General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhy does no one want Donald Trump's childhood home?
Nobody in New York wants to live in Donald Trumps childhood home. And with an asking price thats two times the Queens neighborhoods median sale price, who would? The modest 2,000-square-foot Jamaica Estates house, where Fred Trump raised the Donald, will once again face the hammer on Nov. 14.
The current owner, an anonymous Chinese investor, paid $2.14 million in 2017 for the slice of presidential history despite a median sale price of $980,000 for single-family houses in the area its likely that yet another investor, rather than a Queens resident, will offer the winning bid. As a house, its worth about $1 million, says Misha Haghani, the principal of Paramount Realty USA, which is handling the auction of the home for a third time. We arent selling real estate. We are selling a dream, a collectible, something that is meaningful to a lot of people.
The five-bedroom Tudor was even a flop as a rental. Shortly after the 2017 sale, the house turned up on Airbnb filled with Trump tchotchkes and the obligatory life-size cutout of the POTUS asking $725 a night. The Post even spent the night. With no hot water and a lingering stench of mothballs and lemon Pledge, it was no Mar-a-Lago.
This game of hot potato started in 2016, shortly before Trumps inauguration, when real-estate investor Michael Davis dropped nearly $1.4 million for the property 78 percent more than the $782,500 it last traded at in 2008. Art-of-the-deal-Davis then made a 54 percent profit flipping it to the current owner, who appears to be stuck with Chez Trump.
https://nypost.com/2019/09/18/why-does-no-one-want-donald-trumps-childhood-home/
alfredo
(60,071 posts)UTUSN
(70,686 posts)alfredo
(60,071 posts)From Oh that Smell
Oh that smell
Can't you smell that smell
Oh that smell
The smell of death surrounds you
doc03
(35,332 posts)it before I moved in.
renate
(13,776 posts)liberal N proud
(60,334 posts)lunatica
(53,410 posts)Eewww! Cough, cough, gag!
lastlib
(23,224 posts)Best bet: burn it. Level it. Dump the debris in the Marianas Trench.
lunatica
(53,410 posts)The wealthy despise Trump, and the ones who love him are despised by him. They cant afford to keep him and his spawn in their preferred lifestyle. If they only knew.
PoliticAverse
(26,366 posts)I like articles that answer the question they pose in the first paragraph.
Faux pas
(14,672 posts)money laundering maybe?
lunatica
(53,410 posts)Greedy types who see a sucker when they look in the mirror.
catrose
(5,066 posts)Well, no one who can afford $725 is going to stay here when even a Motel 6 has hot water and smells better, and the base doesn't usually have $725/night for travel accommodations.
keithbvadu2
(36,792 posts)guillaumeb
(42,641 posts)And make Mexico pay for it.
BlueStater
(7,596 posts)Put that on a sign on the front lawn.
912gdm
(959 posts)its a shame it has baggage
left-of-center2012
(34,195 posts)not_the_one
(2,227 posts)And sell tickets for people to watch and celebrate.
Just an idea....
TheBlackAdder
(28,189 posts).
.
whistler162
(11,155 posts)Obama Presidential Library
NAACP
Homeless shelter
Hermit-The-Prog
(33,342 posts)The kind way to describe the style of that thing is "eclectic".
What's with all the junk piled in that skinny ribbon of grass around it?
Just bulldoze it and make a mini park in its place. The more of Donald Drumpf that's erased, the less shame for all of us.