@WesleyFromFL
@seanmdav
It's weird how all these people are better at determining property value than the lenders who obviously did their due diligence before lending the money. I think they really believe that the banks just took Trump's word for it or something.
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If you think Mar-a-Lago is worth $25 million, you’re too stupid for words.
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@seanmdav
My absolute favorite take on this comes from the real brainiacs who did the math and found Mar-A-Lago to be worth $75mm, because obviously the property is worth the revenue it generates in three years..
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@tbrusletten
@WesleyFromFL
@seanmdav
They did. If banks did their own appraisals the the 2008 global crash wouldn’t have happened. They trusted ratings agencies and they generally trust wealthy famous known billionaires too.
Banks are full of humans with human nature.
Go figure.
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@tbrusletten
@WesleyFromFL
@seanmdav
Very strange indeed. Also it’s weird how he wrote so much financial info regarding this property in one of his many books…. 1987. They apparently don’t read books either 🤷🏻♀️
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