• 41:42
  spaces.
• 41:43
  They've
• 41:43
  already
• 41:43
  got
• 41:44
  the
• 41:44
  systems
• 41:44
  there.
• 41:45
  Little
• 41:45
  update.
• 41:47
  Those
• 41:47
  would
• 41:47
  be
• 41:47
  great
• 41:48
  places
• 41:48
  for,
• 41:49
  to
• 41:49
  put
• 41:49
  people
• 41:49
  into.
• 41:51
  If
• 41:51
  we
• 41:51
  got
• 41:52
  to
• 41:52
  put
• 41:52
  a
• 41:52
  fence
• 41:52
  around
• 41:52
  the
• 41:52
  outside
• 41:53
  because
• 41:53
  it's
• 41:53
  a
• 41:53
  lockdown,
• 41:54
  so
• 41:54
  be
• 41:54
  it.
• 41:56
  But
• 41:56
  there's
• 41:56
  a
• 41:56
  lot
• 41:56
  of
• 41:56
  answers,
• 41:57
  guys,
• 41:57
  that
• 41:57
  we
• 41:57
  could
• 41:57
  be
• 41:57
  doing.
• 41:59
  Those
• 41:59
  empty
• 41:59
  hospitals
• 42:00
  that
• 42:00
  are
• 42:00
  sitting
• 42:00
  there
• 42:01
  falling
• 42:02
  apart,
• 42:02
  we
• 42:02
  could
• 42:03
  be
• 42:03
  fixing
• 42:03
  those
• 42:03
  up
• 42:03
  and
• 42:04
  putting
• 42:04
  people
• 42:04
  in
• 42:04
  there
• 42:04
  and
• 42:05
  helping
• 42:05
  them
• 42:05
  out.
• 42:07
  And
• 42:07
  right
• 42:08
  now
• 42:08
  we're
• 42:08
  just
• 42:08
  shuffling
• 42:08
  them
• 42:09
  around,
• 42:09
  hiding
• 42:09
  them.
• 42:09
  You
• 42:09
  know,
• 42:10
  when
• 42:10
  a,
• 42:10
  when
• 42:10
  a
• 42:11
  big
• 42:11
  event
• 42:11
  in
• 42:12
  a
• 42:12
  metropolitan
• 42:12
  city
• 42:13
  happens
• 42:13
  they
• 42:13
  shove
• 42:14
  them
• 42:14
  all
• 42:14
  to
• 42:14
  the
• 42:14
  other
• 42:15
  side.
• 42:16
  We're
• 42:16
  just
• 42:16
  moving
• 42:16
  around
• 42:17
  the
• 42:17
  shells
• 42:17
  here
• 42:17
  in
• 42:18
  the
• 42:18
  shell
• 42:18
  game.
• 42:18
  We've
• 42:18
  got
• 42:19
  to
• 42:19
  figure
• 42:19
  this
• 42:19
  out.
• 42:21
  So
• 42:21
  there's
• 42:21
  a
• 42:21
  lot
• 42:21
  of
• 42:21
  options
• 42:22
  out
• 42:22
  there
• 42:22
  in
• 42:23
  affordable
• 42:23
  housing.
• 42:24
  There's
• 42:25
  a
• 42:25
  lot
• 42:25
  of
• 42:25
  options
• 42:25
  out
• 42:26
  there
• 42:26
  of
• 42:26
  getting
• 42:26
  people
• 42:27
  the
• 42:28
  treatment
• 42:28
  they
• 42:29
  need.
• 42:30
  We
• 42:30
  just
• 42:30
  haven't
• 42:30
  had
• 42:30
  a
• 42:31
  leader
• 42:31
  that's
• 42:31
  been
• 42:31
  trying
• 42:31
  to
• 42:31
  work
• 42:32
  on
• 42:32
  it
• 42:32
  yet
• 42:33
  that
• 42:33
  has
• 42:33
  gotten
• 42:34
  any
• 42:34
  traction
• 42:34
  with
• 42:35
  it.
• 42:35
  So
• 42:35
  I
• 42:36
  hope
• 42:37
  that
• 42:38
  as
• 42:39
  people,
• 42:40
  as
• 42:40
  humans,
• 42:42
  I'd
• 42:42
  love
• 42:42
  it
• 42:43
  if
• 42:43
  we
• 42:43
  could
• 42:43
  put
• 42:43
  our
• 42:43
  heads
• 42:44
  together
• 42:44
  and
• 42:45
  find
• 42:45
  some
• 42:45
  solutions
• 42:45
  to
• 42:46
  this.
• 42:46
  So
• 42:46
  we're
• 42:46
  talking
• 42:47
  a
• 42:47
  little
• 42:47
  bit
• 42:47
  more
• 42:47
  about
• 42:47
  this,
• 42:48
  about
• 42:48
  how
• 42:49
  we
• 42:49
  can
• 42:49
  do
• 42:49
  this,
• 42:49
  because
• 42:50
  guess
• 42:50
  what?
• 42:51
  Use
• 42:52
  a
• 42:52
  homeowner
• 42:52
  and
• 42:53
  the.
• 42:54
  The
• 42:55
  homeless
• 42:55
  people
• 42:56
  that
• 42:56
  are
• 42:56
  sleeping
• 42:57
  on
• 42:57
  the
• 42:57
  side
• 42:57
  of
• 42:57
  your
• 42:57
  house
• 42:58
  or
• 42:58
  stealing
• 42:59
  stuff
• 42:59
  off
• 42:59
  your
• 43:00
  porch
• 43:00
  or
• 43:00
  whatever
• 43:00
  else.
• 43:02
  We're
• 43:03
  going
• 43:03
  to
• 43:03
  reduce
• 43:03
  crime
• 43:04
  by
• 43:05
  getting
• 43:05
  these
• 43:05
  people
• 43:05
  the
• 43:06
  help
• 43:06
  they
• 43:06
  need
• 43:07
  and
• 43:07
  make
• 43:07
  your
• 43:08
  city
• 43:08
  that
• 43:08
  you
• 43:09
  live
• 43:09
  in
• 43:10
  more
• 43:10
  enjoyable,
• 43:11
  safer
• 43:11
  for
• 43:12
  the
• 43:12
  next
• 43:12
  generation.
• 43:13
  So
• 43:14
  I
• 43:14
  think
• 43:14
  there's
• 43:14
  a
• 43:14
  lot
• 43:14
  of
• 43:14
  great
• 43:14
  answers
• 43:15
  out
• 43:15
  there
• 43:15
  that
• 43:15
  we
• 43:16
  can
• 43:16
  chase
• 43:16
  down.
• 43:16
  We're
• 43:17
  just
• 43:17
  going
• 43:17
  to
• 43:17
  have
• 43:17
  to
• 43:17
  do
• 43:17
  it
• 43:18
  and
• 43:18
  make
• 43:18
  some
• 43:18
  hard
• 43:18
  decisions
• 43:19
  and,
• 43:20
  yeah,
• 43:20
  spend
• 43:21
  some
• 43:21
  money.
• 43:21
  But
• 43:21
  that
• 43:21
  doesn't
• 43:22
  mean
• 43:22
  a
• 43:22
  blank
• 43:22
  check.
• 43:23
  That
• 43:23
  just
• 43:23
  means
• 43:23
  that
• 43:23
  we
• 43:23
  got
• 43:23
  to
• 43:23
  do
• 43:24
  something
• 43:24
  smart
• 43:25
  instead
• 43:25
  of
• 43:25
  letting
• 43:25
  a
• 43:26
  handful
• 43:26
  of
• 43:26
  people
• 43:26
  get
• 43:27
  rich
• 43:27
  off
• 43:27
  of
• 43:27
  this
• 43:27
  whole
• 43:28
  thing
• 43:29
  and
• 43:29
  not
• 43:29
  help
• 43:29
  people.
• 43:31
  It's
• 43:31
  absolutely
• 43:32
  insane.
• 43:32
  It's
• 43:32
  just
• 43:33
  as
• 43:33
  crazy
• 43:33
  as
• 43:34
  the
• 43:34
  city
• 43:34
  of
• 43:34
  Portland
• 43:35
  when
• 43:35
  they
• 43:35
  went
• 43:35
  through
• 43:35
  and
• 43:35
  decided
• 43:36
  that
• 43:36
  they
• 43:36
  were
• 43:36
  going
• 43:36
  to
• 43:37
  make
• 43:37
  drugs
• 43:38
  legal
• 43:38
  in
• 43:38
  the
• 43:38
  city
• 43:39
  and
• 43:39
  then
• 43:39
  wondered
• 43:40
  why
• 43:40
  everybody
• 43:40
  was
• 43:40
  dying
• 43:41
  from
• 43:41
  overdoses.
• 43:43
  And
• 43:43
  everybody
• 43:43
  pointed
• 43:44
  at
• 43:44
  each
• 43:44
  other
• 43:44
  and
• 43:44
  went,
• 43:44
  huh,
• 43:45
  we
• 43:45
  better
• 43:45
  change
• 43:45
  that.
• 43:45
  And
• 43:46
  they
• 43:46
  finally
• 43:46
  did.
• 43:47
  But
• 43:48
  that
• 43:48
  was
• 43:48
  a
• 43:48
  horrible
• 43:48
  experience
• 43:49
  experiment
• 43:50
  that
• 43:50
  killed
• 43:50
  a
• 43:50
  lot
• 43:50
  of
• 43:50
  people.
• 43:51
  Let's
• 43:51
  see
• 43:52
  if
• 43:52
  we
• 43:52
  can
• 43:52
  help
• 43:52
  everybody
• 43:52
  out,
• 43:53
  guys.
• 43:54
  Let's
• 43:54
  think
• 43:54
  about
• 43:54
  it.
• 43:55
  If
• 43:55
  you
• 43:55
  got
• 43:55
  suggestions,
• 43:56
  love
• 43:56
  to
• 43:56
  hear
• 43:56
  them.
• 43:57
  Send
• 43:57
  them
• 43:57
  over
• 43:57
  to
• 43:57
  aroundthehouse
• 43:58
  online
• 43:59
  dot
• 43:59
  com.
• 44:00
  Thanks
• 44:00
  for
• 44:00
  tuning
• 44:00
  in
• 44:00
  to
• 44:01
  around
• 44:01
  the
• 44:01
  House.
• 44:01
  We'll
• 44:02
  see
• 44:02
  you
• 44:02
  for
• 44:02
  the
• 44:02
  next
• 44:02
  one.