The Home Front

Donald Trump Pulls a Slowdown Flip

By Luke Mullins

Posted: July 17, 2008

As American families are tossed out on the street, once-proud neighborhoods turn to plywood ghost towns, and financial markets undergo a terrifying buckle, the housing crisis has been business as usual for real estate mogul Donald Trump.

From the Associated Press:

The real estate market might be slumping, but not for Donald Trump, who sold his Palm Beach mansion for $100 million, his spokeswoman said Wednesday.

"In an age of so many people getting hurt in real estate, it shows that you can still do well in real estate," Trump told The Associated Press in a phone interview.

His spokeswoman says $100 million is the most ever paid for an estate in the U.S., though there is no way to verify that claim.

Russian fertilizer billionaire Dmitry Rybolovlev purchased the roughly 60,000 square-foot oceanfront home, which Trump fixed up after buying it for about $41 million in 2004.

Say, Trump, while you're here, is there any way I could get you to whack me in the bridge of my nose with a rolled-up magazine? (Roll it up real tight and wait until I'm not looking.)

Oh, and please keep me updated on how well things are going for you.

need help from Trump????

Trump is not going to give money to anyone. Rest assured he will sell Ed's house for a profit when he dies. Judy, check out these websites instead.

http://www.grant-kit.org/housing.htm?OVRAW=NULL&OVKEY=NULL&OVMTC=content&OVADID=13707357012&OVKWID=0&ysmwa=BAFElJHKv1uvn1QjeGZLcgkBq2MlkPdi2yqk6XXZoYMOYJmtpJa58_iVIQNvFZoJ

https://secure.securesiteorders.com/g-f-s/16/?subid=1456&subid2=6329

Mike S of TX @ Aug 22, 2008 18:56:18 PM

Education

Judy, first you need to learn to write and spell in English, or maybe you need help with your dyslexia - not sure which. There are programs where you can probably get help with either of these issues, and then your job prospects will greatly increase. If your post above is any indication of your communication skills, you will be in low paying jobs and struggling financially for a very long time.

of CA @ Aug 22, 2008 16:57:50 PM

information

That is nice of Mr Trump how helped out Mr Mecman. Can you let me know if Mr Trump has programs where he helps out Regular pepole out, or dose he have foundation one can apply for. I am a singel mom have worked 2 jobs for 12yrs to support my family. never rececieve child support. I would like to pay off a few bills just to one have to work one job not two I am so tired and seem never to get a head and barley get by. Please send me some information if you have any. Thank you so much. Judy Prieto

Judy Prieto of NM @ Aug 18, 2008 16:02:11 PM

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The Home Front

The Home Front

Associate Editor Luke Mullins tracks the treacherous housing market and explains how to unload a five-bedroom McMansion or even find that dream home.

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