Wednesday, June 21, 2017

Trump Condo Prices Are Dropping Faster Than His Approval Ratings


Donald Trump’s business fortunes have ebbed and flowed over the decades, as he’s tried to break into gambling, airlines, television, steaks, and golf courses. But the core of his empire has always been selling real estate, and it suddenly appears that business could be struggling. Trump’s 2017 personal financial disclosure, released on Friday, shows a decline in condo and land sales from his previous two filings. Moreover, in the past six weeks his company has slashed the listing prices for several of his high-end New York City condos.

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