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Taylor Avakianat 48:38

New tax dollars, new investments, new people, affordable housing. Right? Like let's let's make it a little bit easier for us to do what you said you need to do.

Taylor Avakianat 49:03

…at in that whole pendulum swing, but I'm really hoping so because uh I mean, you know, 2 weeks ago there was a a vote that changed the way that RSO housing is rental increases, and I did a video on um, 1920s buildings. And I've historically, that's where I started my business was selling a lot of these brick buildings in Koreatown. And that's some of the most affordable housing in the city. And they just basically chopped its knees off by not allowing it to have the excess rent increases because it's master…

Taylor Avakianat 50:00

…how about you run this and you lose money? And um we're going to make it so you lose a little more money now coming up. So, thank you for providing affordable housing. It's like, no. No one in their right mind is going to be Uh you know, giving losing money on an investment. These are investments. There's risk associated with that. Um Why would anyone spend their money to go and do that? And it it just kind of baffles me that These are these are the decisions that are being made by uh people who say one thing and…

Nadine Wattat 44:44

…a little more geographically. I have investment in City of LA through I'm a co-GP with a group called Thrive and they're doing a lot of workforce housing, I'll say, not 100% affordable with a capital A, but workforce housing. And um, I have a couple hundred units that I'm developing in Waikiki under Bill 7. They're, you know, have a very tax-friendly um, mandate and are really working. Obviously, I have a partner on the ground there that makes that feasible, but um, and it's it's workforce uh I think it's 80% AMI,…