bankruptcy and i'm like a homeowner who can walk away from a mortgage that's more than the house is worth a municipality. if you come back to this property it's considered trespassing did you ever think that this word could become 50 percent of your business no never would have the lives of . us i found in the model farms our world your ideology was not right. now to. jar opener everyone needs one of those. yes not just.

the team. from the living room. i was 18 counting the counter. he count this to feed here. i've been doing real estate with him since now it was 2 so that's 16 years. after the l.a. times article in the nightline piece all bad i remember us being just completely crazy busy i mean as great as it was it was such a blur. it was a blur. you think when i said who. or you think that i don't know all those details

i'm just saying blur meaning it was a blur time of my life well let me add some color because i remember i'm sure. the blog was run into i don't want to. because of our connection to countrywide they started at least they had just applied to be one of the. december 2006. 1000900 square feet right across the street from the freeway one. so we call it retro order. vintage. lovely. if you. are watching this video and your realtor. say wait a minute i represented the buyer when they paid a 1000000. i want to put your my tie down and go grab

a shingle. right now and you don't deserve to be licensed december 2006. i want. to get fired. i'm jim. there's a lot of trust marketplace on value could this be just a value bubble where people just keep paying these crazy prices a lot more than they used to just literally a year ago just because they want to get a house there really isn't the evidence to help support them that i can say oh for sure it's worth. there's really i think some valid concern about valuations when the proof is so thin. it's always been a problem in this industry there is. one way to determine what some

is worth is look what other people paid off the other people were crazy. they were hoping to get $2000000.00 for these appear you can see they built a handful of them and gave up and those are $5.60 square foot alice. everyone was going by the montra get in or you might get priced out forever because up to that point no one had seen any previous downturn just wasn't in the camera larry and nobody clinton realtors ever really thought a party is never going to end.

i mean the thing about this is this is kind of based on bill i was the engineer it would design and layout to build this stuff. i would work on these big development projects sees would come to us we want this done we've gone build it and i sincerely believe that the work i was doing was building a great america. but then i started to ask some questions about what comes next. after we build something how do we take care of it what's the cash flow that makes this all work i started to look at developments that i had worked on or near run some larger math problems. for example developer would come in and build the road to the developer paid all the costs to build it people have been paying their taxes and the idea was they pay their taxes and then the government would fix this road. the cost was $3.00 and $54000.00 to fix that road we had 6. ok based on

the taxes the city's collecting from these people alone is going to take them to me to get the money they just spent. dancer 79 years. as an engineer i knew that road was going to last 2025 years this doesn't make any sense . the growth creates what we call the illusion of wealth if you lose money on every transaction you don't make it up in volume. where we at today. were like way out here. you can look at the run up to the housing crash as a prime example everybody felt like what we're doing ok because you know yeah i made $12000.00 housing payments but my house went up by 40000 i cashed out the difference i'm doing fine here's centrally skirting around the core problem which is that the underlying economy does not work. in 2000 we had

1100 census tracks in this country that year could classify as persistent poverty in 2010 it went from 1100 census tracks to 3300 census tracks 3 times the american geography is now in persistent poverty. our places don't work they're just designed to decline. if you don't know what was lost you don't look at the place and see like this is decline. 143 if you're 10 years 20 years 30 years older than me all you see is wounds. and so it's really hard for you to get your mind out of that and actually see how this could be a better place. now we have it all off guard and so we've made it right i don't know maybe the middle east is heartbreaking the midwest is heartbreaking of all the places this is one of the last ones i live but it's all.

you know there's a part of me that loves it too like i look at it and i'm like i want to help this place i want to make it a moving little google street if you go. 6 street that was. the same and that's. after another and. i'm educated enough to to know that i shouldn't talk about some things because i'm i'm i realize how ignorant i am i mean i grew up in a city that is 99 percent white and probably still is very close to that. but when you start to get a mixing of people in the community the others start to move in whether the other is someone of a different race or someone of a different social class i think excite colleges is that there's a natural human tendency to circle the wagons and what zoning did is a good like this really wonderful tool to be able to write in

a more camouflaged kind of racist way we don't want those people here. i think the irony today is that it's also now tracked for white people their mechanics say is you go to i did it they did out of 4 new break lads. what is the other. you know things are. going to fix my refrigerator margaret. you know cream abdul-jabbar said the hyper problem we had today is less race than it is poverty and i think use exactly right i mean there's a racial element to it but. middle class whites will sacrifice poor whites too there's no racial loyalty there they're going to kick them to the curb. been able to travel around the country to experience different communities it's the same.

it's the same thing. so you see across the rust belt and you see across rural america people struggling and those struggles are kind of shared struggles with people in urban areas that have long been left behind when you find that you can no longer get the mortgage or we can no longer cash out the equity when you can no longer get a car loan for the new car your world changes and your experience changes and america becomes like a really cruel place. starting to see more and more that is a mainstream experience how are you going to. win even the mission here and nobody else can even call it even. if. you can create a social contract to make tons of promises we now live in the day when those promises are coming to you. and that's not a left or right thing. kind of transcends left and right because neither side

understands that they both want to go back to what they thought worked. or didn't work. is you'll be via reflection of reality. in a world transformed. what will make you feel safe. isolation community. are you going the right way or are you being. direct. what is true what is faith. in the world corrupted you need to this end. so join us in the depths.

or remain in the shallows. the world is driven by a dream shaped by one person. the dares thinks. we dare to ask. secrets prisons are not usually what comes to mind when thinking about europe however even the most prosperous can be deceived within the 0 zone there were 2 view houses were allegedly bursts of prison was located and only cia people had

access to the story investigators show how they uncovered the darkest dealings of the secret services but i mean. the great of nor in. hockey seem a bit of sore knee yes or no for. crying for justice on r.t. . all but all in all just don't call. me at all yet to stamp out this thing to come out ahead and engage me because the trail. went on many find themselves worlds apart we choose to look for common ground.

between. 210-0000. people feeling like they have control over. how to. run. not only this but they are your vote. that. we will build together port coming to when we build it it will be ours for coming to a vision for the heart of

a new world headquarters for under armor an opportunity for all of baltimore. mr. snipes baltimore city council for the stamp of approval on the $660000000.00 for the forthcoming project. to see affordable housing jobs in exchange for the investments are intended to have a mixed income community their definition of affordable housing is affordable to families making about $70000.00 per year so we're saying is just can't build a community with people who. you know. is not cut but if only. those neighborhoods to the quality. in favor. and here.

remember you're creating structural disadvantage in our national marriage but we creating structural advantage in our white. desks where we are today. it was until i got older and start to understand in. politics i love him more and at the same time i started getting really big and black history and about the things that america had done to us of course shot stepped on a c.b.s. news desk tech will be readily recognize that is right but we don't recognize what. we already know as putting people in environments where they don't have. a desk. in baltimore city. i was sitting here in mind this watching the police in the children interact on the day of april 27th 2015. the children were there rocks the police

door rocks back at the children in a vision the police you know they're shooting were bullets and they deployed teargas and at the moment they deplore that teargas i'm sitting here and i feel like this weight come right on my chest and i'm like i can't breathe i can watch any more because i knew it was causing some sort of physiological reaction in my body. it really was a. powerful pivotal turning point because everybody when overdraft everybody went into throwing themselves into activism and nonprofit work and voluntourism. so this is let's. talk about here so that's. it is. part of this.

agreement area to me that small section of a neighborhood is everything because a certain level of pain you got to go through to be really from baltimore and when you really from a neighborhood that has a reputation you get was known as a state. i have. my little you know. the only thing to do. so it's really. you know to be connected to a neighborhood. where people outside of street don't understand all of this stuff is about legacy. you don't really know where we come from we don't know our families so. you put your all into band st do is really the only industry that we run we think we were going to say so from the kids grow up under the you name what is your name and what kind of name you want to leave for your children. as

a for that's the name of allah for me i could go anywhere i want to is bottom line i have a problem because all my followers but because i'm not history do but i still carry those morals i got a. block in a city and it's going to. be a new blood i'm trying to tell you. i have a lot of people just by giving them places to stay and what i know how to do. i know too much about real estate to get them into these homes will be my legacy as. it was only families. who. have seen so much. you know it's see. from when i was young to name something that's not even to me and it's dangerous and you. can speak and it. and

then i think. you know said they need me to get again. people who've been here and have been. beaten up and title is so much. you've got to be managed. any kind of manifest. so when you get out attorney to display your anger. it goes way beyond anybody to thank. the 3.

guys who just at the c.b.s. are. they. are. not. going to go. as long. as. someone to stop it right here i just wanted you to see this piece 1st i want to do something else to sort of young man was poking a water hose most a pocket knife. wow i want you to know that right there. right there.

at 21 we know. 2 is 25 and he was trying to give me more time than i had been on earth it was scary but it was eerily familiar because it felt like no matter what i accomplished in my life being the 1st person to go to college graduate school i felt like i was supposed to be there it's kind of hard for you to. take this stuff that we see here and translate it into the humanity of it as a person a 1000000 got a $1000000.00 in restitution $100.00 and that is $10000.00 less anybody you know anybody here to live 10000 less. can lead a city to my resignation. well it. can't you're not allowed lisa he said it's sort

of presentation to. these initial i was they don't make the news these are the differences that make. people like myself turn off from everybody just self. you know what i mean because everybody has a share. when people make the claim of you know why would people burn in their own neighborhood but then you sort of. statement to sort of gloss over the fate that news labor has don't have this need to begin with. we why would they burned on their own community i mean it really isn't a community that they've been able to have ownership is. don't push me cause close to the aids black community employers so that is it and i think that is sort of why we see some of the president. last may begin to understand that black lives matter but black lives don't matter

if black neighborhoods don't matter. i came back yes subsequently when i was a police officer. and it was all bricked up all the windows to dois. choice property now the. chance of 5. gentrification i suppose on one hand is a good thing for sure cleaned up the neighborhood it makes it nice but my heart goes out to the people who once lived here who got moved down the cost of where those poor people go you know they were forced out enabled by their homes or god. if we as a country don't pay attention to. the places where people are the homes that people . will continue to go in circles and that really get to the root problem. when you look at a rain forest home you're seeing

a very complex ecosystem. not only do you have these massive trees but you have all the understory all the animals every do leaf has its own individual ecosystem and when you add up all that you have this massive massive complex and. you compare that to say a cornfield. you have one species of plant the complete monoculture. and what you see is a very efficient undertaking a lot of corn in a very small space but you certainly don't have the complexity and the ability to thrive than a rain forest. so what we did is we switch cities from being complex systems to form if. you look back in history and the way humans evolved along with the city. and what

you see is that messiness that friction that rubbing up against other people is an essential component. and there was a certain discomfort that went along with that there is also a social dimension to it that we've just completely lost. this pattern of development has allowed us to. intentionally enrich. the pain and the hurt and the needs that call long and all our places.

just don't. get to shape out. and engage. the trail. themselves worlds apart. she still look for common ground. is your media a reflection of reality. in

a world transformed. what will make you feel safe. isolation or community. are you going the right way or are you being led so. direct. what is true what is faith. in the world corrupted you need to descend. to join us in the depths. or a maybe in the shallows. you know what i mean you get there see i don't think about love last act at all many of us grow monotony and our power. kind of around the. course of the now i think it's higher than our. members of the

african mafias conway's them safe and quick passage to europe but once they. leave they are leave the country each util. will not some of them leave your mama not under you know it and if you need to get it out it meant. they sold the. lease. home court of the. persona but ok given that all you scabby the normal.

sirens on reports of shouting and water. with some azeri towns hit as well. couldn't ceasefire between armenia and azerbaijan we have from locals on both sides of the called flags. what can i say about people who have no idea of humanity it is a pity that we are dealing with barbarians and terrorists i mean it's also a. neighbor observed an occupy new territories. thousands pour into the streets of sao paulo french cities to denounce radical violent to the group over. his pupils caricature is considered offensive to muslims. on social gatherings a coming on to special pandemic as one governor in.