Frederick Chin, who was qualified as an expert in real estate valuation, argued that Donald Trump used the “as if” investment value of his properties, rather than their current “as is” market value. According to Chin, the “as if” valuation perspective allows a real estate developer to consider the long-term development plans of a property when determining its value.

  • I_Has_A_Hat@startrek.website
    link
    fedilink
    arrow-up
    53
    ·
    edit-2
    10 months ago

    Yes, I’d like to trade in my car. No, the transmission doesn’t work, but please value it as if it did because I forsee it being fixed in the future.

    • seaQueue@lemmy.world
      link
      fedilink
      arrow-up
      21
      ·
      10 months ago

      More like: I’d like to trade in my $2200 shitbox, but I expect said shitbox to become a vintage collectible over the next few years so I’m going to need you to credit me around $45000. No low ballers, I know what I have.

      • 800XL@lemmy.world
        link
        fedilink
        arrow-up
        10
        ·
        10 months ago

        I cant tell you how many Craigslist ads I’ve seen for an old car where the chucklefuck seller said something to the effext of “I’m asking for 5x what this broke down car is worth because I’ve seen them go for 10x what it’s currently worth when you restore it. It’s only fair I get part of that.”