Every time you look at a house in Los Angeles, the real-estate agent will tell you that someone famous once lived there. It always seemed irrelevant to me: Does a property gain value just because Alfred Hitchcock used to eat breakfast there?
Our fathers were actually business partners in the same real-estate firm, and we got together and thought, How can we get a movie together and get distribution and create a new movie genre? We started by making satires of commercials.
I tend to look at Trump as a real-estate mogul. You look at a building and say, 'I'm just going to tear that down and build up something new.' He's not exactly Mr. Preservationist.
The best real-estate investments with the highest yields are in working-class neighborhoods, because fancy properties are overpriced.
I put $5 million into the real-estate business when the world was coming to an end, and three years later, by 1980, I woke up and was worth a hundred. That's a lot of money back then.
In addition to offering benefits to those who invest, carry out research, and create jobs, higher taxes on land and real-estate speculation would redirect capital toward productivity-enhancing spending - the key to long-term improvement in living standards.
The global boom in commodities fueled by a debt-financed infrastructure and real-estate bubble in China is over.
Donald Trump has been both a peculiar and characteristic American figure for more than three decades. Inheriting a small New York real-estate development company from his father, he parlayed it not so much into a big real-estate company, but himself into a fantasy of a big real-estate developer.