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.
Bigly
“Everybody’s saying it’s worthless. Do you believe that? But I say it’s worthmore. Worthmore, because the great American people say it’s worthmore. I was having dinner with Abraham Lincoln, and do you know what he said to me? He said, ‘Sir, I wish I could live where you live. I’d pay five billion dollars to stay just one night in the home of the president.’”
“Sir, you’re holding up the drive-thru.”