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Paul Julianat 27:43

I'd say that actually the place we felt it the most, believe it or not, is Saint Ana. You know, Saint An, you know, implemented a rent control about two years ago that is more ownorous than LA's. Really?

Paul Julianat 30:55

on rent control. And, you know, I brought in a lot of his statistics, and you know, they they laughed me out of I mean, they didn't even want to hear it. You know, it's I Stanford's done studies, everybody's done studies to show MIT that it it doesn't work. It's not good for a city. But when you have politicians running on that, you know, they're going to win and they're going to keep that in place and and the tenants are going to vote for it because, you know, tenants aren't going to hear the whole narrative.…

Paul Julianat 32:10

It doesn't allow for affordable housing to naturally take place. And so, that's why, you know, look at the rents in Santa Monica, you know, West Hollywood, that the rent control cities are the highest rents.