Edited by Benton E. Gup
Chapter 12: International real estate investment
Which is more relevant to the forty-fifth U.S. President Donald J. Trump – the White House or Trump Tower – as the symbol of the U.S. President’s residential and office home? In this instance it is not an either/ or situation. As Donald Trump carries out his many presidential functions, he uses both premises to perform his duties as father, husband, chief executive of the United States, Commander-in-Chief of the U.S. armed forces, and general manager of his vast international commercial real estate enterprise that is headquartered in New York’s Trump Tower. President Trump boasts that he can manage, at the same time, the business and social affairs of both the American government and his vast international real estate empire. However, the restraints of government– business conflicts of interest reduce the possibility of this government–business reality. Other individuals who run international real estate empires from the United States, Japan, United Arab Emirates, the United Kingdom, Australia, and other countries face similar international real estate challenges, but to date they have not managed their international real estate ventures while, at the same time, managing national government affairs as the national leader. In this instance, the U.S. President is acknowledged the political and administrative leader of the free world. No other government leader has been faced with this unique task.
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