Find the moment you remember.

Steve Ludwigat 32:14

No. Arthur Win Communities on the East Coast. Uh one of the if not the biggest affordable housing developer and manager in the country. Um you know, I fortunately got to know him as a kid. Uh, and uh, and uh, over when I first started real estate, I would call Arthur and I would just ask him advice and he would give me like two or three words. Yeah. You know, like in 2007, I bumped into him in Nucket. I was like, Arthur, it's so great to see you. I was like, what do you think of the market? And he goes, "Cash is…

Steve Ludwigat 21:51

…are like invest invest invest because beyond that so to to uh uh the government says uh you should spend no more than 30% of your income on housing. Mh. So to be able to afford that $900,000 house, you have to make $200,000 a year. How many people in California of 39 a.5 million residents we have, how many people in California make over $200,000 a year? The answer is 2.6 million.