THE BASIS POINT

Real or Fake? Trump Quotes On Homebuying & Real Estate

 
 

In case you missed it last weekend, The Donald gave a speech to the National Association of Realtors, and it’s full of half thoughts, non sequiturs, and real estate glory day gems.

So here’s a game for you Apprentices out there: which quotes from the speech below are The Real Donald and which ones are Fake News?

Tally up your score and I’ll tell you below how tuned in you are to our president’s mind. Be best…

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“I feel like home. Realtors. Realtors. Great business. We love that business. I love that business. Every time I go down in this incredible Beast — you know what the Beast is? The world’s most expensive car. It’s really not a car; it’s an army tank that rides better. But it’s something. But I look at the real estate. I’m always looking at the real estate. I don’t know, I’ll never get it out of my blood. It’s in our blood, right?”

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“I want to thank my friend. He was my friend — my competitor for a while, but he was still my friend — Secretary Ben Carson for his tremendous leadership. Where are you? Stand up. He’s a great guy. When I put him in charge of HUD — first of all, he’s a very smart guy, very adaptable. I said, ‘Ben, what do you know about real estate?’ ‘Not much.’ ‘How would you like to head HUD?'”

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“You know, we did regulation cutting, where you couldn’t build jobs, you couldn’t build anything. You’d have a puddle on your land and they considered it to be one the Great Lakes of the world. It’s true. You’d have a puddle, and if it formed more than twice a year — a puddle. We used to call it a ‘puddle.’ They called it a ‘lake.’

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“I’ve never seen anything like this. It’s a building, but it’s all pipes inside. All pipes. There’s no space. It’s all pipes. They didn’t use any space, Ben.”

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“The great farmers, and manufacturers, and steel plants will make our economy even more successful than it already is — if that’s possible, which it is possible.”

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“The unemployment numbers are great, but the employment numbers are even better. We have the most people working today than at any time in the history of our country. We have almost 160 million people working.

And many of those people are going to go out and buy a house. Right, Tracy? They’re going to use you as the broker. They’re going to call — ‘Tracy, I want to buy a house. And I won’t pay you 6 percent, Tracy. I won’t.’ ‘I’ll pay you 1 percent.’ I was famous for that.”

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“Even as President, I ride down those streets, and I say, ‘Wow, is that place nice. Wow, what could you do with that? Look at that site.’ And then I said, ‘Wait a minute. I have to deal with China. Forget about this now.'”

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“Women filled more than 60 percent of all of the new jobs created over the past year, so I think the men should sue the women for discrimination.”

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“Think of this: This train was going from San Francisco to Los Angeles. Now, the price had to be very, very high — much more expensive than Southwest Airlines, which goes in one-third the time. So I said, ‘What a minute, what are they doing? You got an airline that goes from San Francisco to Los Angeles much faster, and it’s less money. So how does this work?'”

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Hey Spencer here. Sorry my Apprentices, I pulled a fast one on you—none of these are Fake News. Our president said every last word of this verbatim. Check out the whole script for yourself below, and think of what Apprentice catch phrase your boss would use on you if you gave a public speech like this.

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Reference:

President Trump’s remarks at NAR conference in full (Inman)

 

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