Transcript
A (0:00)
This is Matt Rogers and Bowen Yang from Las Culturistas with Matt Rogers and Bowen Yang. JBL Tour Pro3 earbuds are for those who don't conform to the standard. Yeah, I mean if you want to get into some touchscreen technology, how about the smart charging case clear sound. These are not standard things. You're only gonna get them with the JBL Tour Pro 3, baby. And I love the sound of JBL when it goes. These earbuds are packed with innovation because you can't stand out by following others. Touchscreen smart charging case for one touc instant EQ customization, true adaptive noise canceling and the one of a kind audio transmitter which can plug and play with everything from game consoles to in flight entertainment. What more could you want? First doesn't follow. Grab a pair@jbl.com Ladies and gentlemen, welcome.
B (0:47)
To the Tim Dillon show from our temporary studio here for one week here in Miami at the Move. Whatever it is. What's it called? Move. The Move Miami. The Move Miami. So if you are a creator in Miami, God only knows what that means. If you are a creator here in Miami and you want to come use a studio, this is a great studio. If you are an only fans check. Who wants to start a podcast because people really enjoy your personality or if you're a struggling rapper and you want to start building your brand or, you know, whatever the case may be, come on down here to the Move and get, get yourself on camera because people are waiting to hear from you. That's the whole thing. That. Don't you realize that. That people are you, you. You need to be heard from. That's what's happening. What is. Where's Miami at? That's what we're all thinking. Where are they at? I've been thinking a lot recently about the Mamdani win in New York City because like all of the, all of the people that I talk to in Florida are like, everybody's coming to Florida. And I don't know if that's true. I don't think it is. I talk to realtors in New York, contracts are up in New York City. They're going crazy in the Hamptons, meaning people are still buying real estate in New York. This idea that like everybody's come gonna come down to a foam party with Marco Rubio and plot the Venezuela invasion while railing lines of coke off someone's cock. Which though it sounds nice, isn't the best foreign policy. The idea that people are gonna just do that because we elected bin Laden in New York doesn't necessarily ring true. I think there's going to be a have to. People are going to get, they have to get a little wet on the subway first. Got to be a couple of stabbings, couple of shootings, a little, couple of stickings. You're not just going to pick up and head down to Miami unless someone, you know gets slashed. People used to get slashed all the time in New York. If slashing comes back. The thing about a good slashing is you wear the scar so it comes up. It's not like just a mugging or something that you can forget or you lost money on Bitcoin or whatever. This is like an actual scar. You show up to a place and people, it, people are horrified by the gash in your face. If that starts happening on the subway again, you could, you could see a world in which people come down here to Miami to hang out with Marco Rubio and the people that want to invade Venezuela, whatever Venezuelan expats he met down here in Miami that think we need to be there in Venezuela invading Venezuela, which is of course insane. But I was thinking about it, the New York affordability, and I was thinking about why it is so expensive to live in New York. It's always been expensive. But why it's gotten so absurd. Why has it become so ridiculous? And I think part of it, and if I was somebody who is the mayor of New York City and get the average condo price up right now in New York, get the average one bedroom rent and get the average condo price, the average price to buy in New York City. All of New York City, not just Manhattan. We're talking about the five boroughs of New York City. We got to do New York. We don't want Manhattan. We want the average condo price in New York City. That's five boroughs. It's not just Manhattan. And that's going to. I don't know what that number is. I know in Manhattan it's around $2 million. You know, 2.6 million or something silly. You don't have to live in Manhattan. Okay, I don't know that they have, I don't know that they have that number. Do they not have that number? They keep showing us Manhattan, but I'm wondering if there's an average one. What about average one bedroom rent in New York City? We know that the median condo price in Manhattan is about a million dollars. That's the middle of the market. And the average condo price is, is about two and a half. So the average rent for one bedroom apartment in New York City is around $4,450 a month. $4,450 a month. Okay, that is psychotic. Now, it varies a little bit. Some people are saying it's closer to 35, and some people are saying 42 neighborhood apartment size amenities can, can cause these average averages to fluctuate. But that's what you're paying for a one bedroom apartment in New York City. Now that is not a large apartment. You know, in most cases it is a entry level one bedroom apartment. You cannot have a guest, you cannot have friends over for dinner. You really can't raise a child in a one bedroom apartment. I know some people are going to say, well, I have, I forget. Okay, it can be done. Anything can be done. You can raise people in a hut. But this is an incredibly expensive one bedroom apartment. Now I want you to get up this, I want you to find the statistic for how much real estate in New York is owned by foreign nationals. I want you to look at that by percentage. I want you to look at it by percentage. I wonder if they're going to have that. How much real estate in New York City is owned by foreign nationals, meaning people that do not live in America. Okay, so here's our AI overview. Okay. It says while it's difficult to pinpoint an exact percentage, recent estimates suggest foreign nationals own a small fraction of New York's real estate, with foreign buyers accounting for about 7% of all residential purchases in the state and about 27% of all real estate value. So number one, that's not small. 30% is absolutely not small. The percentage of value that they own. And I believe it's much higher than 7% because I don't think this is taking into account shell corporations where you cannot trace who owns the property. The one of the entire. One of the big reasons that New York City is not affordable is because New York City, like other cities, has become a vertical money laundering scheme. And there are people that are buying real estate in New York for the sole purpose of laundering money to get it out of the country that they live or to wash it in New York City real estate because they earned it. Smuggling drugs, arms, children, women, people across borders. And the way to wash that money is to buy real estate in New York City under a shell corporation and LLC and disguise the ownership interest in it. And if you own real estate in New York, you have a, number one, it's a good investment because the city is, it is the largest gross national product, gross domestic product of any city in the United States second only. It flips with Tokyo, usually for the number one in the world. So it's a thriving economy. People are always going to want to live in New York. And you can always rent real estate if you own it in New York City and usually for a high value. But a lot of these people are not renting. They're not renting, they're owning. They're owning these condos because they don't want their money to be taxed or in a bank account where they live. Now you can get up shell corp, start looking this stuff up. Shell corp owners in New York City, these. This is the biggest problem that we have. This is a problem that nobody. I don't think Mamdani will do anything about this. Okay? I don't think he will do anything about all of the different ways you can purchase a realist real estate. Right. New data. This is from September of 2023. 37% of Manhattan properties owned by secretive LLC shell companies. 37%. Now we're finding the real number. They said 7%. It's actually a relatively small fraction. Now we're seeing what it really is. 37% of properties in Manhattan, no one knows who the fuck owns them. That's 40% of the city. No one has any clue who owns them because they're owned by secretive shell corporations. Now, you might say, for example, why would people buy with a secretive corporation? Is there any logical reason for it? Yes, I've done it. Because you want privacy. I don't want people showing up to my house trying to kill me because they found out where I. So people that are known, people use shell corporations? Absolutely. Because they don't want people to know where they live. I'm one of those people. I don't want you to know where I live. You're all crazy. And if you're all not crazy, if one of you is crazy, that's enough. So I don't want you to know where I live. If I was a regular person, a finance person, and I made money and nobody knew who I was, I wouldn't care. So there's a legitimate reason to use a shell. Now, if you're really determined to kill me, I have, you could come kill me wherever, because I. I advertise where I'm going to be publicly. But there's a lot of people, whatever degree of privacy they're looking for, you have a shell corp. But most of this isn't that. That might account for half a percent of the 37%, maybe a quarter of a percent. The vast majority of these people, okay, are trying to hide the fact that they own property in New York. A lot of this property is empty. Why in New York City do you walk down a street like Billionaires Row and there's no lights on any of the buildings because no one lives there. They don't rent any of these properties out. All of these properties are essentially banks. They're a store of value for somebody's money. And it's usually ill gotten gains. A lot of it's illegal money. Some of it isn't. But who does that help? It's a great question. Who does it help if billionaires from all over the world just buy real estate in New York City? Well, Michael Bloomberg, billionaire who ran New York City, was quoted as saying, we want all the world's billionaires. Why wouldn't we want the richest people in the world to launder their money in New York? After all, maybe they'll spend a week or two a year in New York City. They'll go to a restaurant or two. Maybe they'll stash their kid at NYU or Columbia. Why wouldn't we want that to Global City? It's part of New York City's character. Why wouldn't we want the wealthiest people in the world to use New York City as a vertical money laundering scheme where they purchase large amounts of real estate and drive the cost of real estate up for people that actually live in New York, people that actually live there. But this again, is the promise of great, of globalization. Is the great promise of globalization that money can cross borders. People can cross borders. You have an endless supply of labor if you want. You have an endless supply of capital. It can go all over the world. It's a free market. Everything's free. There's no tariffs, goods are moving, services, people. Why shouldn't people be able to come into a city, buy all the real estate, make all the buildings empty, and then drive the cost up so that no one can afford to live there? It's a great idea. This was the idea that we all grew up with, the magical idea of globalization. The magical idea that the entire world was going to be flat. Like Thomas Friedman said at the New York Times, everybody was going to be happy and everybody was. There's not going to be any more wars. It won't be wars anymore because we're going to live in a globalized, interconnected world where because of the Internet, everybody's going to be able to fight it out online. So there'll be no more wars. Well, how'd that work out? How'd that work out for everybody in Gaza? Do they feel like there's no more wars? But this was the promise of the global system. The idea that we had to take in people, and Trump's even saying that we have to do From China the H1B visas, they got to come in, we got to have people come in from India because we don't have those skills in America. Well, whose idea was it to not build those skills in America? Whose idea was it to bring people in from China and India that can do the tech jobs that we're not training Americans to do? I had an argument with my aunt this summer about immigration and I said, well, you know, legal immigration also is something that should be regulated and maybe curtailed. And she goes, well, who's going to be your doctor? She goes, my doctor's from Pakistan. Are we importing all of our doctors from Pakistan? Does that make any sense to anyone? That in the United States of America we somehow are not creating doctors, we're not training people that grew up here to be doctors, and we're bringing people in from Pakistan to be. Isn't Pakistan a dysfunctional society, to be quite honest? Is the idea that the United States, America, that every one of our children wants to flick their bean on only fans and instead of becoming a doctor and that we have to bring in doctors from Pakistan, a country that we suspected that was harboring the fugitives from 9 11. Is that, does that make any sense to anybody? It does to Jennifer Welch. It does to a lot of, like these like wine, mom, drunk white liberals that think it's so great. They love as brilliant. Rachel Feinstein, the comedian says, like her mother likes pronouncing these the names in the back of a taxi. But does this make any sense to anybody? And my, my aunt says this sitting on my couch. She has children. Some of them are doing great. Other others are getting by. They're doing fine. They're not bad people, but they're not killing it, they're not crushing it. And she's excited about bringing in doctors from Pakistan. That's what boomers would rather do. Boomers would rather bring in doctors from Pakistan while their own children die on the street. That is generally what they would rather do. They to prove the point that they are good people, they would rather bring in doctors from war torn third world countries than try to figure out how to get people in the United States of America to be doctors. It's the craziest thing I've ever heard. This is the craziest way to run a society. To let Chinese amusement park tycoons and Russian Fertilizer magnets buy $20 million fake apartments all over New York City, drive $400,000 a year lawyers out because they can't afford it, and then tell everyone else to go fuck themselves. And then wonder why Mamdani got elected. Does anyone? And then wonder why this guy got elected. This is the craziest way to run a society. And then to say that, oh, there's jobs in tech. They're the only jobs left, by the way. These jobs in tech are not like they're it. No matter what kind of company you own, it'll be a tech company eventually. Because everything's going to have a strong digital component. Most of it already does. So you're going to. Well, we need to bring in, we need to bring in these people from China and India on H1B visas because we don't have that pool of talent in America. Well, shouldn't we be building it, shouldn't we be building that pool of talent in America if these are some of the only jobs? Let's look at Trump here. And I do think unfortunately, this, this kind of is the end of. I say unfortunately not because I care truly, but I say unfortunately because it seems to not be doing anything good for anyone. This, this is the end of the Trump administration. This is the beginning of the lame duck presidency. It's obvious to everyone, even his most ardent, ardent supporters show up to the White House like Laura Ingram, and she's kind of shocked going, what the hell is going on? Now we'll start, you know, three years of talking about the ballroom. He will trail off, he will get older, he's going to, he's adorned the White House in gold. Epstein's going to suck the oxygen out of a lot of this. We're going to talk about that a little later on, apparently. AI by the way, the only thing I'm sure of about AI I'm not an expert, is that AI as soon as we have robots running around this country, they'll all be pedophiles too. There's no one in power that will apparently just not be a pedophile. All these robots will be pedophiles. The 100% will deal with pedophile robots. Our first robot president will be a pedophile. I know that. I know that. It's the only thing I know. Our first AI robot president will absolutely be a pedophile. Here's Laura INGRAHAM Discussing the H1B with.
