our guest host this morning, already had a few words with richard lefrak, president of the lefrak organizationard, just to keep things really simple, rising interest rates could be a problem for certain parts of real estate? >> well, i think there's two factors to consider right now. number one we have a new president. he's saying to everybody he's a jobs president. if the economy flourishes, if he creates jobs, that's just super for real estate because command, you know, the fundamental demand for things will improve. businesses will start. they'll expand. people will buy homes because they're more secure about their incomes. and so that's all good for real estate. the other side of the argument is that interest rates going up and the strength of the dollar may discourage some foreign investment in this country. so you've got two things kind of going on at one time. >> you've known donald, the president-elect, for a long time. >> almost 50 years. >> almost 50 years. your dad was a pretty successful guy and so you had something to start with with lefrak, right? >> i did. >> and donald, a lot o