J.D. Vance

Oh yeah, I'm going to be able to rebuild.

I said, no, you're not going to be able to rebuild.

By the time the rebuilding starts, the inflation on labor and materials will be so high that it could cost three or 4,000 a square foot to rebuild your home.

There's no fast track process.

There's no expediting.

There's the Coastal Commission, by the way, has not been involved, by the way, by the city of Malibu.

So, see, the city of Malibu will still have to check with Coastal.

Coastal is run by, as you know, 12 people.

The Coastal Commission controls 1,100 miles of coastline in California, 1,100 miles by 12 people that meet 12 times a year.

Very angry.

Well, wouldn't you be?

They're nice to you.

They say, we will give you one.

We're going to meet on this 90 days.

And then when you go back, they're like, we had too many to meet on in that 90 days.

So there'll be another 90 days.

And if you're rich, they figured out how to screw you.

Cause they're like, yeah, Mr. Cardone, you'll get one.

It'll be seven years.

You can rebuild.