Commercial Estates

Donald Trump, one of the US’s leading commercial developers turned TV celebrity has spoken on the current status of developemtns in the US and says that the opportunities for world-class developemtns has moved overseas in such areas that are still to see the cutting-edge developments that most US city’s already have.

“The problem that I see with the United States is that we’re no longer respected, we really aren’t,” lamented Trump, pointing out that there is plenty of blame to go around, starting with the political leadership. “I think that [perception] can be changed. We have the greatest people, the greatest businesses.”

We now hear of cutting edge and fast paced developments in Russia, China and India where the happenigs have shifted to and he blames the government for that eventuality.

The problem is that the U.S. has diplomats negotiating trade agreements with China and Japan, not seasoned business professionals and deal makers, argues Trump. “I’ve watched this for years, where Japan would just rip us. By the way, they [the Japanese] tell me, ‘I can’t believe we’re getting away with it.’” It’s much the same with the Chinese, says Trump.

Excerpts from NREIOnline.com, one of the leading real estates news portals around.