"Mr. Trump’s gleaming $850 million, 1,392-foot tall hotel and condominium tower, which has shot out of the ground in recent months complete with banners proclaiming his name along the edge of the Chicago River. "
"There's no question, the market has taken a serious hit and is slowing," Trump said. "But it's a great time to buy in our building because we aren't raising prices." (NYTimes May 25th, 07)
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Hey, maybe we need a "Trump Watch" blog. What a sleaze ball.
ReplyDeleteIf it is a great time to buy, why is he selling?
ReplyDeleteI live in Chicago. The oversupply of condos throughout the city is insane and there are still projects ongoing.
ReplyDeleteIsn't this the project that the first apprentice winner Bill what's his name was assigned to? Is he still working for Trump?
ReplyDeleteanother cheer leader for housing as if we dont have enough from David Lereah.
ReplyDelete"The Donald" has a great deal in common with FBs and flippers (at least in their future) Trump did go bankrupt at least once, but he hasn't Trupeted that fact, now has he?
ReplyDeleteRob Dawg said...
ReplyDeleteIf it is a great time to buy, why is he selling?
Because he built the building and needs to sell condos to earn money to finance the building of new buildings. Duh.
It's interesting to see that David thinks a few words from Donald Trump are more important than the recent news of more falling real estate prices.
ReplyDeleteUpcoming Data Releases:
The Q1 2007 S&P/Case-Shiller Home Price Index numbers will be released at 9:00AM EST on Tuesday, May 29.
The Q1 2007 OFHEO House Price Index numbers will be released at 10:00AM EST on Thursday, May 31.
He was fired...from NBC. they canceled "The Apprentice" recently.
ReplyDeleteSure, I want to buy from this guy.
ReplyDeleteGood one. "[W]e aren't raising prices." HA HA. Is he promising not to DROP prices?
ReplyDeleteWell, what's he supposed to say? "Don't buy my product?"
ReplyDeleteThats quite a change from "Buy now or be priced out forever" isnt it?
ReplyDeleteNo, but if he weren't lying he'd say, "The real estate market is crashing. Please help me cut my losses, sucker."
ReplyDeleteTrump Tower is really struggling in Chicago.
ReplyDeleteIt's true market is difficult but is a buyer's market, no wasting money in closing costs is a good thing, if you buy a house to live is a perfect moment. Why wait and pay more when the market get better, don try to be smart , be smart.
ReplyDelete