Trump Property COLLAPSES In Devastating Financial Bombshell #TDR
February 24, 2024
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4:28Trump Lawyer CRUMBLES In Full Panic With Courtroom Attack On National TV
5:41Now PlayingTrump Property COLLAPSES In Devastating Financial Bombshell #TDR
YouTube Description
as posted by the channelDonald Trump gets rocked with the bad news as new reporting reveals Trump branded properties are nosediving in sales compared to the properties that had his name removed from the building, proving devastating truth if he needs to start selling assets to pay legal bills. John Iadarola and Rayyvana break it down on The Damage Report.
Read more here:
Trumpbranded properties are selling for far less than buildings that removed his name, report says
"Condominiums in Manhattan branded with the name of former President Donald Trump are selling for far less than buildings that have removed his branding, according to The New York Times.
The newspaper referred to sales data from two real estate tracking firms, coupled with an analysis conducted by Columbia University economist Stijn Van Nieuwerburgh.
Examining a one-year period from when Trump was elected president in 2016, condos in Trump-branded buildings went from being sold at a 1% premium to being sold for 4% less than similar units without the logo, it found.
Van Nieuwerburgh told The Times that this indicates that Trump-branded condos became a "bargain" in the Manhattan real-estate market."
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