Sell It All! Trump’s Plan to Profit from Federal Real Estate Is GENIUS

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Sell it. Sell it all. That was a bit of a scene. The movie Margin Call, my favorite financial movie. And at that point, they were talking about selling off their distressed real estate portfolio, asset portfolio, mortgage-backed securities back in 2008. Sell it all. Sell all of this government, I call it government real estate taxpayer.

Real estate. You see, all of us here, own, we own a lot of real estate. We own a lot of real estate around the country that continues to depreciate day after day after day. Real estate that we have to spend money on to keep up for no reason whatsoever. Donald Trump has ordered, ordered all federal employees to in-person work.

God bless them. You do realize that that 6 % of federal workers show up in person. Not a single government agency is occupying even half of their office space. Let me put this into perspective. People have been to Washington, DC. I gotta go back there again. my son’s got a game against Georgetown.

But anyway, here are some massive buildings in DC. The forest all building Department of Energy over a million square feet.

If it was at full capacity, you could have 4,838 workers there. The average occupancy, this is the Department of Energy that doesn’t create any energy. Remember Jennifer Granholm with her little tour around the country? There is either little workers falling around not letting ordinary Americans charge their vehicles, eight people.

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people. And I’m going to second agency for global media, whatever the hell that is. What over 700,000 square feet. Estimated capacity 3431 people 72 people average occupancy Department of Agriculture. Yeah, yeah, because they grow a lot of stuff there in Washington DC.

1.5 million square feet capacity of 7400 average occupancy 456 people Veterans Affairs Veterans Affairs 480,000 square feet capacity 2400 daily 172 172 on any given day what will go with the EPA

APA 478,000 2300 occupancy about 195 people a day I could go on and I could go on I can go on that’s amazing

Just the, what a sin this is, how wasteful it is. What could these buildings actually be used for? Take a look at the homeless problem we have in this, a million different things, but quite frankly, sell it all. The group in charge of this, the General Services Administration, they,

They’re the federal agency that owns, manages, and leases much of the government’s real estate. They were the ones that actually allowed Trump to take over the old post office, which he turned into the hotel and then flipped it and he made a fortune on. Their portfolio of federal buildings, 370 million square feet nationwide.

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Many of them have been poorly maintained, they say due to lack of funding, or sitting empty or underused.

Trump is considering selling two thirds of the federal government’s office stock to the private sector. Sell it. Sell it. Three quarters of the 70 million square feet of office space that the GSA leases from private landlords in DC is also to be canceled. We have all of this empty office space, but we’re leasing space as well. Why does that happen? Why do think that happened?

yeah, yeah, donors, real estate developers in the DC area buy up building. our building is fancier. I wrote you a check. lease my building for me. Keep my bullshit real estate portfolio afloat. who do we got in the Wall Street Journal article? Yes, Democratic real estate developer Don Peoples.

Yeah, long time Washington DC based developer. I hope you get wiped out.

I hope you get wiped out. he’s worried. a sharp rise in GSA canceled leases would pressure DC landlords, many of which count on the GSA as an anchor tenant. Why? Why are we renting office space when we already have office space?

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BLOW UP!

Sell Mortimer, sell, a GSA spokesman said. GSA continues to work to right size the federal portfolio.

What? Right size? We’re committed to optimizing space in federal buildings. You’ve got office buildings with 11 people showing up that are over a million square feet.

The GSA has also been working to reduce the real estate it owns as more of its buildings deteriorate from a lack of maintenance. Hey, hey, hey, listen. Knock them down, plant trees. I don’t care. Anybody care? You knock down these old, ugly, government-ass buildings, like out of some sort of socialist, knock them down and plant trees. There you go. You want to suck up some CO2, leftist?

Knock them down. here’s people’s once again. Much of what it can sell, people said, will likely be at fire sale prices. That could drag down the worth of other DC office buildings, which have already plunged in value in recent years. I don’t care, Don, about your bullshit real estate portfolio that you guys keep afloat with other bullshit. Okay? Sell it all.

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Buildings will sell for 30 cents on the dollar. Good. Good. I don’t care. It will be awesome. Awesome. Want a funny story as well? Mar-a-Lago. Yeah, Mar-a-Lago. know, let’s talk about Mar-a-Lago, shall we? Donald Trump. Donald Trump took over Mar-a-Lago.

Do you know that the GSA had it? The post family from post serials gave it to the government. The government couldn’t run it properly. So Trump bought it from them at a fire sale. Genius. Genius. Listen to this one. The GSA building, regional headquarters in El Alot Plaza, a million square foot office building.

is the largest property the GSA is looking to shed. It’s been empty since 2018. it needs extensive renovations that would cost $185 million. Sell it. Sell it all. Again, this would be fantastic getting government down to sell. God. Get rid of the swamp. All sorts of good stuff happening.

keeping my fingers crossed. Watchdogonwallstreet.com.