So

if you could kind of walk me through it step by step, jus going to break down the micro economic and senten tormi soli take a place like detroit, rit the place that presumably needs rescuing. Now, you know, i could you compare kind of the incentives of the status quo system and then talk about how an l v t might help rescue, say, detroit, the same way it did these other towns. He said that it t, it helped with, you know. And soiso i can cind of like understand how it makes that difference, even if the populations tik ao.

And in the general sense, detroit is interesting because so much of the city is now owned by the government that that a sort of their reflective reaction to the collapse of the auto industry. And therefore the city choga county saint louis the same thing. And government really doesn't have any strategies for getting that land back on to market. And it's sort of like land banks. That's the new flavor of the month. And a land bank is going to collect the land that's been abandoned. They're going to put it together, assemble parcels, and then, but it's like catching release, and then they're going to put that land back into the same polluted stream of bad taxes and anti capital and anti labor policies. So in the micro sense, half the city is owned by the government, and they don't have any clue how to get it back onto the tax rolls, even though it's still the interest structure still surverves it. And in the other context, what you've got is pennies on the dollar is what it costs to sit on a vacant lot. And by land, they ain't making any more of it. That's in one of the oldest and hoariest cliches, but it's true. A in detroit, the saviour, corporate saviour, of detroit, is the guy that owns quicken loans. And what's he doing? He's buying hundreds of parcels a doche bank. Right after the two thousand eight recession, they bought hundreds of almost abandoned, almost worthless lots in cleveland and pittsburg. Why would they buy it? Because the holding price is pathetically so small. There's really no reason to do anything with it except to sit on it. And cities don't have time for that. People don't have time for their neighborhood to burn down around them until they're the only house left, and the rest of it are absentee landlords. I think that flipping the script on absenteeism, speculating on speculation, is is key to the to unlocking this land. It's locked up either by government thats had of ideas, or it's locked up by people who know a great investment when they see it.