Real Estate Mega-Donors Abandoning Trump In Droves

Real Estate Mega-Donors Running From Trump Faster Than OJ Simpson In A Hertz Commercial. 

real estate mega-donors
Real estate mega-donors are running from Trump faster than OJ Simpson in Hertz commercial

President Donald Trump should be well ahead of his rivals in donations from real estate mega-donors. They historically give to Republicans by a 2-1 margin and industries favor a candidate who’s one of their own. 

Yet, it appears real estate mega-donors are running from Trump in 2020 faster than OJ Simpson in Hertz commercial.  Some find this surprising considering they’ve benefited from his regulatory rollbacks.

Political tensions with China and the cap on deductions for state and local taxes have hit real-estate markets hard.

Cityview CEO Sean Burton told Bloomberg:

There’s a lot of frustration with Trump’s policies. People in California were very upset about SALT. And there’s been a significant pullback of Chinese capital in real estate over the last few years.

Read more at MFI-Miami

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