again, peter cohen. it is very fortuitous that last week you had the congress and industry report and last week you had the housing inventory because one is jobs and the other is housing and it raises the basic question of, gee, how is our job growth doing compared to our housing dpro*ets and how is our workforce taken care of? that is the take-home question. so we did a little work to figure that out. this has the topline conclusions of a bunch of number crunching that we've done over the last couple of days. this is not some highly refined piece of work but it is pretty darn good because we've been doing these analyses now the last few months. just here, this is intended to be a little bit folksy. so, what is the jobs housing fit that we really need for that 128,000 workers that has been generated over the last 10 years. that is what your commerce and inventory report said, right? it's not just compared to the 5,000 units that were built this year and those built over the same period of time. that is o

peter cohen made a bunch of great points that i want to touch on as commissioner richard and commissioner moore. so, i'll just high light a few things. first in terms of report. obviously thank you to the staff again. always great to have the great graphics. i've been to s.f. data, the site. but there is nothing like actually having it analyzed and in front of you to be able to see those trends. again, great twork to the staff. i'll point out a few things. there are a couple of chars to talk about. units aproved versus actually constructed and demolished and i want everyone to highlight that we definitely still have and we'll get to my thought on this, more units authorized that have not been built. we had years where thousands of units were authorized and maybe a few hundred actually built. and so in recent times we had a boom seeing cranes and the number of units authorized to units actually built are much more similar now, right? so maybe 4,000 approved but 4,000 also bill. we had a good three-year stretch where 3,000 or 4,000 approve and maybe 8900, if that, built. i think that is rea

couple probably people in the gold space like a peter schiff for example origin records for example folks and they don't seem to . really understand but cohen are there anti brake on or there because skeptics so you know you're somebody for the business for a while you're in the legal space what are they going wrong wow i mean do you want to be all here. look i'm going to take it back to something that i use in that i see in my in my in you know in practice all the time and it's that we're dealing with regulators for years and back in two thousand and fourteen twenty fourteen i thought twenty thirteen twenty fourteen ok these guys have a long time to figure this out this is new it's exciting the value propositions obviously there you know in the form of a white paper we started seeing the b.t.n. companies coming out so the regulators really do have time to figure it out but it's twenty eighteen and we still not really far ahead from where we were in twenty thirteen i think it's the same of these guys. i think there's a lot of intellectual laziness going on and i know a lot of them are super super prominent. you know intelligent but i've not

cohen. tracy jane corner. willis, patricia mary quayle. john bennink come, william manion daniels, gretchen, shannon davis, gabriel dellarepa. frank dinardo. peter corey. david scott gorski. michael joseph doyle. edgar howard eggleston. charles thomas fisher 4 rebecca. clayton flick. john patrick flynn. arthur, robert jared fortune. stacy denise franklin. paul matthew stephen friedman. >> cara reagan. james ralph buller. robertin, gabor, alan gallagher, matthew cannon gannon. tennis raymond. paul isaac garrett. kenneth james gibson. william david junior. all of leonora gordon. linda susan gordon. madeleine, loretta and gordon-. >> david j goals. andrzej nikolai, nicole james, lorraine francis walsh. lynn carol, pamela elaine herbert, rodney peter hilbert, alfred hill, catherine augusta hollister for josephine hudson. christina hudson. miriam hudson. >> we remember them. elizabeth sophie, jafar, robert been, paula jeffries, rachel jeffries, kathleen mary german, and johnson, mary alice lincoln johnson, syracuse university, i represent keisha wyden, her boyfriend, timothy baron johnson, christopher andrew jones, julian francis kelly, j joseph. we

you would have to go back to roy cohen to come up with a precedent for that, katy, and that might have been the most startling detail in that incredible story. as peter said, in some ways that story adds flavor to our understanding of donald trump in the white house in these early months, but it's consistent with things we knew. that trump was telling people the russia investigation was phony, he was trying to get his name cleared, he was pressuring people to drop the charges. there are a lot of startling new details. but they're consistent with this picture of donald trump thinking that the federal government is like the trump organization, that people are there to serve him and defend him, serve his pleasure, as long as they're loyal to him, not necessarily the constitution. but that particular detail is something different. that is a -- if true, it's a little sketchy. i don't doubt the voracity of it. we want to know more about it. it suggests a sleazy political smear campaign that is in a wholly new category and can't be explained why. donald trump was in some kind of strange way naive about how the government work. he thought the attorney genera

peter, thank you. we will follow all the updates. no official reaction from the white house yet to a "wall street journal" report that a lawyer for president trump, michael cohen a newly established company to pay hush money to a adult film star, stage name stormy daniels, in return to her silence about a sexual encounter with trump. paid daniels $130,000. >> there is nothing, you know, illegal generally about paying someone for a nondisclosure agreement. that's something that's done all the time, especially in cases of celebrities where there's some kind of damaging information reputation only. some lawyers have speculated that if michael cohen made this payment, it could be considered an in-kind campaign contribution, might of exceeded limits. that all depends on what the actual facts are if someone were to investigate it, if some prosecutor felt there was some case to be made. at this point, we don't know. >> both daniels and president trump previously denied the affair and the payoff. today, "intouch" magazine wants to detail from the record account in 2011 in which she describes sexual encounter with trump. the nasdaq jumped 40. for the four-day week, the