likelihood. that the housing. our entire economy is in danger and that means life as most americans know what is about to change 40000000 people took a mortgage in the last 3 years they will lose their lives this is not. among people of color. hamburger being a recent weekend the 3rd california say the power bankruptcy and i don't 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. yes i found

a flaw in the model harms our world your ideology was not right to start. out. everyone needs one of those. it's not just. the team. for the living room. i was 18 counting the counter. he count those 2 feet here.

i've been doing real estate with him since now that was 2 so that's 16 years. after the l.a. times article in the nightline piece all that 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 were you think that i don't know all those details i'm just a blur meaning it was a blur a time of my life well let me add some color because i remember the i'm sure. the blog was running i want to talk about those tales. because of our connection to countrywide they started police they had just applied to be one of the agents. and . some do think that. december 2006

this house sold for a 1000000 dollars 900 square feet right across the street from the freeway at $1000000.00. so we call it retro water heater a vintage. lovely. you. are watching this video and your realtor. and you're jumping off the couch saying 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 you don't deserve to be licensed december 2006 so. everyone who was on that deal deserves to get fired. i'm general to.

there's a lot of trust the 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 it. there's really i think some valid concern about valuations when the proof is so thin. that's always been a problem in this industry there is. just 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 can you larry and nobody clued in realtors ever really thought hey party is never going to end. i mean the thing about this is this is going to build i was the engineer it would design and layout build this stuff. i would work on these big development projects sees would come to us we want this done we got to 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 and run some larger math problems. for example developer would come in to build the road 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 has a question ok based on the taxes the cities collecting from these people alone is going to take them to recoup 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 city.

were like way out here. you can look at the run up to the housing crash as a prime example everybody felt like well 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 you 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 made it right i don't mean in the midwest it's heartbreaking the midwest is heartbreaking of all the places this is one of the last ones i live in but it's home and i 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. south 6 tree that was. in the same and that's our. show up after another yeah i know.

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 a commune like 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 trapped for white people their mechanics say is you go 200 if they get out as for new break lads. what is the other. thing for $4.00 if you don't think that this was an advantage if it's not a refrigerator market there for and not. if everybody's got

a gun. 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 for whites too there's no racial loyalty there they're going to kick them to the curb. been able to 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 that 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. we're starting to see more and more that is a mainstream experience. when even the mission here and nobody else can meet. if. you can create a social contract and 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. it didn't work. out so wrong.

to shape out these days to come out to it and engagement because betrayal. when so many find themselves worlds apart we choose to look for common ground. the world is driven by a dream shaped by one person. thinks . we dare to ask. secret prisons and not usually what comes to mind when thinking about europe however even the most prosperous can be deceived within this 0 zone there were too

few houses were allowed to leave prison was located and the only cia people had access to the story investigators l.z. uncovered the darkest dealings of the secret services but i mean. you go read it nor in. full. trying for justice. baltimore is very similar to the many cities in terms of the way that is being read . between 195-2000 baltimore lost 100000 1000000 patrons. so that's out of a negative effect to people feeling like they have control over the necessities of the lines. they

cannot. help but. not. a lot of fun. but all again. not only this they are your boat was. we will build together port coming to when we build it it will be. for coming to. the heart of a new world headquarters for under armor an opportunity for all of. this the. baltimore city council put the stamp of approval on the $660000000.00.

jobs in exchange for the investment. in mixed income community their definition of . making about $70000.00 per year. to build a community with people who. is not. only. neighborhoods. created strong. but we creating structure to teach in our way. today. and start to understand. more.

readily recognize that is right 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 watch ing the police in the children interact on the day of april 27th 2015. the children were thorax the police door rocks back at the children in a vision the police you know they're shooting were bullets and they deployed tear gas and at the moment they deplore that tear gas i'm sitting here on my i feel like this weight come right on my chest and i'm like i can't breathe i can watch it

anymore 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 their food everybody went into throwing themselves into activism and nonprofit work and voluntourism. so this is let's. talk about here so that's a couple of less. exercise even the president you think he's likely to be with the wrong party route. if. i go back on the recently from graham out to graham that area to me that small section of the neighborhood is everything because there's a certain level of pain you've 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 stamp you know. it's only thing for the last 2 digits of your article so it's really being you know to be connected to a neighborhood. but people outside of st don't want to. 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 a band. is really the only industry that we run or we think we were going to say so from. your name what is your name what kind of name you want to leave for your children. for that's the name of allah for me. anyway i want to bottom when i have a problem because of my followers but because i'm not history do but i still carry those morals. in a city. block i'm trying to tell you. i have

a lot of people just by giving them places to stay and not to do. i know too much about real estate to get them into these homes. as. we. have seen so much. from when i was young. and it's dangerous. and. you know. people who. have been mentally beaten up and so much that. you've got to be. a me kind of man.

so when you need to display your anger. anybody said thank. you. the 3. guys are just at the c.v.s. bar. take this in our.

lives not. to go nutty. as long as he. was going. to do something. for. someone to stop it right here i just wanted you to see this piece 1st but i want to do something else into something young man was poking a water hose missed a pocket knife. why i want you to know that see i'm right there. right damn. it $21.00. is fighting 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. i got a $1000000.00 in restitution. $100.00 and that is $10000.00 less anybody i know anybody who had to live $10000.00 less and that can lead a city to my recitation pay. well he. can't unilaterally you said he said it's sort of presentation pay these are the struggles they don't make the news these are the differences that make. people like myself turn off from everybody. you know what i mean because everybody has a seat. when people make the claim of

you know why would people burn down their own neighborhood but then you sort of live statement to sort of gloss over the fate that new used labor has don't have this need to begin with. the one with the burned on their own community i mean it really isn't a community that they've been able to have ownership in. don't push me cause close to the black community employers so that is it and i think that is sort of why we see some of the prism you see. happening 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 doors.

choice property now the. gentrified you know gentrification i suppose on one hand is a good thing for sure cleans up the neighborhood it makes it nice but my heart goes out to the people who once lived here who got moved down because when those poor people go you know they were forced out in neighborhood their homes are gone. if we as a country don't pay attention to. to places where people 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. 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 so 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 a complete monoculture. and what you see is a very efficient undertaking and a lot of corn in a very small space but you certainly don't have the complexity and the ability to thrive that i write for stuff. so what we did is we switch cities from being complex systems to corn. and. 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 in the needs that colin and all our places. i.

know when i'm going to be out there still i don't think about last picked on many of us that roman not me and our bar. i kind of were on the ship on course if not 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 arrive . they are enslaved to the country china europe. will not some of them maybe a mom and i couldn't you know if this unit can get out i mean. they sold the.

concorde of the import data because the persona that i can't even use can be the norm. l. look forward to talking to you all. that technology should work for people. a robot must obey the orders given by human beings except where such orders would conflict with the 1st law should your identification we should be very careful about artificial intelligence at the point obesity is too great trust ever other than fear. like taking on various shots and with artificial intelligence will summon the demon. a robot must protect its own existence as a mixer. with

. congo. the maternity town the slums go in and you may never get out some sort of the most of. my teenage gang rules here. go to one of you to move then you're letting my neighborhood go you know you were the worst but. the navy will. kill. you. minus one murderer 00. 0 and now it's looking for the yeah. and melanie when not when.

you know when you're the monkey and the little communes all i see. in the main stories of the week there are now 3 primary rejects purchasing the astra zeneca cave 19 vaccine after lab withheld and a volunteer dies during trial like tests from the gap continues shortly before thursday's u.s. presidential debate a former business associate of joe biden's son comes forward while occasions of corruption against the biden family and peter if you've a history teacher brown's confronts radical islam head on but it was an interesting fear that they will bear the brunt of the government's. why don't fear that you know i will have to be the be careful or fall for what i paused and my freedom of speech as a human rights activist is literally all the buttons.