J.D. Vance

What do you think about that?

I said, bro, what kind of math do you do?

Okay.

You have zero there.

You should be paying no taxes until you have a house again.

What's wrong with you?

These people are crazy, bro.

So my home is not burnt down, but there will be somewhere between three and $15 million worth of damage to get rid of the smoke.

FEMA came out and said, Mr. Cardone, if you spend more than $1, more than 50% of the property's value, not the land's value, just the house's assessed value, if you spend $1,

More than last year's assessment, you need to scrape the house to the ground.

You've been saying this, by the way, about the septic tanks.

You need to scrape the house down to the ground, remove the structure that is in perfect condition to raise the house 13 inches higher because of the new floodplain laws by FEMA.

Now, as you know, Carbon Beach and Malibu have never had water threats, never had flood threats.

I have never had water on my deck.

They're going to force me to spend $60 million.

if I spend $1 more than last year's homes assessment.

More than 50%.

Then I have to remove 26-inch concrete slab.

My entire house is a 26-inch.

It's got 32-inch islands, 35 feet into bedrock.