JarVanka has a sad.....

[dixiegrrrrl]

She owns a 2 bedroom condo in Manhatten, had it up for sale, no takers, so decided to rent it out, @ 15K a month,,,no takers.
reduced price to 13K a month..no takers
now is asking 10, 500 a month rental.
She and hubby are paying $15,000 a month for their Wash. DC apt.

https://www.mansionglobal.com/articles/75771-ivanka-trump-lowers-rent-on-manhattan-condo-by-30?mod=mansion_global_articles_en_wsj_home

Also..same site link....Trump Tower condos are going on the market, but no takers.

For some reason, the name Trump is not as lustrous to buyers as it once was.

[Denzil_DC]

1. So you're saying she's inherited her daddy's financial acumen? n/t

[BigmanPigman]

2. The owners of condos in one of his NY properties

can't give their condos away. All the owners even got together to have the moron's giant name removed from the building hoping that their property values would improve...Keith Olbermann had to take a loss on his place in the building when he sold it.

[lunamagica]

5. Kith Olbermann bought a condo in one of trump's buildings?

[ProfessorGAC]

20. Yes, Quite Some Time Ago

He has made statements about regretting it.

[Binkie The Clown]

3. Yikes! I set aside $100 a month to pay my property taxes at the end of the year. That's it.

That's the whole of my housing costs. No mortgage, no rent. That kind of monthly rental is just beyond my power to imagine.

And they have no idea whatsoever how disconnected they are from reality. That kind of obscene wealth should be illegal.

[sarcasmo]

4. Agreed. I'm looking at some cheap property in upstate Wisconsin. Can't imagine 10 grand a month.

[Binkie The Clown]

9. Disclaimer: I spent 50 years of paying mortgages to arrive at a mortgage-free situation. nt

[TxDemChem]

13. I cant wait to reach your level

We just bought our first house. We aspire to be in your shoes by the time we retire

[sarcasmo]

26. I'm paying cash for a small cabin.

[dixiegrrrrl]

27. Too bad your state does not have a Homestead Law.

We do not have property taxes, which are only around 350.00 a year, because we are over 65.
Another argument for retirees to move to the South, I know Fla and Tex. have Homestead laws.

[gratuitous]

6. I prefer to call them IvanRed

Just sort of encapsulates them better in my mind.

Gee, I wonder how much longer they can continue to work for nothing with that kind of housing cost? Maybe they should be looking for a more affordable place?

[notdarkyet]

11. They get plenty of money from the taxpayers. They work at the wh and instead

Of golfing they go skiing on the taxpayers.

[karynnj]

23. That is clever.

Much better that the usual combination.

[Cracklin Charlie]

7. Bless their hearts.

[democratisphere]

8. I feel so damn bad for them.

[oasis]

10. Slow crumble. I'm loving it.

[dixiegrrrrl]

29. ohhh..there's a good marketing name.

Slow crumble cake. Orange cake with crumble topping.

[oasis]

32. He's mumblin', bumblin', stumblin', tumblin' and crumblin'.

[dawg day]

12. It's really clear these people aren't as rich as they say

Jared was claiming he had $300 million.
Trump says he has $10 billion.

As Mark Cuban (actual billionaire) pointed out-- they do not act like billionaires. Billionaires might spend many millions buying senators on the tax bill, but they don't hawk water and real estate courses....

Or bother to rent a condo out temporarily.

And really, don't they have 3 kids? If you were rich, would you have a 2BR condo when you have three kids?

[secondwind]

14. They bought a house in MD or VA in a swanky neighborhood.

I’m guessing the condo is for “late nights at the office” etc.

[JI7]

16. is the house the one they bought or were renting from some wealthy foreigner that is suing the US ?

[dixiegrrrrl]

30. renting...15,000 a month.

read that this morning.

As for wealth, it turns out you can claim to be worth whatever your debts are. More loans/mortgages you have, more you are "worth"..
It's like when you read about movie stars "bought a 1.5 million dollar" home. They pay a mortgage same as you and me, not the entire price of the house at once.

[Sancho]

22. Maybe the condo is for extra affairs?

"Dear, do you have the kids or the condo this weekend?"

[uponit7771]

17. "but they don't hawk water and real estate courses" I know people who don't have near their stated

... funds and are rich and don't have any of that kind of mindset.

Trump University !?!

They sound broke minded

[ProfessorGAC]

21. 10 Billion?

You sure about that. While i don't believe the number "it" stated, it was something more like $4.8 billion. Then Forbes came along and stated that they doubted it was over 4.

Then the privately held company was recently reevaluated, and the equity value fell over 8 billion dollars.

The truth appears to be that the net worth is under 10 figures in reality. But, i don't ever remember seeing either "it" or any other source say $10 billion. The FIRM had 10 billion in assets, but given the mountain of leverage under which they operated, the net equity was always WAY lower than that.

Sort of makes your point, though. They do these things because they aren't worth anything close what they claim, and they really can't afford their lifestyle of the rich and shameless.

[Achilleaze]

15. She could always turn it into a shelter for human beings who are homeless

That would be good.

[crazycatlady]

31. nobody with the last name Trump would do such a thing

[DFW]

18. Hey I might be interested in that apartment. Just reduce the rent a little further

Like, say, to $175.

[mnmoderatedem]

19. I see a gofundme page resulting from this

and sadly I'm only half kidding

[Vinca]

24. Maybe she'll get a taker if she removes the table centerpieces.

Thanksgiving looked like throwaway day at the local thrift store.

[onethatcares]

28. what??????

you don't have a giant white clam lying around the house just waiting for some pine cones?

Sheesh, don't even think of renter her condo

[IronLionZion]

25. You too can make billions in real estate. Learn all about it at Trump University