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.
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.
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.”