1 00:00:00,760 --> 00:00:03,680 Speaker 1: Hey, guys, ready or not, twenty twenty four is here, 2 00:00:03,840 --> 00:00:06,320 Speaker 1: and we here at Breaking Points, are already thinking of 3 00:00:06,360 --> 00:00:08,600 Speaker 1: ways we can up our game for this critical election. 4 00:00:08,800 --> 00:00:11,719 Speaker 2: We rely on our premium subs to expand coverage, upgrade 5 00:00:11,720 --> 00:00:15,720 Speaker 2: the studio ad staff give you, guys, the best independent. 6 00:00:15,120 --> 00:00:16,239 Speaker 3: Coverage that is possible. 7 00:00:16,280 --> 00:00:18,279 Speaker 2: If you like what we're all about, it just means 8 00:00:18,320 --> 00:00:20,799 Speaker 2: the absolute world to have your support. But enough with that, 9 00:00:21,000 --> 00:00:23,200 Speaker 2: let's get to the show. 10 00:00:23,239 --> 00:00:25,440 Speaker 4: A month ago, I was in Las Vegas with fellow 11 00:00:25,480 --> 00:00:28,880 Speaker 4: Breaking Points contributor James Lee. We were there attending various 12 00:00:28,920 --> 00:00:31,720 Speaker 4: political events, met some very nice people. What is not 13 00:00:31,840 --> 00:00:35,000 Speaker 4: to love about Las Vegas, the nightlife, the residents. In 14 00:00:35,080 --> 00:00:37,519 Speaker 4: just two hours, I was able to turn forty dollars 15 00:00:37,520 --> 00:00:41,200 Speaker 4: into twenty five dollars and this permanent error message portending 16 00:00:41,320 --> 00:00:43,320 Speaker 4: good fortune. But one of the first things I noticed 17 00:00:43,320 --> 00:00:47,880 Speaker 4: flying in sports facilities football, baseball, golf. To me, golf 18 00:00:47,920 --> 00:00:50,240 Speaker 4: always seemed more like an immersive board game for rich people. 19 00:00:50,360 --> 00:00:53,720 Speaker 4: But Las Vegas actually has a good amount of sports teams. 20 00:00:53,920 --> 00:00:57,240 Speaker 4: The Golden Knights, the Aviators for minor league. In twenty twenty, 21 00:00:57,440 --> 00:01:00,880 Speaker 4: the Raiders moved into Allegiant Stadium and in twenty twenty eight, 22 00:01:01,000 --> 00:01:04,399 Speaker 4: just in time for the Harris DeSantis presidential debates, or 23 00:01:04,440 --> 00:01:10,960 Speaker 4: maybe Newsom Haley or maybe Tulsey Liz Cheney is a Democrat. 24 00:01:11,120 --> 00:01:13,040 Speaker 4: That's the one I'm gonna go with. I'll be reposting 25 00:01:13,080 --> 00:01:15,120 Speaker 4: anyone in the comments who can conceive of a more 26 00:01:15,200 --> 00:01:18,920 Speaker 4: cursed presidential showdown than that? Just in time for that 27 00:01:19,280 --> 00:01:22,160 Speaker 4: in twenty twenty eight, Vegas might just be adding the 28 00:01:22,280 --> 00:01:25,440 Speaker 4: Oakland Las Vegas Athletics. 29 00:01:24,920 --> 00:01:25,520 Speaker 5: To the roster. 30 00:01:25,800 --> 00:01:26,520 Speaker 6: But here's the thing. 31 00:01:26,680 --> 00:01:30,440 Speaker 4: The move is unpopular, expensive, and has resulted in the 32 00:01:30,480 --> 00:01:39,200 Speaker 4: athletics suing, of all people, Nevada State teachers. This is 33 00:01:39,200 --> 00:01:42,480 Speaker 4: where the A's currently play, the Oakland Coliseum. It holds 34 00:01:42,520 --> 00:01:44,840 Speaker 4: fifty seven thousand people and it's been the home of 35 00:01:44,880 --> 00:01:47,640 Speaker 4: the Athletics since nineteen sixty eight. Now, it was two 36 00:01:47,640 --> 00:01:50,440 Speaker 4: thousand and two when Brad Pitt and Jonahill moneyballed the Athletics, 37 00:01:50,480 --> 00:01:53,640 Speaker 4: and so they were coming off playing some great seasons. 38 00:01:53,760 --> 00:01:56,160 Speaker 4: This is what John Fisher inherited in two thousand and 39 00:01:56,240 --> 00:01:58,440 Speaker 4: five when he bought the team for one hundred and 40 00:01:58,480 --> 00:02:01,800 Speaker 4: eighty million dollars. But things have changed in the last 41 00:02:01,800 --> 00:02:05,720 Speaker 4: few years. The team's attendance never recovered after COVID. They 42 00:02:05,720 --> 00:02:08,960 Speaker 4: finished last season with the worst record in baseball, and 43 00:02:09,040 --> 00:02:12,000 Speaker 4: now John Fisher is trying to move the team out 44 00:02:12,000 --> 00:02:12,560 Speaker 4: of Oakland. 45 00:02:12,720 --> 00:02:16,000 Speaker 7: All I can do is say I give everything I 46 00:02:16,160 --> 00:02:18,520 Speaker 7: had to try and make things work. 47 00:02:18,680 --> 00:02:22,000 Speaker 4: Oakland actually offered them quite a nice deal, which included 48 00:02:22,080 --> 00:02:24,799 Speaker 4: four hundred and ninety five million dollars in property tax 49 00:02:24,880 --> 00:02:28,040 Speaker 4: kickbacks and two hundred and seventy nine point five million 50 00:02:28,080 --> 00:02:30,880 Speaker 4: dollars from the state. Oakland also made one hundred and 51 00:02:30,919 --> 00:02:34,679 Speaker 4: eighty million dollar requests for a federal megagrant from Joe 52 00:02:34,760 --> 00:02:39,440 Speaker 4: Biden's Infrastructure bill. But note the Mega program supports large, 53 00:02:39,560 --> 00:02:42,560 Speaker 4: complex projects that are difficult to fund by other means 54 00:02:42,639 --> 00:02:47,200 Speaker 4: and likely to generate national or regional economic, mobility, or 55 00:02:47,440 --> 00:02:50,000 Speaker 4: safety benefits, which to someone like John Fisher, who is 56 00:02:50,040 --> 00:02:53,200 Speaker 4: worth two point nine billion dollars and whose parents founded 57 00:02:53,240 --> 00:02:55,680 Speaker 4: the Gap. Of course, a new stadium for his baseball 58 00:02:55,680 --> 00:02:59,639 Speaker 4: team for him would qualify as critical infrastructure. But as 59 00:02:59,639 --> 00:03:03,320 Speaker 4: a turn out, the Department of Transportation disagrees and didn't 60 00:03:03,360 --> 00:03:05,560 Speaker 4: award the grant, And so what else could you do 61 00:03:05,600 --> 00:03:07,800 Speaker 4: but pick up and move to Las Vegas, So the 62 00:03:07,840 --> 00:03:10,960 Speaker 4: new ballpark would be where the current Tropicana Hotel and 63 00:03:11,040 --> 00:03:13,960 Speaker 4: Casinos stands. Tropicana's doors are going to close in April 64 00:03:13,960 --> 00:03:16,360 Speaker 4: of this year, and they had limited time left on 65 00:03:16,440 --> 00:03:19,720 Speaker 4: this earth to begin with, so the stadium only sped 66 00:03:19,840 --> 00:03:22,920 Speaker 4: up the process. And there are a bunch of reasons 67 00:03:22,960 --> 00:03:27,080 Speaker 4: why this particular site is probably a bad plan, not 68 00:03:27,200 --> 00:03:30,840 Speaker 4: least of which is this. The team currently resides in 69 00:03:30,880 --> 00:03:34,320 Speaker 4: the Bay Area, which has eight million people in it. Yes, 70 00:03:34,600 --> 00:03:36,400 Speaker 4: they have to share the Bay Area with the San 71 00:03:36,440 --> 00:03:40,400 Speaker 4: Francisco Giants, but still in Las Vegas. On the other hand, 72 00:03:40,800 --> 00:03:43,320 Speaker 4: they would be the only major League team and Las 73 00:03:43,400 --> 00:03:45,640 Speaker 4: Vegas would have no choice but to root for the A's, 74 00:03:46,000 --> 00:03:48,640 Speaker 4: Except there are only two million people in Las Vegas, 75 00:03:48,680 --> 00:03:52,600 Speaker 4: so they are moving to a much smaller market. And 76 00:03:52,640 --> 00:03:55,280 Speaker 4: then there is the size of the stadium itself. The 77 00:03:55,320 --> 00:03:58,720 Speaker 4: new ballpark will hold about thirty thousand people, the smallest 78 00:03:58,720 --> 00:04:01,040 Speaker 4: park in baseball, and they on eight thousand of those 79 00:04:01,080 --> 00:04:05,160 Speaker 4: people being tourists. That's eight percent of all the tourists 80 00:04:05,200 --> 00:04:08,800 Speaker 4: who come through Vegas in a day, all going to 81 00:04:08,840 --> 00:04:12,600 Speaker 4: a baseball game. And what's really crazy, actually they are 82 00:04:12,640 --> 00:04:15,920 Speaker 4: currently averaging about eight thousand people to a game in 83 00:04:16,200 --> 00:04:19,640 Speaker 4: total in Oakland. To make this plan work, they would 84 00:04:19,680 --> 00:04:24,040 Speaker 4: need to match their average attendance in tourists every game 85 00:04:24,320 --> 00:04:27,039 Speaker 4: in a market a quarter the size. Now, the reason 86 00:04:27,040 --> 00:04:29,560 Speaker 4: I'm talking about it is because the public is going 87 00:04:29,640 --> 00:04:32,800 Speaker 4: to have to help pay for it. How do you 88 00:04:32,800 --> 00:04:36,039 Speaker 4: feel about three hundred and eighty million dollars of taxpayer money. 89 00:04:35,880 --> 00:04:37,160 Speaker 1: Going to build a stadium? 90 00:04:37,279 --> 00:04:38,400 Speaker 5: Well, i'll tell you about that. 91 00:04:38,440 --> 00:04:40,320 Speaker 6: I hate it. I don't agree with any of them. 92 00:04:40,400 --> 00:04:42,240 Speaker 6: Overrated sports anyway, what. 93 00:04:42,600 --> 00:04:44,479 Speaker 4: A stadium, baseball stadium? 94 00:04:44,640 --> 00:04:45,640 Speaker 1: Oh yeah, that's good. 95 00:04:46,040 --> 00:04:48,280 Speaker 3: Don't support sports in general? 96 00:04:49,240 --> 00:04:51,800 Speaker 8: Okay, right, beneficial purpose In the long run, I think 97 00:04:51,800 --> 00:04:52,679 Speaker 8: it'll be good. 98 00:04:53,000 --> 00:04:53,719 Speaker 6: That's my opinion. 99 00:04:53,800 --> 00:04:56,520 Speaker 7: I don't agree what taxpayers getting the rip for what 100 00:04:56,880 --> 00:04:59,119 Speaker 7: rich guys are going to make. Probably shouldn't be spending 101 00:04:59,120 --> 00:04:59,919 Speaker 7: tax payer money on it. 102 00:05:00,040 --> 00:05:02,760 Speaker 4: And the public doesn't have to help pay for it, 103 00:05:02,800 --> 00:05:05,760 Speaker 4: because one, there is no evidence that stadiums bring the 104 00:05:05,800 --> 00:05:09,719 Speaker 4: kind of economic development that they always claim. And two, 105 00:05:10,320 --> 00:05:13,279 Speaker 4: he's a billionaire who could do it himself, and we 106 00:05:13,400 --> 00:05:16,760 Speaker 4: know this because he said so. Fisher said he and 107 00:05:16,800 --> 00:05:19,640 Speaker 4: his family have the equity to finance the more than 108 00:05:19,640 --> 00:05:22,359 Speaker 4: one point one billion dollars in private funds needed for 109 00:05:22,520 --> 00:05:27,000 Speaker 4: the stadium's construction. Now, let's remember something. A budget is 110 00:05:27,040 --> 00:05:28,440 Speaker 4: a list of priorities. 111 00:05:28,600 --> 00:05:31,760 Speaker 7: We have never prioritized education the way that other states do. 112 00:05:32,680 --> 00:05:35,880 Speaker 7: Our funding formula up until a few years ago was archaic. 113 00:05:36,600 --> 00:05:40,039 Speaker 7: It hadn't been updated since the nineteen fifties. We finally 114 00:05:40,040 --> 00:05:43,320 Speaker 7: did update it in the twenty nineteen twenty twenty one 115 00:05:43,400 --> 00:05:47,520 Speaker 7: legislative sessions. Unfortunately, updating the plan didn't come with any 116 00:05:47,560 --> 00:05:50,279 Speaker 7: new funding or revenue. Basically, you're just cutting a pie 117 00:05:50,480 --> 00:05:52,800 Speaker 7: in a different way than you would normally cut a pie. 118 00:05:52,960 --> 00:05:55,279 Speaker 4: Nevada is one of the worst states in the country 119 00:05:55,320 --> 00:05:57,960 Speaker 4: in terms of K through twelve education, and for Alexander 120 00:05:58,040 --> 00:06:00,200 Speaker 4: Marx this is a familiar. 121 00:06:00,839 --> 00:06:03,960 Speaker 7: In twenty sixteen, we got distracted with the Raiders Stadium, 122 00:06:03,960 --> 00:06:06,559 Speaker 7: which is now the Allegiance Stadium. That was a seven 123 00:06:06,640 --> 00:06:09,720 Speaker 7: one hundred and fifty million dollar giveaway for a stadium. 124 00:06:09,880 --> 00:06:11,840 Speaker 4: Now fast forward a couple of years. There was a 125 00:06:11,880 --> 00:06:16,160 Speaker 4: bill that proposed smaller class sizes, no hearing, universal lunches 126 00:06:16,200 --> 00:06:19,279 Speaker 4: got vetoed, a summer school bill got vetoed, a school 127 00:06:19,320 --> 00:06:22,000 Speaker 4: safety bill got vetoted, But when it came to building 128 00:06:22,040 --> 00:06:25,520 Speaker 4: a stadium, a special session was convened to vote on 129 00:06:25,760 --> 00:06:29,200 Speaker 4: SB one, which committed three hundred and eighty million dollars 130 00:06:29,279 --> 00:06:30,960 Speaker 4: to the new A stadium. 131 00:06:31,040 --> 00:06:33,760 Speaker 7: We've got the Alegiance Stadium up the street. When that 132 00:06:33,960 --> 00:06:37,760 Speaker 7: stadium was being proposed, they said public education would receive 133 00:06:37,800 --> 00:06:41,200 Speaker 7: about thirteen million dollars in revenue from that, while we're 134 00:06:41,200 --> 00:06:44,840 Speaker 7: two billion dollars behind each year. Cannabis brings in one 135 00:06:44,920 --> 00:06:48,880 Speaker 7: hundred and twenty million dollars annually, so POTT gives more 136 00:06:48,920 --> 00:06:50,960 Speaker 7: money to public schools than the Raiders. 137 00:06:51,040 --> 00:06:53,280 Speaker 4: But one fortunate thing came from this, and that was 138 00:06:53,360 --> 00:06:57,440 Speaker 4: an unlikely alliance between Nevada educators and fans in Oakland 139 00:06:57,440 --> 00:06:59,680 Speaker 4: who don't want to see their team leave. 140 00:07:00,160 --> 00:07:03,599 Speaker 7: So during the regular and special session, the phone lines 141 00:07:03,640 --> 00:07:07,200 Speaker 7: were flooded with a lot of California folks calling in. 142 00:07:07,480 --> 00:07:09,600 Speaker 7: They started reaching out to me and colleagues and other 143 00:07:09,720 --> 00:07:12,600 Speaker 7: educators in Nevada, going, how can we help? How can 144 00:07:12,600 --> 00:07:15,239 Speaker 7: we do whatever you guys are doing. So we formed 145 00:07:15,240 --> 00:07:18,520 Speaker 7: this like really unique partnership of Oakland sports fans and 146 00:07:18,560 --> 00:07:21,640 Speaker 7: Nevada educators to try to kill this stadium deal. 147 00:07:21,840 --> 00:07:25,520 Speaker 4: Unfortunately, the bill passed, and that money is available for 148 00:07:25,600 --> 00:07:28,080 Speaker 4: the stadium. But that's not quite the end, they are 149 00:07:28,080 --> 00:07:30,560 Speaker 4: looking at two different paths for fighting this that would 150 00:07:30,600 --> 00:07:33,360 Speaker 4: both hopefully default the team back to Oakland and say 151 00:07:33,520 --> 00:07:35,480 Speaker 4: four hundred million dollars or close to it for the 152 00:07:35,480 --> 00:07:39,360 Speaker 4: people of Nevada. One is a constitutional challenge to the 153 00:07:39,440 --> 00:07:41,640 Speaker 4: vote on the ACE stadium, the idea being that the 154 00:07:41,760 --> 00:07:45,239 Speaker 4: bill that made the stadium money available violates the Nevada 155 00:07:45,280 --> 00:07:49,240 Speaker 4: state Constitution in various different ways. The other is to 156 00:07:49,400 --> 00:07:53,040 Speaker 4: actually ask the people of Nevada what they want. So 157 00:07:53,160 --> 00:07:55,800 Speaker 4: Nevada Educators filed for a referendum to be put on 158 00:07:55,920 --> 00:07:56,440 Speaker 4: the ballot. 159 00:07:56,600 --> 00:07:59,200 Speaker 7: The goal was to put a statewide voter initiative to 160 00:07:59,240 --> 00:08:01,800 Speaker 7: the people, so we did that through a ballot referendum. 161 00:08:01,800 --> 00:08:04,520 Speaker 7: We filed last ball It's very expected that somebody would 162 00:08:04,520 --> 00:08:07,400 Speaker 7: file a referendum challenge. It usually happens to everybody, so 163 00:08:07,440 --> 00:08:10,280 Speaker 7: it's expected that we got sued. We honestly weren't expecting 164 00:08:10,280 --> 00:08:11,239 Speaker 7: the a's to sue. 165 00:08:11,400 --> 00:08:15,520 Speaker 4: Yes, the a's are suing to keep the referendum off 166 00:08:15,560 --> 00:08:18,080 Speaker 4: the ballot so that people don't have the option to 167 00:08:18,160 --> 00:08:20,920 Speaker 4: choose whether or not they want to pay for the stadium. Because, 168 00:08:21,160 --> 00:08:23,720 Speaker 4: as we've seen elsewhere, when you put tens of millions 169 00:08:23,760 --> 00:08:25,920 Speaker 4: of dollars on the ballot and ask people if they 170 00:08:25,960 --> 00:08:29,200 Speaker 4: want to build a stadium with it. Sometimes they say no. 171 00:08:31,480 --> 00:08:33,840 Speaker 4: This move is probably a bad deal. People of Oakland 172 00:08:33,880 --> 00:08:36,080 Speaker 4: don't want it. Educators in Las Vegas don't want it. 173 00:08:36,160 --> 00:08:38,880 Speaker 4: They want money for education. The mayor of Las Vegas 174 00:08:38,920 --> 00:08:41,640 Speaker 4: said the a's should stay in Oakland. The only person 175 00:08:41,720 --> 00:08:44,400 Speaker 4: who really seems to want it is the billionaire in 176 00:08:44,480 --> 00:08:48,560 Speaker 4: the equation. And for the Nevada legislators who approve this stuff. 177 00:08:49,160 --> 00:08:52,360 Speaker 4: You have a professional hockey team, a professional football team, 178 00:08:52,520 --> 00:08:55,200 Speaker 4: maybe soon a professional baseball team. You have f one 179 00:08:55,320 --> 00:08:58,400 Speaker 4: racers on Last Vegas city streets. You've made hundreds of 180 00:08:58,440 --> 00:09:01,800 Speaker 4: millions of dollars available for these sports venues, but ranked 181 00:09:01,800 --> 00:09:04,120 Speaker 4: toward the bottom in education. I mean, if the most 182 00:09:04,120 --> 00:09:06,120 Speaker 4: complicated thing people in your state know how to read 183 00:09:06,520 --> 00:09:11,320 Speaker 4: is the scoreboard, that's negative. But you know, my dad's 184 00:09:11,360 --> 00:09:13,480 Speaker 4: a Mets fan. He taught me to hate sports, so 185 00:09:13,920 --> 00:09:16,360 Speaker 4: I'm a little biased and that is probably where I 186 00:09:16,360 --> 00:09:18,520 Speaker 4: should leave it. My name is Spencer Snyder. If you 187 00:09:18,600 --> 00:09:21,319 Speaker 4: found this video interesting, make sure you are subscribed to 188 00:09:21,720 --> 00:09:24,320 Speaker 4: Breaking Points. You also can check out my YouTube channel 189 00:09:24,320 --> 00:09:26,400 Speaker 4: where I talk all about media and politics and things 190 00:09:26,640 --> 00:09:30,640 Speaker 4: link in the description liking and sharing always help. Thank 191 00:09:30,679 --> 00:09:32,320 Speaker 4: you to Breaking Points, Thank you so much for watching, 192 00:09:32,360 --> 00:09:34,160 Speaker 4: and I will see you in the next one. 193 00:09:37,920 --> 00:09:40,560 Speaker 3: This is not normal market forces at play. 194 00:09:40,600 --> 00:09:42,960 Speaker 6: Something else is happening here, and it's Wall Street. 195 00:09:43,200 --> 00:09:46,400 Speaker 5: This is one of the neighborhoods that investors have really targeted. 196 00:09:46,559 --> 00:09:48,320 Speaker 5: They're coming in, they're buying it at cash, and then 197 00:09:48,320 --> 00:09:49,520 Speaker 5: they're going to hold them as rentals. 198 00:09:49,640 --> 00:09:52,640 Speaker 9: In January, thirty three percent of all homes purchased in 199 00:09:52,640 --> 00:09:56,000 Speaker 9: the US were bought by investors, often Wall Street backed 200 00:09:56,040 --> 00:09:59,120 Speaker 9: companies with multi billion dollar funds, and rent them out, 201 00:09:59,200 --> 00:10:02,040 Speaker 9: in some cases to the very families who dreamed of 202 00:10:02,120 --> 00:10:02,600 Speaker 9: owning them. 203 00:10:02,600 --> 00:10:06,559 Speaker 1: Because the American dream officially dead, my name is James Lee, 204 00:10:06,600 --> 00:10:19,240 Speaker 1: and your watch beyond the headlines on Breaking Points. In 205 00:10:19,280 --> 00:10:22,240 Speaker 1: the aftermath of World War Two, the United States witnessed 206 00:10:22,280 --> 00:10:26,320 Speaker 1: an unprecedented era of prosperity and growth. The GI Bill 207 00:10:26,360 --> 00:10:29,720 Speaker 1: and other government incentives made home ownership not just a possibility, 208 00:10:30,000 --> 00:10:33,720 Speaker 1: but a cornerstone of the American dream. A home wasn't 209 00:10:33,760 --> 00:10:37,599 Speaker 1: just a physical space, it was a symbol of success, stability, 210 00:10:37,679 --> 00:10:40,840 Speaker 1: and a better future. But as the decades passed, this 211 00:10:40,960 --> 00:10:43,640 Speaker 1: dream began to drift out of reach for many, and 212 00:10:43,720 --> 00:10:48,680 Speaker 1: today the landscape of home ownership is storically different. Skyrocking prices, 213 00:10:48,880 --> 00:10:53,320 Speaker 1: increased competition from institutional investors, coupled with stagnant wages, and 214 00:10:53,360 --> 00:10:57,120 Speaker 1: increasing debt have transformed the housing market into a challenging 215 00:10:57,120 --> 00:11:00,520 Speaker 1: battlefield for the average middle class family aspired to buy 216 00:11:00,559 --> 00:11:01,520 Speaker 1: their first home. 217 00:11:02,040 --> 00:11:04,559 Speaker 3: This is why first time home buyers are so frustrated 218 00:11:04,559 --> 00:11:06,839 Speaker 3: in today's market, because what has happened in the past 219 00:11:06,880 --> 00:11:10,120 Speaker 3: five years is devastating. In twenty nineteen, the median household 220 00:11:10,120 --> 00:11:12,200 Speaker 3: income in this country was sixty eight thousand dollars. The 221 00:11:12,240 --> 00:11:14,600 Speaker 3: median home price was only two hundred and sixty. You 222 00:11:14,640 --> 00:11:18,480 Speaker 3: could put down just eight thousand dollars to get this house, 223 00:11:18,520 --> 00:11:20,920 Speaker 3: and the payment out the door was only sixteen hundred 224 00:11:20,960 --> 00:11:24,080 Speaker 3: a month including property taxes, homew insurance in PMI. In fact, 225 00:11:24,160 --> 00:11:27,000 Speaker 3: you could actually make fifty thousand dollars if you had 226 00:11:27,080 --> 00:11:29,319 Speaker 3: zero debt and qualify for this home with just eight 227 00:11:29,360 --> 00:11:31,760 Speaker 3: grand down. What a great time. This is why millennials 228 00:11:31,760 --> 00:11:34,199 Speaker 3: weren't whining and complaining in twenty nineteen. But why is 229 00:11:34,200 --> 00:11:36,440 Speaker 3: it difficult in twenty twenty four. Well, because the income 230 00:11:36,480 --> 00:11:39,280 Speaker 3: has gone up to eighty thousand for the median household income, 231 00:11:39,280 --> 00:11:41,199 Speaker 3: but now the median home price in this country is 232 00:11:41,240 --> 00:11:44,360 Speaker 3: four hundred thousand. You now need to put down eighty 233 00:11:44,720 --> 00:11:47,640 Speaker 3: thousand dollars to have a shot at qualifying for this 234 00:11:47,800 --> 00:11:48,840 Speaker 3: and have zero debt. 235 00:11:49,040 --> 00:11:51,760 Speaker 1: Joining us today to break down the future of home 236 00:11:51,800 --> 00:11:54,679 Speaker 1: ownership and the American Dream is Freddie Smith. He is 237 00:11:54,720 --> 00:11:57,120 Speaker 1: a realtor in the Greater Orlando area and also a 238 00:11:57,160 --> 00:11:59,080 Speaker 1: prominent creator on TikTok and YouTube. 239 00:11:59,120 --> 00:12:00,439 Speaker 6: Freddie, Welcome to the show. 240 00:12:00,840 --> 00:12:01,760 Speaker 3: Thanks for having me. 241 00:12:02,320 --> 00:12:02,400 Speaker 8: So. 242 00:12:02,640 --> 00:12:04,320 Speaker 6: First question kind of a broad one. 243 00:12:05,120 --> 00:12:08,120 Speaker 1: Is the American Dream dead at least in terms of 244 00:12:08,160 --> 00:12:08,959 Speaker 1: home ownership? 245 00:12:09,120 --> 00:12:11,320 Speaker 6: And if so, how did it die? 246 00:12:11,400 --> 00:12:15,200 Speaker 1: And why does it feel so psychologically damaging? 247 00:12:16,320 --> 00:12:18,040 Speaker 3: Well, I think the biggest question of why we have 248 00:12:18,120 --> 00:12:21,120 Speaker 3: this debate is people's definition of what is the middle 249 00:12:21,160 --> 00:12:23,360 Speaker 3: class and what is the American Dream is kind of 250 00:12:23,400 --> 00:12:26,040 Speaker 3: different for many people, But I would see what I'm 251 00:12:26,040 --> 00:12:29,040 Speaker 3: seeing from my comment section is that, in my opinion, 252 00:12:29,040 --> 00:12:32,240 Speaker 3: the American dream the middle class is a working family 253 00:12:32,679 --> 00:12:35,920 Speaker 3: working forty hours a week and being able to comfortably 254 00:12:35,920 --> 00:12:40,000 Speaker 3: afford the average home in America. And that was true 255 00:12:40,480 --> 00:12:43,600 Speaker 3: from nineteen seventy to twenty twenty for fifty years. No 256 00:12:43,640 --> 00:12:46,160 Speaker 3: matter when you can pick nineteen seventy nine, you can 257 00:12:46,160 --> 00:12:48,200 Speaker 3: pick eighty eight, you can pick ninety seven, no matter 258 00:12:48,240 --> 00:12:50,920 Speaker 3: when you pick a date, the media and household income 259 00:12:51,080 --> 00:12:53,920 Speaker 3: could qualify for the average home. So that was the 260 00:12:53,920 --> 00:12:56,920 Speaker 3: heartbeat of the American dream of getting that house, building 261 00:12:56,920 --> 00:13:00,720 Speaker 3: a family, white picket fence, entire swing. As of twenty one, 262 00:13:00,760 --> 00:13:03,520 Speaker 3: going into twenty twenty two, the price is shot up 263 00:13:03,559 --> 00:13:07,320 Speaker 3: thirty to forty percent on houses and the interest rates 264 00:13:07,360 --> 00:13:10,360 Speaker 3: now went up to seven percent. So this has now 265 00:13:10,480 --> 00:13:14,079 Speaker 3: closed the door and moved the goalpost where in most 266 00:13:14,200 --> 00:13:16,800 Speaker 3: cases you need over one hundred thousand dollars of income 267 00:13:16,840 --> 00:13:19,080 Speaker 3: with very little debt to have a shot at the 268 00:13:19,120 --> 00:13:22,400 Speaker 3: average house. So this is shocking to a lot of 269 00:13:22,400 --> 00:13:25,400 Speaker 3: first time home buyers because this didn't happen over ten years, 270 00:13:25,440 --> 00:13:29,120 Speaker 3: fifteen years we saw it coming. This happened drastically in 271 00:13:29,280 --> 00:13:31,400 Speaker 3: just the past two to three years. So everyone's kind 272 00:13:31,440 --> 00:13:34,160 Speaker 3: of just catching their balance, going I just want to 273 00:13:34,160 --> 00:13:36,880 Speaker 3: buy a house. I've been working for fifteen years. What happened? 274 00:13:37,120 --> 00:13:39,400 Speaker 3: So to answer your question, is the American dream dead? 275 00:13:40,160 --> 00:13:42,520 Speaker 3: I wouldn't say it's dead, but it's definitely on life 276 00:13:42,520 --> 00:13:44,280 Speaker 3: support if we don't make a change. 277 00:13:44,679 --> 00:13:48,480 Speaker 1: So then I know the interest rates have gone up significantly. 278 00:13:48,520 --> 00:13:51,520 Speaker 1: But other than that, why has there been this shock 279 00:13:51,640 --> 00:13:54,920 Speaker 1: in terms of the housing prices, Because this historically has 280 00:13:54,960 --> 00:13:57,920 Speaker 1: been you know, housing always goes up historically, but not 281 00:13:58,080 --> 00:14:00,720 Speaker 1: to this type of degree this acutely. 282 00:14:01,320 --> 00:14:04,160 Speaker 3: The interest rates played a huge part because in twenty twenty, 283 00:14:04,160 --> 00:14:07,240 Speaker 3: when the pandemic hit, they decided, hey, let's, you know, 284 00:14:07,360 --> 00:14:10,800 Speaker 3: lessen this burden and let's lower interest rates so individuals 285 00:14:10,840 --> 00:14:13,760 Speaker 3: can refinance, lower their housing payment. That's going to be 286 00:14:13,800 --> 00:14:16,360 Speaker 3: really good for us. So they lowered the interest rates 287 00:14:16,360 --> 00:14:20,000 Speaker 3: to two and a half percent, which created a massive demand. 288 00:14:20,560 --> 00:14:24,280 Speaker 3: So there were so many people, individuals and investors all 289 00:14:24,280 --> 00:14:28,080 Speaker 3: buying properties in twenty twenty one. That much demand rose 290 00:14:28,160 --> 00:14:31,520 Speaker 3: the price by thirty forty percent of most homes. So 291 00:14:31,560 --> 00:14:34,320 Speaker 3: we went from only having a fifteen hundred dollars payment 292 00:14:34,520 --> 00:14:38,120 Speaker 3: in twenty nineteen to now thirty five hundred dollars for 293 00:14:38,200 --> 00:14:41,000 Speaker 3: the average house, So it jumped about two thousand dollars. 294 00:14:41,280 --> 00:14:43,680 Speaker 3: And that's putting so much pressure on individuals because if 295 00:14:43,720 --> 00:14:47,320 Speaker 3: you're spending three thousand on mortgage or even two thousand 296 00:14:47,400 --> 00:14:50,120 Speaker 3: on rent, that's eating into a lot of your income 297 00:14:50,280 --> 00:14:54,360 Speaker 3: that people need for groceries, for daycare, to try to 298 00:14:54,400 --> 00:14:57,040 Speaker 3: pay off their student debt. So that's what's putting pressure 299 00:14:57,040 --> 00:15:00,400 Speaker 3: on Americans is the three layered cake, housing, day care, 300 00:15:00,520 --> 00:15:01,320 Speaker 3: in college debt. 301 00:15:01,640 --> 00:15:03,360 Speaker 6: So I know you touched on some of the numbers there. 302 00:15:03,400 --> 00:15:05,560 Speaker 1: Can you help us break down a little bit of 303 00:15:05,640 --> 00:15:08,480 Speaker 1: how much money do you actually need to make to 304 00:15:08,600 --> 00:15:12,320 Speaker 1: buy the average house, also considering some factors like debt, 305 00:15:12,560 --> 00:15:16,040 Speaker 1: other expenses that people might have, say let's say in 306 00:15:16,320 --> 00:15:19,680 Speaker 1: twenty nineteen, five years ago versus now in twenty twenty four, 307 00:15:19,800 --> 00:15:20,720 Speaker 1: just in this time span. 308 00:15:21,240 --> 00:15:23,640 Speaker 3: Sure, And I think this is really important for people 309 00:15:23,680 --> 00:15:26,440 Speaker 3: to know. When it comes to qualifying for a loan, 310 00:15:26,480 --> 00:15:29,040 Speaker 3: there's a difference on what you can qualify for and 311 00:15:29,080 --> 00:15:30,960 Speaker 3: what you can afford. I want to say that one 312 00:15:31,000 --> 00:15:33,120 Speaker 3: more time. What you can qualify for and what you 313 00:15:33,640 --> 00:15:35,840 Speaker 3: can afford is sometimes two different things. 314 00:15:35,840 --> 00:15:37,360 Speaker 6: And I always talk about how you don't want to be. 315 00:15:37,360 --> 00:15:40,400 Speaker 3: House por but let's talk about the qualifying aspect first. 316 00:15:40,600 --> 00:15:43,280 Speaker 3: So typically, if you're a W two employee, a lender 317 00:15:43,360 --> 00:15:46,120 Speaker 3: is going to use about forty percent of your debt 318 00:15:46,160 --> 00:15:48,680 Speaker 3: to income ratio. So that means they're going to use 319 00:15:48,680 --> 00:15:51,120 Speaker 3: forty percent of your gross income minus your debt payments, 320 00:15:51,200 --> 00:15:54,280 Speaker 3: your student loans, your car payments, and your credit card payments. 321 00:15:54,320 --> 00:15:57,480 Speaker 3: Those monthlies work against you and come off your monthly allowance. 322 00:15:58,040 --> 00:16:00,880 Speaker 3: So back in twenty nineteen, if you had very little debt, 323 00:16:01,000 --> 00:16:03,080 Speaker 3: the average house was two hundred and sixty thousand. At 324 00:16:03,080 --> 00:16:06,480 Speaker 3: three percent, you could make about sixty thousand dollars as 325 00:16:06,480 --> 00:16:08,760 Speaker 3: a family and have a shot at qualifying for the 326 00:16:08,800 --> 00:16:09,440 Speaker 3: average house. 327 00:16:10,400 --> 00:16:11,200 Speaker 6: That's amazing. 328 00:16:11,680 --> 00:16:14,360 Speaker 3: Two people working together for sixty k in America in 329 00:16:14,360 --> 00:16:18,000 Speaker 3: twenty nineteen is very doable. Fast forward to late twenty 330 00:16:18,040 --> 00:16:19,720 Speaker 3: twenty two to twenty twenty three and now here in 331 00:16:19,760 --> 00:16:23,200 Speaker 3: twenty twenty four, you do need about one hundred thousand 332 00:16:23,280 --> 00:16:25,520 Speaker 3: dollars if you want to have a shot at getting 333 00:16:25,520 --> 00:16:27,560 Speaker 3: into that four hundred k house. The only thing you 334 00:16:27,560 --> 00:16:29,560 Speaker 3: could do to help yourself is if you put a 335 00:16:29,640 --> 00:16:33,360 Speaker 3: large down payment. If you are making eighty thousand, but 336 00:16:33,480 --> 00:16:36,120 Speaker 3: you do have one hundred thousand dollars to put down, 337 00:16:36,200 --> 00:16:38,320 Speaker 3: and you get a three hundred thousand dollars loan, you're 338 00:16:38,360 --> 00:16:41,600 Speaker 3: going to have a shot at qualifying. But in today's world, 339 00:16:41,600 --> 00:16:44,320 Speaker 3: the twenty five to forty year olds, it's very unlikely 340 00:16:44,360 --> 00:16:48,000 Speaker 3: that they're debt free or have one hundred and twenty 341 00:16:48,120 --> 00:16:50,760 Speaker 3: thousand dollars laying around to invest in a house. So 342 00:16:51,120 --> 00:16:53,360 Speaker 3: that's really what's been the biggest change in the past 343 00:16:53,360 --> 00:16:54,080 Speaker 3: five years. 344 00:16:54,320 --> 00:16:57,520 Speaker 1: I want to jump to the bill to rent communities, 345 00:16:57,600 --> 00:17:01,200 Speaker 1: specifically this single family home community popping up all over 346 00:17:01,240 --> 00:17:01,720 Speaker 1: the country. 347 00:17:01,800 --> 00:17:02,160 Speaker 6: Florida. 348 00:17:02,240 --> 00:17:04,200 Speaker 1: I know is a big market for this. There's huge 349 00:17:04,240 --> 00:17:07,679 Speaker 1: development in this type of housing. But I'm wondering if 350 00:17:07,720 --> 00:17:11,240 Speaker 1: you can explain to the viewers here the economics behind that. 351 00:17:11,320 --> 00:17:14,840 Speaker 1: It's still the same single family house, So why are 352 00:17:15,200 --> 00:17:17,919 Speaker 1: people able to ford to rent and live there but 353 00:17:18,000 --> 00:17:19,520 Speaker 1: not able to buy these homes? 354 00:17:19,920 --> 00:17:23,760 Speaker 3: Well, the rent price is actually way cheaper. So even 355 00:17:23,800 --> 00:17:25,560 Speaker 3: if you look at some of these new build communities, 356 00:17:25,600 --> 00:17:28,160 Speaker 3: the houses are four hundred and fifty thousand, so your 357 00:17:28,240 --> 00:17:30,439 Speaker 3: payment if you were going to own it is going 358 00:17:30,520 --> 00:17:33,560 Speaker 3: to be about four thousand out the door with property taxes, 359 00:17:33,600 --> 00:17:36,800 Speaker 3: homewns and insurance, HOA and everything. But they're being rented 360 00:17:36,880 --> 00:17:40,639 Speaker 3: for twenty eight hundred, so it's actually cheaper to rent 361 00:17:40,680 --> 00:17:43,600 Speaker 3: right now. But you're still spending twenty eight hundred dollars 362 00:17:43,680 --> 00:17:46,560 Speaker 3: on rent, which just years ago you could have a 363 00:17:46,600 --> 00:17:49,200 Speaker 3: mortgage for fifteen hundred, So that's kind of the position 364 00:17:49,200 --> 00:17:52,199 Speaker 3: we're in. But if these investors are buying them in cash, 365 00:17:52,680 --> 00:17:55,440 Speaker 3: they're able to cash flow at these prices individually. Like 366 00:17:55,480 --> 00:17:58,000 Speaker 3: if you were to invest as just as an everyday person, 367 00:17:58,720 --> 00:18:01,119 Speaker 3: it would be four thousand dollars, so you would have 368 00:18:01,119 --> 00:18:02,720 Speaker 3: to rent it for four thousand for it even to 369 00:18:02,720 --> 00:18:05,960 Speaker 3: make sense. But if you're paying cash, you can actually 370 00:18:06,000 --> 00:18:08,960 Speaker 3: make a cash flow by offering a little bit lower 371 00:18:09,000 --> 00:18:11,280 Speaker 3: rent there. So that's what people are doing because if 372 00:18:11,280 --> 00:18:13,560 Speaker 3: they know the average American can no longer buy a home, 373 00:18:13,640 --> 00:18:16,439 Speaker 3: what are they going to be stuck doing renting? So 374 00:18:16,520 --> 00:18:18,320 Speaker 3: all the institutional investors go, oh, we're going to have 375 00:18:18,320 --> 00:18:20,960 Speaker 3: a nation of renters. Let's get into the housing market 376 00:18:21,200 --> 00:18:23,199 Speaker 3: and buy up a bunch of communities because we know 377 00:18:23,280 --> 00:18:26,240 Speaker 3: we're going to have customers. So that's a problem that 378 00:18:26,320 --> 00:18:28,560 Speaker 3: if you want to talk on a policy level, or 379 00:18:28,600 --> 00:18:31,240 Speaker 3: if Americans can get behind, I don't think the individual 380 00:18:31,240 --> 00:18:33,480 Speaker 3: investor who wants to buy twenty homes in their life 381 00:18:33,640 --> 00:18:36,160 Speaker 3: should be criticized. I think that's part of the American dream. 382 00:18:36,440 --> 00:18:39,879 Speaker 3: But when you have institutions spending three billion dollars buying 383 00:18:39,880 --> 00:18:42,600 Speaker 3: out companies and taking over tens of thousands of rentals, 384 00:18:43,680 --> 00:18:46,480 Speaker 3: and you're drying up the supply. Continuing to raise the 385 00:18:46,520 --> 00:18:49,639 Speaker 3: price on everyday Americans is unfair and it needs to 386 00:18:49,680 --> 00:18:51,920 Speaker 3: be looked at quickly. 387 00:18:52,320 --> 00:18:54,680 Speaker 1: Yeah, yeah, let's talk about that for a second. Maybe 388 00:18:54,680 --> 00:18:58,120 Speaker 1: this is veering into conspiracy, maybe it's not. But some 389 00:18:58,240 --> 00:19:00,600 Speaker 1: say that home ownership as a as a pillar of 390 00:19:00,600 --> 00:19:04,440 Speaker 1: the American dream itself was a syop so banks could 391 00:19:04,440 --> 00:19:09,400 Speaker 1: make money writing mortgages, selling mortgage backed securities, financializing housing basically, 392 00:19:09,440 --> 00:19:12,359 Speaker 1: and now today maybe banks are at the point they 393 00:19:12,400 --> 00:19:15,399 Speaker 1: figured out, oh, perhaps it's just more lucrative to buy 394 00:19:15,440 --> 00:19:18,440 Speaker 1: and own these buildings and we'll rent them out. So lately, 395 00:19:18,480 --> 00:19:19,960 Speaker 1: in the past few years, I've seen more of this 396 00:19:20,040 --> 00:19:22,640 Speaker 1: narrative that you just talked about. Renting is actually better 397 00:19:22,640 --> 00:19:25,200 Speaker 1: in many ways a nation of renters. You have more flexibility, 398 00:19:25,240 --> 00:19:28,080 Speaker 1: they say, less to do, save on some of the 399 00:19:28,119 --> 00:19:32,040 Speaker 1: other costs of home ownership that maybe people don't talk about. 400 00:19:32,560 --> 00:19:33,520 Speaker 6: What are your thoughts about this? 401 00:19:34,960 --> 00:19:37,879 Speaker 3: If if we had rent control, I would be a 402 00:19:37,920 --> 00:19:41,439 Speaker 3: lot less concerned, because if you could rent, if the 403 00:19:41,480 --> 00:19:43,920 Speaker 3: average apartment or the average home in America was a 404 00:19:43,960 --> 00:19:46,520 Speaker 3: thousand bucks and you could no longer buy a home. 405 00:19:46,600 --> 00:19:48,600 Speaker 3: It was going to take you ten years longer to 406 00:19:48,640 --> 00:19:51,000 Speaker 3: buy a home, but you could rent for one thousand dollars. 407 00:19:51,320 --> 00:19:54,119 Speaker 3: It's kind of like, Okay, it's frustrating, but that's not bad. 408 00:19:54,560 --> 00:19:57,480 Speaker 3: When you are blocking people from buying a home but 409 00:19:57,720 --> 00:20:00,919 Speaker 3: also taking forty percent of their in come for rent, 410 00:20:01,640 --> 00:20:04,960 Speaker 3: that's a double edged sword. That's when it becomes a problem. 411 00:20:05,600 --> 00:20:08,600 Speaker 3: But it is cheaper in some instances to rent. But 412 00:20:08,680 --> 00:20:11,480 Speaker 3: if you look back even historically, anyone who bought a home, 413 00:20:11,480 --> 00:20:13,000 Speaker 3: even if you bought a home in two thousand and 414 00:20:13,040 --> 00:20:16,000 Speaker 3: six before the crash of eight, if you never sold 415 00:20:16,080 --> 00:20:19,879 Speaker 3: your home, you'd be positive right now. So over the 416 00:20:19,920 --> 00:20:22,560 Speaker 3: past one hundred years, when you bought a house, your 417 00:20:22,560 --> 00:20:25,040 Speaker 3: house is going to be worth more. And some people 418 00:20:25,080 --> 00:20:27,359 Speaker 3: will debate that, and I understand from both ends, like 419 00:20:27,400 --> 00:20:29,040 Speaker 3: why would you pay off your house and tie up 420 00:20:29,080 --> 00:20:31,240 Speaker 3: five hundred thousand when you should put that money to work. 421 00:20:31,600 --> 00:20:34,920 Speaker 3: But it's also really nice if your property taxes and 422 00:20:34,960 --> 00:20:37,640 Speaker 3: homeown insurance is only six hundred a month and that's 423 00:20:37,680 --> 00:20:40,200 Speaker 3: your housing bill, like that's amazing. It frees up your 424 00:20:40,280 --> 00:20:42,800 Speaker 3: income to be able to do other things. So it 425 00:20:42,840 --> 00:20:44,840 Speaker 3: just depends on what path you want to take in life. 426 00:20:44,880 --> 00:20:47,840 Speaker 3: But I do advise people, even as a real estate agent, 427 00:20:48,440 --> 00:20:50,000 Speaker 3: I say, some of you should be renting. 428 00:20:50,680 --> 00:20:51,359 Speaker 6: You really should. 429 00:20:51,400 --> 00:20:53,760 Speaker 3: Some people should be renting to save money, but make 430 00:20:53,800 --> 00:20:57,400 Speaker 3: it count and try to put a plan together. Because 431 00:20:57,760 --> 00:20:59,479 Speaker 3: I don't think you're going to want to rent forever. 432 00:20:59,560 --> 00:21:00,800 Speaker 3: But if you have to rent the next two to 433 00:21:00,880 --> 00:21:02,879 Speaker 3: five years, that's okay, But try to make the most 434 00:21:02,960 --> 00:21:05,720 Speaker 3: of that, just so you can set yourself up for 435 00:21:05,760 --> 00:21:06,159 Speaker 3: the future. 436 00:21:07,240 --> 00:21:10,400 Speaker 1: So if we do turn into this kind of nation 437 00:21:10,520 --> 00:21:13,960 Speaker 1: of renters, is it a possibility that we could see 438 00:21:14,040 --> 00:21:16,400 Speaker 1: kind of an erosion' That's what goes into my head, 439 00:21:16,440 --> 00:21:19,280 Speaker 1: is an erosion the neighborhood, because we we know numerous 440 00:21:19,280 --> 00:21:21,520 Speaker 1: studies have shown that home ownership has some really positive 441 00:21:21,520 --> 00:21:25,200 Speaker 1: effects on the community itself. Right, if we own something, 442 00:21:25,240 --> 00:21:27,240 Speaker 1: we're more likely to take good care of it. So 443 00:21:27,880 --> 00:21:29,719 Speaker 1: as a whole, what do you think the impact of 444 00:21:29,760 --> 00:21:32,280 Speaker 1: that is on society? 445 00:21:32,720 --> 00:21:35,640 Speaker 3: I think it's twofold. I mean one, with these institutional investors, 446 00:21:35,640 --> 00:21:39,720 Speaker 3: they're buying up entire communities, so the entire community is renters. 447 00:21:40,640 --> 00:21:42,199 Speaker 3: So that way when it comes to the quality. But 448 00:21:42,240 --> 00:21:44,800 Speaker 3: even in my neighborhood. There's probably only ten percent of 449 00:21:44,800 --> 00:21:47,280 Speaker 3: people who are renting here, and it's a beautiful neighborhood 450 00:21:47,400 --> 00:21:49,520 Speaker 3: and people take care of it. But I think the 451 00:21:49,560 --> 00:21:52,200 Speaker 3: main concern for the renters' economy is that where are we? 452 00:21:52,359 --> 00:21:54,200 Speaker 3: And I don't want to sound like dystopian or anything, 453 00:21:54,280 --> 00:21:56,879 Speaker 3: but I lived in Los Angeles for fifteen years and 454 00:21:56,920 --> 00:21:59,399 Speaker 3: I saw the one bedroom apartment go from one thousand 455 00:21:59,480 --> 00:22:01,879 Speaker 3: to thirty seven hundred over a fifteen year period. So 456 00:22:01,880 --> 00:22:04,600 Speaker 3: I'm like, if is this a foreshadow? Even in Canada 457 00:22:04,640 --> 00:22:07,800 Speaker 3: the same thing's happening. Is this a foreshadow to all 458 00:22:07,840 --> 00:22:10,919 Speaker 3: the medium cities in the country, like is Orlando it 459 00:22:10,960 --> 00:22:13,720 Speaker 3: once was twelve hundred it's now nineteen hundred? Is it 460 00:22:13,760 --> 00:22:15,760 Speaker 3: going to be thirty two hundred and ten years? What 461 00:22:16,080 --> 00:22:19,800 Speaker 3: happens to the individuals in ten years if they keep 462 00:22:19,880 --> 00:22:22,720 Speaker 3: raising the rent that's my only concern. So will they 463 00:22:22,760 --> 00:22:26,280 Speaker 3: create rent control? Are people going to be forced to migrate? 464 00:22:27,119 --> 00:22:28,880 Speaker 3: So that's kind of the thing that I can't really 465 00:22:28,880 --> 00:22:31,520 Speaker 3: put my finger on because I can't think. If there's 466 00:22:31,920 --> 00:22:34,560 Speaker 3: one hundred million renters and they keep raising the price, 467 00:22:34,640 --> 00:22:35,560 Speaker 3: what does that do? 468 00:22:36,320 --> 00:22:36,520 Speaker 6: You know? 469 00:22:36,520 --> 00:22:39,199 Speaker 3: It's it's okay if La and Miami's expensive because if 470 00:22:39,240 --> 00:22:45,360 Speaker 3: you can't hang, you got to move. But if Pittsburgh, Cleveland, Raleigh, Austin, Phoenix, Orlando, 471 00:22:45,800 --> 00:22:48,400 Speaker 3: you know, if every city starts to become two three 472 00:22:48,440 --> 00:22:51,640 Speaker 3: thousand for a studio, what does that do to our country? 473 00:22:51,920 --> 00:22:53,480 Speaker 3: So that's the thing I'm just kind of waiting to 474 00:22:53,480 --> 00:22:55,560 Speaker 3: get more data on in the next few years to 475 00:22:55,800 --> 00:22:56,879 Speaker 3: kind of see where we're headed. 476 00:22:57,000 --> 00:22:58,520 Speaker 1: You brought up rent control a couple of times, so 477 00:22:58,520 --> 00:23:00,439 Speaker 1: I wanted to ask you where why are you in 478 00:23:00,520 --> 00:23:04,040 Speaker 1: terms of letting the market dictate prices versus having some 479 00:23:04,119 --> 00:23:06,480 Speaker 1: kind of I mean, rent control is a government intervention. 480 00:23:06,800 --> 00:23:09,560 Speaker 3: Well it's twofold because again, if you're a landlord and 481 00:23:09,840 --> 00:23:12,560 Speaker 3: your property is going up in value, that means your 482 00:23:12,560 --> 00:23:15,520 Speaker 3: insurance is probably going up, your property taxes are going up, 483 00:23:15,560 --> 00:23:17,040 Speaker 3: So all of a sudden, what you thought you were 484 00:23:17,040 --> 00:23:18,879 Speaker 3: going to cash flow is being eaten away, and you 485 00:23:18,920 --> 00:23:20,960 Speaker 3: want to be able to raise the rent because that 486 00:23:21,080 --> 00:23:24,040 Speaker 3: is fair market value. I understand the supply and demand aspect, 487 00:23:24,160 --> 00:23:27,679 Speaker 3: but there are places that do have rent control, so 488 00:23:27,720 --> 00:23:29,520 Speaker 3: it's not a new concept. There are states that are 489 00:23:29,560 --> 00:23:31,480 Speaker 3: rent controlled where they can only raise it maybe three 490 00:23:31,480 --> 00:23:34,040 Speaker 3: percent a year. And that's I guess a little more 491 00:23:34,160 --> 00:23:35,920 Speaker 3: fair if you want to look at it that way. 492 00:23:36,520 --> 00:23:40,159 Speaker 3: But again, this wasn't a problem four years ago. So 493 00:23:40,280 --> 00:23:42,840 Speaker 3: with all this new discussion, there's really nothing to point 494 00:23:42,840 --> 00:23:45,679 Speaker 3: to because we've never had such a sharp uptick of 495 00:23:45,760 --> 00:23:49,760 Speaker 3: rent prices with housing prices. So we're all just trying 496 00:23:49,760 --> 00:23:52,320 Speaker 3: to figure out in this new world, how do we 497 00:23:52,440 --> 00:23:56,040 Speaker 3: manage this so that people aren't stressed out because everyone's 498 00:23:56,040 --> 00:23:58,240 Speaker 3: trying to buy a home. Even when I'm reading my comments, 499 00:23:58,680 --> 00:24:02,440 Speaker 3: we're treating primary home owners like timing bitcoin, like everyone's 500 00:24:02,480 --> 00:24:04,880 Speaker 3: on they're going at seven percent interest rate at six 501 00:24:04,880 --> 00:24:06,760 Speaker 3: and a half percent, No, it's six point two today, 502 00:24:06,760 --> 00:24:08,639 Speaker 3: it's back up to eight. I'm gonna buy. It's like, 503 00:24:09,400 --> 00:24:11,879 Speaker 3: for fifty years, you just worked hard. It was hard. 504 00:24:12,040 --> 00:24:14,480 Speaker 3: You had to work hard, save a down payment, pay 505 00:24:14,480 --> 00:24:16,439 Speaker 3: off your debt. You know, it was a serious thing 506 00:24:16,480 --> 00:24:19,320 Speaker 3: to buy house, but it was possible. Now it's become 507 00:24:19,400 --> 00:24:22,320 Speaker 3: this like we're like betting on our primary residence, which 508 00:24:22,359 --> 00:24:25,960 Speaker 3: is unfortunate because most of the wealth that people hold 509 00:24:26,040 --> 00:24:28,159 Speaker 3: is in real estate. The boomers hold most of the 510 00:24:28,160 --> 00:24:30,359 Speaker 3: wealth of this country, I think over fifty percent, and 511 00:24:30,400 --> 00:24:34,560 Speaker 3: their biggest asset is their home. So we should look 512 00:24:34,560 --> 00:24:36,320 Speaker 3: at that as a government and say, well, what do 513 00:24:36,320 --> 00:24:39,080 Speaker 3: we want for young people? How about a thirty year 514 00:24:39,200 --> 00:24:41,479 Speaker 3: fixed rate so they can build their life and not 515 00:24:41,560 --> 00:24:43,400 Speaker 3: have to wait every year for their apartment to put 516 00:24:43,400 --> 00:24:45,280 Speaker 3: a letter on the door and say hey, you can 517 00:24:45,320 --> 00:24:48,199 Speaker 3: renew your lease for just forty seven hundred and then 518 00:24:48,200 --> 00:24:49,960 Speaker 3: you got to keep moving. It's like we need to 519 00:24:50,200 --> 00:24:52,520 Speaker 3: we need to help first time home buyers in our 520 00:24:52,560 --> 00:24:55,480 Speaker 3: young generation to alleviate the stress of the cost of living. 521 00:24:55,840 --> 00:24:58,760 Speaker 3: So there's got to be some sort of intervention. But 522 00:24:58,960 --> 00:25:03,280 Speaker 3: that also doesn't you create too much problems for the 523 00:25:03,359 --> 00:25:05,000 Speaker 3: for the mom and pop landlords. 524 00:25:05,320 --> 00:25:06,680 Speaker 6: I think that's a good point. 525 00:25:07,080 --> 00:25:08,840 Speaker 1: And before we wrap, I wanted to ask you about 526 00:25:08,840 --> 00:25:11,680 Speaker 1: the economy in general. Just over the last few years, 527 00:25:11,680 --> 00:25:15,520 Speaker 1: I've come across many narratives everything from there's going to 528 00:25:15,520 --> 00:25:17,680 Speaker 1: be a certain recession to oh we're going to have 529 00:25:17,720 --> 00:25:22,280 Speaker 1: a soft landing to a vibe session. The economy is 530 00:25:22,320 --> 00:25:25,040 Speaker 1: doing well, it's just that people aren't feeling good about it. 531 00:25:25,080 --> 00:25:27,280 Speaker 1: I think that's maybe a potentially a Biden talking point 532 00:25:27,280 --> 00:25:28,680 Speaker 1: that they've lashed onto. 533 00:25:28,720 --> 00:25:30,560 Speaker 6: There's also the silent depression. 534 00:25:30,600 --> 00:25:34,040 Speaker 1: I know you've talked about this where traditional economic indicators 535 00:25:34,040 --> 00:25:36,760 Speaker 1: are positive, but it's not capturing the daily struggle of 536 00:25:36,800 --> 00:25:38,239 Speaker 1: the masses of people who are just trying to make 537 00:25:38,359 --> 00:25:38,800 Speaker 1: ends meet. 538 00:25:39,440 --> 00:25:41,919 Speaker 6: You're on the ground. So what do you see. 539 00:25:41,560 --> 00:25:44,360 Speaker 1: As the reality of economy, specifically in the past couple 540 00:25:44,400 --> 00:25:46,639 Speaker 1: of years, but also maybe projecting the next twelve to 541 00:25:46,640 --> 00:25:47,560 Speaker 1: twenty four months. 542 00:25:48,160 --> 00:25:49,720 Speaker 3: This is the best way to paint the picture of 543 00:25:49,720 --> 00:25:52,360 Speaker 3: our economy. And I wish a leader or politician would 544 00:25:52,400 --> 00:25:56,280 Speaker 3: actually say this. For half the country, the economy is 545 00:25:56,359 --> 00:25:59,600 Speaker 3: wonderful and that is good for our country. But for 546 00:25:59,640 --> 00:26:04,240 Speaker 3: the other half, they are struggling. So what differentiates differentiates 547 00:26:04,800 --> 00:26:07,639 Speaker 3: between these two? If you bought your home, this is 548 00:26:07,680 --> 00:26:10,399 Speaker 3: how wild this is. If you bought your home before 549 00:26:10,440 --> 00:26:13,440 Speaker 3: the year twenty twenty, you most likely have a three 550 00:26:13,480 --> 00:26:16,920 Speaker 3: percent interest rate and your payment is probably around fifteen 551 00:26:17,000 --> 00:26:20,719 Speaker 3: hundred for your house. Somebody who bought after twenty twenty 552 00:26:20,840 --> 00:26:23,680 Speaker 3: probably has a three thousand dollars payment or is spending 553 00:26:23,760 --> 00:26:27,080 Speaker 3: twenty five hundred on rent. If the people before twenty 554 00:26:27,119 --> 00:26:29,840 Speaker 3: twenty have no college debt or their children are out 555 00:26:29,840 --> 00:26:33,760 Speaker 3: of daycare, they also don't have those expenses. So you 556 00:26:33,800 --> 00:26:35,920 Speaker 3: can have two neighbors living right next to each other 557 00:26:35,920 --> 00:26:38,439 Speaker 3: in the same neighborhood, and one person's house is fifteen 558 00:26:38,520 --> 00:26:41,160 Speaker 3: hundred and their payment is thirty five hundred plus twenty 559 00:26:41,160 --> 00:26:44,119 Speaker 3: five hundred for daycare, plus one thousand for student loans. 560 00:26:44,240 --> 00:26:46,159 Speaker 3: So this person saying I can't make it off a 561 00:26:46,160 --> 00:26:48,720 Speaker 3: one twenty, while their neighbors being like, you're over spending. 562 00:26:49,080 --> 00:26:51,400 Speaker 3: I make sixty five and I'm crushing it. Well, your 563 00:26:51,400 --> 00:26:54,320 Speaker 3: payment's fifteen hundred, you got no college debt, and your 564 00:26:54,359 --> 00:26:58,200 Speaker 3: kids are grown. They're spending seven thousand on those three things. 565 00:26:58,200 --> 00:27:00,119 Speaker 3: You're only spending fifteen hundred. So that's why you're go 566 00:27:00,200 --> 00:27:04,720 Speaker 3: into Applebee's, you're traveling. So the economy's booming, but that's 567 00:27:04,760 --> 00:27:07,600 Speaker 3: where we're pinched. We basically are living in two different worlds. 568 00:27:07,680 --> 00:27:10,320 Speaker 3: It was the people who set theirselves up before twenty 569 00:27:10,359 --> 00:27:12,960 Speaker 3: twenty and the people basically after twenty twenty. Unless you're 570 00:27:12,960 --> 00:27:15,000 Speaker 3: a multiple six figure and er, then that's you know 571 00:27:15,119 --> 00:27:17,840 Speaker 3: you're doing well. But those are the two economies we're in, 572 00:27:17,880 --> 00:27:20,679 Speaker 3: and I just haven't seen people address that correctly because 573 00:27:20,680 --> 00:27:23,760 Speaker 3: we are living in a dual economy of good and bad, 574 00:27:24,520 --> 00:27:27,040 Speaker 3: and we just have to try to figure out a 575 00:27:27,040 --> 00:27:29,800 Speaker 3: way to help the people who are struggling and make 576 00:27:29,840 --> 00:27:31,920 Speaker 3: it more aware as a talking point. 577 00:27:32,840 --> 00:27:35,240 Speaker 1: And I know we've talked this whole segment about the 578 00:27:35,280 --> 00:27:38,359 Speaker 1: American dream dying, but obviously housing transactions are still happening 579 00:27:38,400 --> 00:27:40,560 Speaker 1: every day. So if one of your clients, I know, 580 00:27:40,680 --> 00:27:42,440 Speaker 1: I think you alluded to this earlier, you talked a 581 00:27:42,480 --> 00:27:44,520 Speaker 1: little bit about this. But if one of your clients 582 00:27:44,600 --> 00:27:47,800 Speaker 1: still has this aspirational goal of buying a home, what 583 00:27:47,920 --> 00:27:49,720 Speaker 1: kinds of advice would you give them in terms of 584 00:27:49,760 --> 00:27:53,600 Speaker 1: financial planning and building a strategy around being successful in 585 00:27:53,640 --> 00:27:54,920 Speaker 1: today's economic environment. 586 00:27:55,400 --> 00:27:57,360 Speaker 3: The number one thing if you ever want to buy 587 00:27:57,359 --> 00:28:01,359 Speaker 3: a house is to become edgy on the topic. I 588 00:28:01,480 --> 00:28:04,119 Speaker 3: always recommend, even before talking to a real estate agent, 589 00:28:04,160 --> 00:28:07,400 Speaker 3: talking with a lender so you can understand your options. 590 00:28:07,640 --> 00:28:09,720 Speaker 3: What are your down payments, what kind of loan are 591 00:28:09,760 --> 00:28:11,480 Speaker 3: you going to get? What are you gonna need? Do 592 00:28:11,480 --> 00:28:13,359 Speaker 3: you need to pay off your vehicle? Do you need 593 00:28:13,400 --> 00:28:15,240 Speaker 3: to pay off debt? Do you need to make more money? Like, 594 00:28:15,400 --> 00:28:18,639 Speaker 3: understanding exactly what you need makes it easier for you 595 00:28:18,680 --> 00:28:20,520 Speaker 3: to make a plan, So you just don't want to 596 00:28:20,520 --> 00:28:21,879 Speaker 3: put your head in the stand and go, ah, this 597 00:28:21,920 --> 00:28:24,080 Speaker 3: is frustrated. It's like figure out what it is so 598 00:28:24,160 --> 00:28:28,520 Speaker 3: you can work towards it. Or this is not popular, don't, don't, 599 00:28:28,640 --> 00:28:31,000 Speaker 3: don't come at me. This is just the truth. I 600 00:28:31,040 --> 00:28:33,600 Speaker 3: think we're going to see a massive migration into different 601 00:28:33,640 --> 00:28:36,280 Speaker 3: parts of our country if home ownership is important to you, 602 00:28:36,480 --> 00:28:39,120 Speaker 3: Because if you and your family are making eighty ninety 603 00:28:39,160 --> 00:28:41,880 Speaker 3: one hundred thousand dollars a year and you can work remote, 604 00:28:42,000 --> 00:28:45,640 Speaker 3: or you can transfer to Michigan or Ohio or some 605 00:28:45,720 --> 00:28:48,400 Speaker 3: other places in the south, you can get a nice, charming, 606 00:28:48,440 --> 00:28:51,040 Speaker 3: white picket fence home for two twenty two fifty in 607 00:28:51,080 --> 00:28:53,160 Speaker 3: different parts of the country. But are people going to 608 00:28:53,200 --> 00:28:55,720 Speaker 3: want to uproot their whole life? At least it's an option. 609 00:28:56,280 --> 00:28:58,920 Speaker 3: So I tell people start looking at different places around 610 00:28:58,920 --> 00:29:00,920 Speaker 3: the country. On your spare time, I'm work on paying 611 00:29:00,920 --> 00:29:04,000 Speaker 3: off your debt and really focus on where's my career 612 00:29:04,120 --> 00:29:05,560 Speaker 3: going to be in five years? Am I going to 613 00:29:05,600 --> 00:29:09,880 Speaker 3: continue to make money? If not, and I want a home, 614 00:29:10,320 --> 00:29:12,239 Speaker 3: what do I have to do at this point? So 615 00:29:12,280 --> 00:29:14,560 Speaker 3: it's just being educated and writing down on a piece 616 00:29:14,560 --> 00:29:17,280 Speaker 3: of paper with your family, what are your goals and 617 00:29:17,320 --> 00:29:19,560 Speaker 3: what are your obstacles that you can put a plan together. 618 00:29:20,600 --> 00:29:24,000 Speaker 1: Okay, I think that's sound advice. So if viewers want 619 00:29:24,040 --> 00:29:26,480 Speaker 1: to hear more of you, Freddie, where can they find you? 620 00:29:27,200 --> 00:29:30,800 Speaker 3: Yeah, I've Instagram or TikTok's probably my two. I try 621 00:29:30,840 --> 00:29:33,240 Speaker 3: to post as much educational stuff every day. 622 00:29:33,760 --> 00:29:34,040 Speaker 6: Seven. 623 00:29:34,040 --> 00:29:36,320 Speaker 3: If you spend twenty minutes on one of my pages 624 00:29:36,360 --> 00:29:38,880 Speaker 3: and look through I kind of give advice more nuanced 625 00:29:38,920 --> 00:29:40,840 Speaker 3: on all of this and see what kind of works 626 00:29:40,880 --> 00:29:43,440 Speaker 3: for you. But myself and there's many others who give 627 00:29:43,440 --> 00:29:46,760 Speaker 3: advice on lending, on buying homes, So just kind of 628 00:29:46,960 --> 00:29:48,760 Speaker 3: take advice from all of us and put a plan 629 00:29:48,840 --> 00:29:50,720 Speaker 3: together what best suits you and your family. 630 00:29:51,360 --> 00:29:54,320 Speaker 1: Awesome, well, Freddie, thank you for coming on the show today. 631 00:29:54,400 --> 00:29:55,400 Speaker 1: Really appreciate your time. 632 00:29:56,040 --> 00:29:57,520 Speaker 3: Yeah, thanks, James, I appreciate it. 633 00:29:58,080 --> 00:29:59,200 Speaker 6: That's it for me this week. 634 00:29:59,320 --> 00:30:01,480 Speaker 1: If you like the learn more about housing in America, 635 00:30:01,760 --> 00:30:04,320 Speaker 1: I've done an investigative deep dive on the private equity 636 00:30:04,360 --> 00:30:07,640 Speaker 1: takeover of entire neighborhoods of single family homes in America. 637 00:30:07,920 --> 00:30:10,160 Speaker 1: The video is posted on my YouTube channel fifty one 638 00:30:10,160 --> 00:30:12,560 Speaker 1: to forty nine with James Lee. Head on over check 639 00:30:12,600 --> 00:30:14,280 Speaker 1: that out, give me a follow. The link will be 640 00:30:14,320 --> 00:30:17,200 Speaker 1: in the description below. As always, I'd like to thank 641 00:30:17,240 --> 00:30:18,840 Speaker 1: you for your time and I'll see you in the 642 00:30:18,840 --> 00:30:21,720 Speaker 1: next one. 643 00:30:22,080 --> 00:30:25,440 Speaker 8: Hi. I'm Maximilian Alvarez. I'm the editor in chief of 644 00:30:25,480 --> 00:30:29,000 Speaker 8: the Real News Network and host of the podcast Working People, 645 00:30:29,480 --> 00:30:32,840 Speaker 8: and this is the art of class war on Breaking Points. 646 00:30:33,000 --> 00:30:36,960 Speaker 8: We're recording this on March eighth, twenty twenty four, five 647 00:30:37,000 --> 00:30:40,160 Speaker 8: months after the Hamas led attacks on October seventh that 648 00:30:40,360 --> 00:30:45,760 Speaker 8: killed over eleven hundred people, five months into Israel's genocidal 649 00:30:45,760 --> 00:30:49,840 Speaker 8: assault on the open air prison that was Gaza, which 650 00:30:49,880 --> 00:30:54,600 Speaker 8: is killed to date at least thirty thousand people, seventy 651 00:30:54,680 --> 00:30:59,960 Speaker 8: five years into Israel's US backed occupation of historic Palestine. 652 00:31:00,040 --> 00:31:02,440 Speaker 8: There was some vague hope this week that at least 653 00:31:02,720 --> 00:31:06,080 Speaker 8: a forty day ceasefire would be implemented ahead of the 654 00:31:06,080 --> 00:31:10,000 Speaker 8: beginning of the holy month of Ramadan. Maybe by the 655 00:31:10,040 --> 00:31:12,840 Speaker 8: time you see this a ceasefire will be in place. 656 00:31:13,160 --> 00:31:13,880 Speaker 6: But I doubt it. 657 00:31:14,080 --> 00:31:18,400 Speaker 8: But whether a permanent, temporary or no ceasefire is reached, 658 00:31:18,960 --> 00:31:23,240 Speaker 8: the damage, as we say, has already been done. What 659 00:31:23,360 --> 00:31:27,720 Speaker 8: was once Gaza is now largely rubble. What were once 660 00:31:27,800 --> 00:31:32,000 Speaker 8: so many men, women and children with lives and thoughts 661 00:31:32,320 --> 00:31:38,640 Speaker 8: and futures are now pieces ash, dust and bone. The 662 00:31:38,680 --> 00:31:42,640 Speaker 8: horrors rot upon Palestinians and Gaza will and must rightly 663 00:31:42,720 --> 00:31:46,160 Speaker 8: remain burned into our history as one of the greatest 664 00:31:46,200 --> 00:31:51,720 Speaker 8: failures of humanity. To defend life itself and whatever comes next, 665 00:31:52,400 --> 00:31:55,280 Speaker 8: we need to stare directly into the darkness that has 666 00:31:55,400 --> 00:31:59,960 Speaker 8: swallowed this land, this people, fueled by our tax dofar 667 00:32:00,560 --> 00:32:05,120 Speaker 8: and our country's endless political support. Doctor Therahmud is a 668 00:32:05,120 --> 00:32:09,320 Speaker 8: Palestinian American er physician, and he witnessed first hand the 669 00:32:09,360 --> 00:32:13,200 Speaker 8: carnage in the Gaza Strip during his recent medical mission 670 00:32:13,480 --> 00:32:17,280 Speaker 8: at Al Nasser Hospital in Conunis. He is here with 671 00:32:17,360 --> 00:32:20,920 Speaker 8: us now, Doctor Ahmud, thank you so much for joining 672 00:32:20,960 --> 00:32:22,480 Speaker 8: me today on breaking points. 673 00:32:22,880 --> 00:32:24,720 Speaker 5: Thank you for having me Max. I appreciate it. 674 00:32:25,360 --> 00:32:28,480 Speaker 8: I appreciate you man, and I can't imagine what you 675 00:32:28,520 --> 00:32:30,480 Speaker 8: have been through and what you've seen. But we're gonna 676 00:32:30,520 --> 00:32:33,160 Speaker 8: try as best we can in the next few minutes 677 00:32:33,600 --> 00:32:36,760 Speaker 8: to get people to listen as closely as they possibly can. 678 00:32:37,520 --> 00:32:42,400 Speaker 8: Doctor Amaud, you yourself, can you describe for viewers your 679 00:32:42,520 --> 00:32:46,640 Speaker 8: journey first into Gaza, what it was like getting into 680 00:32:46,720 --> 00:32:49,640 Speaker 8: the hospital and what it was like to try to 681 00:32:49,720 --> 00:32:54,640 Speaker 8: provide emergency medical care in those conditions. I've interviewed healthcare 682 00:32:54,680 --> 00:32:57,880 Speaker 8: workers like yourselves in so many other contexts. I truly 683 00:32:57,920 --> 00:33:00,840 Speaker 8: can't imagine what it's like to try to do that 684 00:33:00,960 --> 00:33:04,600 Speaker 8: kind of job, to provide that kind of care in 685 00:33:04,640 --> 00:33:07,640 Speaker 8: this kind of environment. Can you just tell people what 686 00:33:07,800 --> 00:33:08,400 Speaker 8: that was like? 687 00:33:09,120 --> 00:33:10,840 Speaker 5: Yeah, I mean, you know, I think you bring up 688 00:33:10,840 --> 00:33:13,120 Speaker 5: an interesting point here, Max. I know, I'm a part 689 00:33:13,160 --> 00:33:17,080 Speaker 5: of an NGO organization that does medical humanitarian relief called 690 00:33:17,120 --> 00:33:19,480 Speaker 5: med Global, and you know, We've been to the Gaza 691 00:33:19,480 --> 00:33:22,000 Speaker 5: Strip several times. I've been to the Gaza Strip prior 692 00:33:22,080 --> 00:33:28,160 Speaker 5: to this occasion four times. We've been to Syria, Yemen, Sudan, Venezuela. 693 00:33:28,280 --> 00:33:31,560 Speaker 5: I mean, we've seen sort of humanitarian crises all around, 694 00:33:31,920 --> 00:33:36,320 Speaker 5: and when October seventh happened, we were we knew that 695 00:33:36,360 --> 00:33:39,480 Speaker 5: there would be this ensuing sort of disaster that would 696 00:33:39,480 --> 00:33:41,479 Speaker 5: take place in the Gaza Strip, just because we had 697 00:33:41,520 --> 00:33:44,440 Speaker 5: a feel for what the situation was like. People should 698 00:33:44,520 --> 00:33:46,320 Speaker 5: keep in mind that the Gaza Strip is not an 699 00:33:46,320 --> 00:33:48,880 Speaker 5: easy place to access. I mean, it's been under siege 700 00:33:49,320 --> 00:33:52,480 Speaker 5: for over seventeen years, and so anytime we would try 701 00:33:52,520 --> 00:33:55,080 Speaker 5: to get in in the past prior to October seventh, 702 00:33:55,200 --> 00:33:57,440 Speaker 5: it was always a struggle you either had to enter 703 00:33:57,520 --> 00:34:00,160 Speaker 5: in through the northern border with Israel or through the 704 00:34:00,200 --> 00:34:03,960 Speaker 5: southern border with Egypt, and neither of those borders were 705 00:34:04,160 --> 00:34:07,280 Speaker 5: necessarily streamlined so people could get in and get out, 706 00:34:07,600 --> 00:34:11,399 Speaker 5: and so it already created this sort of humanitarian tenuous 707 00:34:12,000 --> 00:34:15,279 Speaker 5: situation in the Gaza Strip. So when this broke out, 708 00:34:15,320 --> 00:34:17,880 Speaker 5: we've been trying for months trying to get in. We 709 00:34:17,920 --> 00:34:20,560 Speaker 5: had a team of doctors who wanted to bring in supplies, 710 00:34:21,000 --> 00:34:24,040 Speaker 5: but the borders from both sides were totally closed down. 711 00:34:24,239 --> 00:34:27,080 Speaker 5: Nobody was getting in and barely anybody was getting out 712 00:34:27,160 --> 00:34:29,880 Speaker 5: unless you could pay a fixer thousands and thousands of 713 00:34:29,880 --> 00:34:31,840 Speaker 5: dollars to get you out of the Gaza Strip, and 714 00:34:31,920 --> 00:34:35,879 Speaker 5: this fixer generally was Egyptian. So when we finally got 715 00:34:36,080 --> 00:34:37,800 Speaker 5: word that there was a chance that we would be 716 00:34:37,880 --> 00:34:40,799 Speaker 5: able to get into the Gaza Strip, this was already January, 717 00:34:41,160 --> 00:34:43,879 Speaker 5: months into what was taking place. We had already heard 718 00:34:43,920 --> 00:34:46,600 Speaker 5: in November about the food insecurity that was taking place 719 00:34:46,640 --> 00:34:48,920 Speaker 5: on the ground. We had heard about the bombing, and 720 00:34:48,960 --> 00:34:51,200 Speaker 5: we had heard about how many kids had been amputees. 721 00:34:51,280 --> 00:34:53,520 Speaker 5: At that point, we had heard about how many people 722 00:34:53,520 --> 00:34:56,720 Speaker 5: had fled to Rafa, the southernmost part of the Gaza Strip, 723 00:34:57,120 --> 00:35:00,000 Speaker 5: and so we thought that we were ready for this journey. 724 00:35:00,040 --> 00:35:01,759 Speaker 5: We thought we were prepared. We knew that there was 725 00:35:01,800 --> 00:35:05,279 Speaker 5: a humanitarian catastrophe taking place in the midst of a 726 00:35:05,320 --> 00:35:08,520 Speaker 5: war zone where f thirty fives are dropping bombs and 727 00:35:08,560 --> 00:35:11,720 Speaker 5: tanks are rolling through neighborhoods and there is a ground 728 00:35:11,760 --> 00:35:15,600 Speaker 5: invasion city by city. But what really set the stage 729 00:35:15,600 --> 00:35:18,160 Speaker 5: for us is as we're approaching and we're going through 730 00:35:18,200 --> 00:35:22,239 Speaker 5: the Sinai Peninsula and we're approaching that off border, we 731 00:35:22,280 --> 00:35:25,720 Speaker 5: really start seeing lines and lines of trucks right outside 732 00:35:25,760 --> 00:35:28,719 Speaker 5: of the border. And these are humanitarian aid trucks. I mean, 733 00:35:28,760 --> 00:35:33,120 Speaker 5: they've got infant formula, they've got medicines, they've got tents, 734 00:35:33,239 --> 00:35:36,960 Speaker 5: they've got winter socks, they've got blankets, and miles and 735 00:35:37,040 --> 00:35:39,520 Speaker 5: miles backed up. You see them all across the side 736 00:35:39,560 --> 00:35:41,680 Speaker 5: of the road, on both sides of the road. And 737 00:35:41,719 --> 00:35:44,960 Speaker 5: so we really started to kind of get this sense 738 00:35:44,960 --> 00:35:47,840 Speaker 5: of frustration and anger because you know that once we 739 00:35:47,920 --> 00:35:50,600 Speaker 5: cross that border, what we're going to see are people 740 00:35:50,640 --> 00:35:53,040 Speaker 5: who desperately need the things that are on these trucks. 741 00:35:53,480 --> 00:35:56,400 Speaker 5: And so we get through the border, and the second 742 00:35:56,440 --> 00:36:00,360 Speaker 5: that you cross into the Palestinian side of Rapha. You're 743 00:36:00,480 --> 00:36:03,759 Speaker 5: just overwhelmed with the amount of people that are sheltering 744 00:36:03,880 --> 00:36:06,520 Speaker 5: in this area. Again, I had been there prior to 745 00:36:06,560 --> 00:36:10,600 Speaker 5: October seventh. This was an area that housed two hundred 746 00:36:10,640 --> 00:36:13,640 Speaker 5: and fifty to three hundred thousand residents, and when we 747 00:36:13,680 --> 00:36:16,200 Speaker 5: first showed up in January, there were already one point 748 00:36:16,280 --> 00:36:18,879 Speaker 5: two one point three million people. There was a sea 749 00:36:18,920 --> 00:36:22,080 Speaker 5: of tents and you could, you know, as it was 750 00:36:22,120 --> 00:36:24,520 Speaker 5: getting darker at night. The only thing that we were 751 00:36:24,560 --> 00:36:26,799 Speaker 5: able to see is just kind of was what was 752 00:36:26,880 --> 00:36:29,120 Speaker 5: visualized to us by the light on the truck that 753 00:36:29,200 --> 00:36:33,480 Speaker 5: was taking us to the office. It was just people everywhere, 754 00:36:33,600 --> 00:36:37,319 Speaker 5: kids everywhere. There's no electricity. Anywhere you look. You look 755 00:36:37,360 --> 00:36:38,799 Speaker 5: to the right, you see a tent. You look to 756 00:36:38,840 --> 00:36:41,120 Speaker 5: the left, you see a bunch of kids out on 757 00:36:41,160 --> 00:36:43,520 Speaker 5: the street, and so, you know, it was a very 758 00:36:43,560 --> 00:36:46,040 Speaker 5: overwhelming feeling. It was not the gaza that we had 759 00:36:46,080 --> 00:36:49,200 Speaker 5: seen when we had left a year earlier. I was 760 00:36:49,239 --> 00:36:53,359 Speaker 5: there in March of twenty twenty two, and so it 761 00:36:53,480 --> 00:36:58,280 Speaker 5: was it was quite overwhelming. The following day we were told, okay, 762 00:36:58,360 --> 00:37:01,160 Speaker 5: we're going to go to Nassa Hospital. It's the largest 763 00:37:01,200 --> 00:37:04,960 Speaker 5: remaining functioning hospital in the Gaza Strip. It's in carn Unis. 764 00:37:05,280 --> 00:37:08,320 Speaker 5: Carn Unis is in the midst of a very heavy 765 00:37:08,360 --> 00:37:14,080 Speaker 5: military assault by the Israeli military. It is essentially been deconflicted. 766 00:37:14,120 --> 00:37:16,040 Speaker 5: It's a word that we heard a lot that I 767 00:37:16,200 --> 00:37:20,520 Speaker 5: found means nothing, but essentially what we're told is that 768 00:37:20,560 --> 00:37:23,680 Speaker 5: the hospital is okay. There is this coordination taking place 769 00:37:23,719 --> 00:37:27,720 Speaker 5: between the World Health Organization, the United Nations, the Israeli military, 770 00:37:27,760 --> 00:37:31,080 Speaker 5: the Egyptian authorities. The hospital is fine, and so we 771 00:37:31,120 --> 00:37:34,480 Speaker 5: made our way to the hospital and just walking through 772 00:37:34,520 --> 00:37:37,320 Speaker 5: the perimeter of the NASAB Medical Complex, there are about 773 00:37:37,320 --> 00:37:39,960 Speaker 5: four buildings that make up the NASA Medical Complex and 774 00:37:40,000 --> 00:37:42,960 Speaker 5: the NASA Hospital. Again, it just hits you. There are 775 00:37:43,440 --> 00:37:47,000 Speaker 5: ten thousand people sheltering inside of these buildings, and around 776 00:37:47,040 --> 00:37:50,040 Speaker 5: these buildings there are tents everywhere. As we're trying to 777 00:37:50,040 --> 00:37:52,440 Speaker 5: make it through the emergency department, you have to walk 778 00:37:52,480 --> 00:37:55,759 Speaker 5: by a destroyed ambulance, an ambulance that was hit by 779 00:37:55,760 --> 00:37:58,759 Speaker 5: a missile, and you cannot take two steps at the 780 00:37:58,920 --> 00:38:01,759 Speaker 5: entrance without bumping into somebody. All of these families are 781 00:38:01,800 --> 00:38:04,600 Speaker 5: sheltering in the hallways, in the corridors of the hospital, 782 00:38:04,920 --> 00:38:08,160 Speaker 5: every single floor is occupied by people. The second I'm 783 00:38:08,160 --> 00:38:10,479 Speaker 5: trying to get into the emergency department, into an area 784 00:38:10,520 --> 00:38:13,560 Speaker 5: we call the resuscitation bay, where we get the sickest patients, 785 00:38:13,560 --> 00:38:17,440 Speaker 5: the patients who are who have been traumatized by some 786 00:38:17,480 --> 00:38:21,440 Speaker 5: sort of bomb or shelling or shrapnel. You have to 787 00:38:21,480 --> 00:38:23,920 Speaker 5: make your way through families who are laying on a 788 00:38:24,000 --> 00:38:27,399 Speaker 5: very thin mattress on the floor, just kind of that's 789 00:38:27,400 --> 00:38:30,400 Speaker 5: where they've been sheltering for months. And I remember the 790 00:38:30,400 --> 00:38:34,040 Speaker 5: first day that we get there, I put my stuff 791 00:38:34,040 --> 00:38:35,600 Speaker 5: into the call room because I was going to be 792 00:38:35,640 --> 00:38:39,959 Speaker 5: sleeping at Nasat Hospital, and I walk into the resuscitation 793 00:38:40,120 --> 00:38:42,799 Speaker 5: bay and already there was this young man twenty some 794 00:38:42,960 --> 00:38:46,120 Speaker 5: years old who was being treated on the floor. Because 795 00:38:46,440 --> 00:38:49,520 Speaker 5: this hospital normally can have three hundred, maybe three hundred 796 00:38:49,560 --> 00:38:53,080 Speaker 5: and fifty patients, but it was already taking care of 797 00:38:53,080 --> 00:38:55,960 Speaker 5: a thousand patients, and so we didn't have any hospital 798 00:38:56,000 --> 00:38:57,880 Speaker 5: carts to be able to treat people, and so we 799 00:38:57,920 --> 00:38:59,800 Speaker 5: had to lay them on the floor and get to work. 800 00:39:00,239 --> 00:39:03,680 Speaker 5: And you know, this particular young man was hit by shrapnel. 801 00:39:03,719 --> 00:39:06,319 Speaker 5: He had been walking next to a house that had 802 00:39:06,360 --> 00:39:10,560 Speaker 5: been bombed, and his whole body was sprayed with shrapnel, 803 00:39:10,160 --> 00:39:13,040 Speaker 5: and I had shown up, and you know, I got 804 00:39:13,040 --> 00:39:15,440 Speaker 5: down on my knees to start working with the doctor, 805 00:39:15,480 --> 00:39:18,719 Speaker 5: the Palestinian doctor who was taking care of him, and 806 00:39:19,400 --> 00:39:21,839 Speaker 5: it was clear that he was really, really sick. And 807 00:39:22,080 --> 00:39:25,239 Speaker 5: eventually he lost the pose and we were doing chess 808 00:39:25,280 --> 00:39:29,239 Speaker 5: compressions and we were working on him, doing different trauma procedures, 809 00:39:29,239 --> 00:39:31,680 Speaker 5: but it was all, you know, it was all futile, 810 00:39:31,760 --> 00:39:35,960 Speaker 5: and he ended up dying. But I remember looking up 811 00:39:36,239 --> 00:39:40,560 Speaker 5: and realizing that his family was right next to us, 812 00:39:40,760 --> 00:39:42,720 Speaker 5: was right next to his head, just kind of watching 813 00:39:42,760 --> 00:39:44,560 Speaker 5: what we were doing, and they had seen us stop 814 00:39:44,680 --> 00:39:48,480 Speaker 5: doing chess compressions on him, and I was just kind 815 00:39:48,480 --> 00:39:52,560 Speaker 5: of taken aback by the overwhelming nature of all of this. 816 00:39:53,120 --> 00:39:56,600 Speaker 5: There are you know, this this room, this resuscitation BA 817 00:39:56,640 --> 00:39:59,120 Speaker 5: can normally have four patients in it, and there were 818 00:39:59,160 --> 00:40:01,960 Speaker 5: twenty people in there at that time, you know, seven 819 00:40:02,000 --> 00:40:04,120 Speaker 5: of which were on the floor. And then there were 820 00:40:04,120 --> 00:40:07,320 Speaker 5: their families scattered in these corners, just kind of watching 821 00:40:07,320 --> 00:40:09,960 Speaker 5: their loved ones being treated. And then this family saw 822 00:40:10,040 --> 00:40:13,960 Speaker 5: their son die in this process, and you know, it 823 00:40:14,040 --> 00:40:17,799 Speaker 5: was it was really really tough to process because you know, 824 00:40:18,560 --> 00:40:20,480 Speaker 5: there was nobody there that can kind of help them 825 00:40:20,480 --> 00:40:23,120 Speaker 5: take through this process. After we sort of communicated this 826 00:40:23,200 --> 00:40:27,160 Speaker 5: information and they grieved for maybe a minute, they had 827 00:40:27,200 --> 00:40:29,480 Speaker 5: to pick up their son in the blanket that they 828 00:40:29,480 --> 00:40:32,799 Speaker 5: brought him in from the house and go and find 829 00:40:32,800 --> 00:40:35,400 Speaker 5: a place to bury him. And you know, for me, 830 00:40:35,520 --> 00:40:38,640 Speaker 5: that was, you know, just coming from working in Chicago 831 00:40:38,960 --> 00:40:42,120 Speaker 5: and watching that sort of hit me. It was something 832 00:40:42,120 --> 00:40:44,600 Speaker 5: that you know, I still struggle with. And that was 833 00:40:44,640 --> 00:40:46,840 Speaker 5: sort of every day while we were at Nasset Hospital 834 00:40:46,880 --> 00:40:50,279 Speaker 5: in Canunis. Every day, every few hours, you're getting a 835 00:40:50,360 --> 00:40:53,520 Speaker 5: rush of fifteen to twenty people coming through our doors. 836 00:40:53,880 --> 00:40:57,200 Speaker 5: Every day. You're seeing, you know, kids who have been 837 00:40:57,480 --> 00:41:00,440 Speaker 5: underneath the rubble who did not survive, you know, that 838 00:41:00,480 --> 00:41:03,320 Speaker 5: sort of that sort of blunt injury that they suffered. 839 00:41:04,719 --> 00:41:08,239 Speaker 5: You see people who have chronic medical diseases who are 840 00:41:08,360 --> 00:41:10,800 Speaker 5: dying because they didn't get the care that they needed. 841 00:41:10,840 --> 00:41:13,399 Speaker 5: They didn't get the medicine that they desperately needed, they 842 00:41:13,400 --> 00:41:17,279 Speaker 5: did not get enough dialysis because the dialysis facility is 843 00:41:17,400 --> 00:41:22,080 Speaker 5: overwhelmed because everybody's displaced, and so it's not able to 844 00:41:22,160 --> 00:41:26,360 Speaker 5: treat people. It was it was certainly something that I think, 845 00:41:27,760 --> 00:41:31,160 Speaker 5: you know, I don't I don't understand how people were 846 00:41:31,200 --> 00:41:34,759 Speaker 5: still able to operate in this setting. And when I 847 00:41:34,840 --> 00:41:39,120 Speaker 5: looked around that my coworkers, my Palestinian colleagues, the doctors 848 00:41:39,200 --> 00:41:43,160 Speaker 5: and the nurses, and just hearing their stories, it was 849 00:41:43,200 --> 00:41:47,040 Speaker 5: this additional sort of layer of trauma that they were 850 00:41:47,080 --> 00:41:50,640 Speaker 5: dealing with. So not only were they displaced, not only 851 00:41:50,800 --> 00:41:52,960 Speaker 5: did they maybe lose their home or they lost a 852 00:41:53,000 --> 00:41:55,960 Speaker 5: loved one. Not only were they hungry hoping that there 853 00:41:56,000 --> 00:41:58,440 Speaker 5: would be an aid distribution in front of the hospital 854 00:41:58,520 --> 00:42:01,320 Speaker 5: later in the day, or hoping that World's central kitchen 855 00:42:01,400 --> 00:42:03,399 Speaker 5: or a narrow would deliver hot meal for the day, 856 00:42:04,120 --> 00:42:07,520 Speaker 5: but they were also being tasked and asked to serve 857 00:42:07,560 --> 00:42:10,520 Speaker 5: this community that was suffering immensely as well. And I 858 00:42:10,560 --> 00:42:12,560 Speaker 5: don't know how they were able to do it for 859 00:42:12,680 --> 00:42:15,400 Speaker 5: four months at that point, And now we've reached five months, 860 00:42:15,640 --> 00:42:19,239 Speaker 5: and they're doing it with a shortage of everything that 861 00:42:19,280 --> 00:42:21,680 Speaker 5: you can imagine, a shortage of all of the supplies 862 00:42:21,719 --> 00:42:25,000 Speaker 5: that is needed for a hospital to function on any 863 00:42:25,040 --> 00:42:28,800 Speaker 5: given day. They may not have the antibiotics that they needed, 864 00:42:28,840 --> 00:42:31,040 Speaker 5: they may not have band aids. I remember there would 865 00:42:31,040 --> 00:42:32,880 Speaker 5: be days where we would walk over to wash our 866 00:42:32,920 --> 00:42:35,440 Speaker 5: hands after treating patients and there would be no water 867 00:42:35,480 --> 00:42:37,600 Speaker 5: that would come out of the faucet because the tank 868 00:42:37,640 --> 00:42:40,719 Speaker 5: at the top of the hospital had emptied. Because it 869 00:42:40,760 --> 00:42:42,480 Speaker 5: was such a busy day, we had used all of 870 00:42:42,520 --> 00:42:46,440 Speaker 5: the water that was there. We could not have scalpels, 871 00:42:46,440 --> 00:42:48,680 Speaker 5: so we were using grazor blades to perform some of 872 00:42:48,760 --> 00:42:52,400 Speaker 5: these procedures. We did not have pain medicines on some days, 873 00:42:52,400 --> 00:42:55,439 Speaker 5: so we had to improvise. And they did a phenomenal job. 874 00:42:55,600 --> 00:42:58,640 Speaker 5: They did such an incredible job because they have been 875 00:42:59,040 --> 00:43:02,759 Speaker 5: in this position coutiple times and somehow the brilliance just 876 00:43:02,840 --> 00:43:05,560 Speaker 5: kind of comes out in those moments. But you ask yourself, so, 877 00:43:05,560 --> 00:43:08,520 Speaker 5: why are we asking them to go to this level? 878 00:43:08,520 --> 00:43:12,040 Speaker 5: Why are we asking them to perform at this superhuman level? 879 00:43:12,400 --> 00:43:13,920 Speaker 6: And you know, the one. 880 00:43:13,840 --> 00:43:15,719 Speaker 5: Last thing I'll mention to you just about nas At 881 00:43:15,760 --> 00:43:20,160 Speaker 5: Hospital is eventually the bombing came to the perimeter of 882 00:43:20,200 --> 00:43:22,360 Speaker 5: the hospital and the hospital was surrounded. And on one 883 00:43:22,400 --> 00:43:25,120 Speaker 5: of those days, I was evacuated from this hospital and 884 00:43:25,200 --> 00:43:28,600 Speaker 5: ultimately Nasaid became just like many of the other hospitals 885 00:43:28,600 --> 00:43:31,400 Speaker 5: in the Gaza strip. It was raided, it was surrounded, 886 00:43:31,680 --> 00:43:34,600 Speaker 5: it was rendered inoperable. The electricity was cut off. Many 887 00:43:34,640 --> 00:43:38,240 Speaker 5: people who were very sick died unnecessarily in the process, 888 00:43:38,800 --> 00:43:42,080 Speaker 5: and many of the coworkers, many of the healthcare workers, 889 00:43:42,120 --> 00:43:46,840 Speaker 5: were abducted, and some of them were actually injured or 890 00:43:46,960 --> 00:43:48,759 Speaker 5: killed as they tried to flee the hospital or as 891 00:43:48,800 --> 00:43:51,160 Speaker 5: they walked the hallways of the hospital by you know, 892 00:43:51,200 --> 00:43:53,120 Speaker 5: either a drone or a sniper or who knows what 893 00:43:53,200 --> 00:43:57,480 Speaker 5: it was. But just I just hope that that can 894 00:43:57,520 --> 00:44:00,680 Speaker 5: be put into some perspective. That was that's the largest 895 00:44:00,719 --> 00:44:03,920 Speaker 5: remaining hospital that was one of two referral hospitals. There 896 00:44:04,000 --> 00:44:06,759 Speaker 5: is no other hospital like NASSET now that can accommodate 897 00:44:06,880 --> 00:44:09,480 Speaker 5: the sort of trauma patients and the injuries that we see. 898 00:44:09,560 --> 00:44:12,200 Speaker 5: There is no other facility that can have multiple operating 899 00:44:12,280 --> 00:44:15,759 Speaker 5: rooms running at the same time. Make no mistake, this 900 00:44:15,800 --> 00:44:21,160 Speaker 5: will result in hundreds, if not thousands, of unnecessary, preventable depths. 901 00:44:21,200 --> 00:44:25,240 Speaker 5: The fact that NASA has now been rendered inoperable. And 902 00:44:24,719 --> 00:44:28,600 Speaker 5: I also think about my colleagues who and the people 903 00:44:28,600 --> 00:44:31,440 Speaker 5: who are displaced there, who have been displaced yet again, 904 00:44:31,480 --> 00:44:34,279 Speaker 5: who have had to flee again, sort of continuing that 905 00:44:34,440 --> 00:44:35,960 Speaker 5: cycle of trauma that they face. 906 00:44:36,920 --> 00:44:40,120 Speaker 8: I know, to everyone watching and listening. This is extremely 907 00:44:40,200 --> 00:44:42,920 Speaker 8: hard to hear, but I am begging you to open 908 00:44:42,960 --> 00:44:48,120 Speaker 8: your ears, open your eyes, don't look away, Doctor Mott. 909 00:44:48,120 --> 00:44:49,719 Speaker 8: I know we only have a few minutes left. I 910 00:44:49,719 --> 00:44:51,640 Speaker 8: have so many thoughts, but it's not about me. I 911 00:44:51,719 --> 00:44:53,960 Speaker 8: want to use the time we have to ask you 912 00:44:54,000 --> 00:44:57,480 Speaker 8: this question. People here in the West, as you know, 913 00:44:58,120 --> 00:45:01,080 Speaker 8: are seeing a lot of the pain and horror that 914 00:45:01,120 --> 00:45:04,959 Speaker 8: our fellow human beings and Gaza are going through through 915 00:45:05,000 --> 00:45:10,200 Speaker 8: their social media feeds. But you have seen it, experienced it, 916 00:45:10,880 --> 00:45:16,080 Speaker 8: heard it, smelled it, felt it up close. I'm not 917 00:45:16,280 --> 00:45:19,560 Speaker 8: asking you this question in like give us more gory, 918 00:45:19,640 --> 00:45:23,239 Speaker 8: detailed sort of way, and we will not reduce these 919 00:45:23,320 --> 00:45:28,560 Speaker 8: people in this humanitarian tragedy to salacious gore. But in 920 00:45:28,600 --> 00:45:30,839 Speaker 8: the remaining time, I wanted to ask if you could 921 00:45:30,840 --> 00:45:36,760 Speaker 8: impress upon viewers the scale, severity, reality, and human cost 922 00:45:36,840 --> 00:45:39,880 Speaker 8: of the pain and horror that Israel has wrought on 923 00:45:40,040 --> 00:45:46,120 Speaker 8: Palestinian men, women and children. No one who hasn't experienced 924 00:45:46,160 --> 00:45:49,200 Speaker 8: it themselves can truly know this pain and horror. But 925 00:45:49,320 --> 00:45:53,120 Speaker 8: if you could transfer your experience to others, if you 926 00:45:53,160 --> 00:45:57,600 Speaker 8: could grab people, buy the arm and have them experience 927 00:45:57,680 --> 00:46:00,760 Speaker 8: for a moment what you experienced. What would you most 928 00:46:00,800 --> 00:46:02,920 Speaker 8: want them to see and understand. 929 00:46:03,719 --> 00:46:06,040 Speaker 5: I mean, I think it's important to realize that every 930 00:46:06,120 --> 00:46:11,520 Speaker 5: aspect of life in Gaza has been destroyed, damaged and disrupted. 931 00:46:11,840 --> 00:46:13,919 Speaker 5: And I'll try to take it through a normal day. 932 00:46:14,160 --> 00:46:16,319 Speaker 5: I mean, you are not able to get up and 933 00:46:16,400 --> 00:46:19,359 Speaker 5: have breakfast because of the severe food insecurity. And we 934 00:46:19,440 --> 00:46:22,880 Speaker 5: saw this not just at the hospital but everywhere. Everybody's hungry, 935 00:46:23,000 --> 00:46:25,839 Speaker 5: everybody's concerned about where their next meal will come. There 936 00:46:25,880 --> 00:46:28,840 Speaker 5: are lines around the block for the partially functioning bakery 937 00:46:29,200 --> 00:46:31,360 Speaker 5: hoping that somebody can get a loaf of bread for 938 00:46:31,440 --> 00:46:36,520 Speaker 5: their family. There's no ability to rely on telecommunications. I 939 00:46:36,680 --> 00:46:40,480 Speaker 5: was there for eight days of a telecommunications blackout. We 940 00:46:40,520 --> 00:46:42,960 Speaker 5: could not communicate with each other, We could not communicate 941 00:46:42,960 --> 00:46:45,560 Speaker 5: with our families, we could not communicate with other doctors, 942 00:46:45,880 --> 00:46:48,280 Speaker 5: we could not let people know this is what we needed. 943 00:46:48,360 --> 00:46:51,320 Speaker 5: So many of these eight organizations are guessing what the 944 00:46:51,360 --> 00:46:53,800 Speaker 5: people need because they're not able to get that feedback. 945 00:46:54,000 --> 00:46:56,279 Speaker 5: In reality, the kids have not been in school for 946 00:46:56,360 --> 00:46:59,200 Speaker 5: five months. They are waking up every day and they 947 00:46:59,239 --> 00:47:01,560 Speaker 5: are not being able to go to school where they 948 00:47:01,560 --> 00:47:03,640 Speaker 5: can learn and they can kind of start working towards 949 00:47:03,719 --> 00:47:06,600 Speaker 5: their future. Nobody is able to work. Not even the 950 00:47:06,640 --> 00:47:09,759 Speaker 5: doctors in the hospital were getting paid, the nurses, the doctors, 951 00:47:10,120 --> 00:47:12,840 Speaker 5: None of these people are getting paid regularly. The banks 952 00:47:12,880 --> 00:47:15,000 Speaker 5: are not open. You cannot go in there and just 953 00:47:15,080 --> 00:47:17,560 Speaker 5: withdraw whatever money you had in your savings and try 954 00:47:17,600 --> 00:47:20,359 Speaker 5: to figure something out for your family. This is all 955 00:47:20,440 --> 00:47:25,400 Speaker 5: happening under the guys, under the backdrop of bombs being dropped, 956 00:47:25,760 --> 00:47:29,960 Speaker 5: of houses being destroyed, neighborhoods being leveled. There are I 957 00:47:30,000 --> 00:47:34,759 Speaker 5: saw a statistic yesterday that came out from UNISEF that 958 00:47:34,800 --> 00:47:39,520 Speaker 5: one in six children in the Gaza Strip are severely malnourished. 959 00:47:39,719 --> 00:47:41,880 Speaker 5: That means that their growth is going to be stunted. 960 00:47:42,040 --> 00:47:46,200 Speaker 5: They're going to have irreversible damage to their mental development, 961 00:47:46,280 --> 00:47:48,719 Speaker 5: to their physical development. They are not going to be 962 00:47:48,760 --> 00:47:50,920 Speaker 5: able to be to focus or to learn like they 963 00:47:50,960 --> 00:47:53,399 Speaker 5: normally would have if they were not starving to death, 964 00:47:53,480 --> 00:47:55,479 Speaker 5: if they were not thirsty the way that they are. 965 00:47:55,840 --> 00:47:58,000 Speaker 6: There's no clean water, so there. 966 00:47:57,880 --> 00:48:02,120 Speaker 5: Is infections running ramp through some of these displaced shelters 967 00:48:02,160 --> 00:48:04,600 Speaker 5: and the camps that are there. Hepatitis A that's a 968 00:48:04,640 --> 00:48:07,520 Speaker 5: diarrhea illness that many kids are suffering from, and we 969 00:48:07,560 --> 00:48:11,200 Speaker 5: don't have the capability to get them rehydrated to make 970 00:48:11,200 --> 00:48:14,879 Speaker 5: sure that they get back on foot. It's literally going 971 00:48:14,880 --> 00:48:17,319 Speaker 5: to kill some kids because we just don't have what 972 00:48:17,440 --> 00:48:20,240 Speaker 5: it takes. And there are already twenty children who have died. 973 00:48:20,440 --> 00:48:23,560 Speaker 5: You know, there's another statistic that came out, thirty seven 974 00:48:23,719 --> 00:48:26,960 Speaker 5: mothers die every single day in the Gaza Strip. There 975 00:48:27,000 --> 00:48:30,759 Speaker 5: are over twenty five thousand unaccompanied children. There are a 976 00:48:30,840 --> 00:48:33,439 Speaker 5: thousand kids who've lost a limb, at least one limb 977 00:48:33,440 --> 00:48:36,480 Speaker 5: in the Gaza Strip. Every single part of society has 978 00:48:36,520 --> 00:48:39,040 Speaker 5: been disrupted. There's no fuel getting in, so most people 979 00:48:39,080 --> 00:48:41,319 Speaker 5: are relying on donkey carts to pull them up and 980 00:48:41,360 --> 00:48:43,319 Speaker 5: down to get to where they need to go. The 981 00:48:43,400 --> 00:48:47,080 Speaker 5: sanitation facilities have been damaged and destroyed. An ICU doctor 982 00:48:47,120 --> 00:48:49,719 Speaker 5: who I work with to me, was complaining about how 983 00:48:49,760 --> 00:48:53,200 Speaker 5: his mother is in one of these internally displaced camps 984 00:48:53,280 --> 00:48:55,440 Speaker 5: and that she has to walk fifteen minutes just to 985 00:48:55,560 --> 00:48:58,200 Speaker 5: use the bathroom, and that she already is not stable, 986 00:48:58,200 --> 00:49:00,080 Speaker 5: and that he can't get her a walker because none 987 00:48:59,960 --> 00:49:02,439 Speaker 5: of that stuff is entering. You know, there are over 988 00:49:02,560 --> 00:49:05,000 Speaker 5: six thousand kids under the age of six who get 989 00:49:05,280 --> 00:49:08,160 Speaker 5: formula feed and that they are at risk because we 990 00:49:08,880 --> 00:49:11,760 Speaker 5: hope that those trucks that are waiting outside of Raffa 991 00:49:11,760 --> 00:49:13,920 Speaker 5: on the Egyptian side can get in and bring in 992 00:49:13,960 --> 00:49:16,960 Speaker 5: that formula that they need. I mean, every aspect of 993 00:49:17,000 --> 00:49:19,480 Speaker 5: life has been disrupted. And now we're talking about the 994 00:49:19,520 --> 00:49:23,719 Speaker 5: potential ground invasion and Rapha there are one point seven 995 00:49:23,800 --> 00:49:27,600 Speaker 5: million people there. You cannot cough without coughing on somebody. 996 00:49:27,640 --> 00:49:31,440 Speaker 5: In Lapa, you cannot do anything without bumping into somebody. 997 00:49:31,480 --> 00:49:33,840 Speaker 5: And we're talking about a ground invasion. It's going to 998 00:49:33,840 --> 00:49:36,840 Speaker 5: be a bloodbath. But these people have suffered so much already. 999 00:49:37,080 --> 00:49:39,400 Speaker 5: And the final thing that I'll say is that everybody 1000 00:49:39,440 --> 00:49:42,680 Speaker 5: has lost something. Nobody has been untouched. Everybody has been 1001 00:49:42,680 --> 00:49:45,800 Speaker 5: affected by this, but they haven't even gotten the chance 1002 00:49:45,880 --> 00:49:48,319 Speaker 5: to sort of process that, to grieve the loved ones 1003 00:49:48,320 --> 00:49:50,160 Speaker 5: that they've lost, to think about the homes that have 1004 00:49:50,200 --> 00:49:53,240 Speaker 5: been destroyed, and we keep pushing more and more trauma 1005 00:49:53,280 --> 00:49:55,920 Speaker 5: on them. There's a war after the war. That's what 1006 00:49:55,960 --> 00:49:58,600 Speaker 5: everybody in Gaza says. There's a war after the war. 1007 00:49:58,840 --> 00:50:01,160 Speaker 5: And it's because just if there is a ceasefire, and 1008 00:50:01,200 --> 00:50:03,919 Speaker 5: I hope there's one tomorrow, the work doesn't stop. In fact, 1009 00:50:03,960 --> 00:50:06,360 Speaker 5: The work is just beginning, and it's going to require 1010 00:50:06,400 --> 00:50:08,920 Speaker 5: all of us to do everything we can to provide 1011 00:50:08,960 --> 00:50:12,359 Speaker 5: some relief for people who are immensely suffering and who 1012 00:50:12,400 --> 00:50:14,640 Speaker 5: have not been given a chance at life. 1013 00:50:15,200 --> 00:50:18,880 Speaker 8: So that was doctor Thayer Ahmad. Doctor Ahmad is a 1014 00:50:18,920 --> 00:50:22,719 Speaker 8: Palestinian American er physician here in the United States who 1015 00:50:22,760 --> 00:50:26,400 Speaker 8: witness first hand the carnage and the Gaza strip during 1016 00:50:26,440 --> 00:50:30,279 Speaker 8: his recent medical mission at Al Nasser Hospital in Conunis. 1017 00:50:30,960 --> 00:50:33,040 Speaker 8: I want to thank doctor Ahmad for joining us, and 1018 00:50:33,080 --> 00:50:35,640 Speaker 8: I want to thank you all for watching this segment 1019 00:50:35,640 --> 00:50:39,680 Speaker 8: with breaking points. Please do subscribe to my news outlet, 1020 00:50:39,760 --> 00:50:42,080 Speaker 8: The Real News for more coverage like this. You can 1021 00:50:42,080 --> 00:50:46,120 Speaker 8: find links in the description of this video. I'll see 1022 00:50:46,120 --> 00:50:48,360 Speaker 8: you soon for the next edition of the Art of 1023 00:50:48,400 --> 00:50:52,479 Speaker 8: Class War. Take care of yourselves, take care of each other, 1024 00:50:53,560 --> 00:50:59,200 Speaker 8: Fight hard however you can to stop this solidarity forever