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Reason: None provided.

Putting a value on Mar-a-lago is kind of like putting a value on Babe Ruth's rookie card - It's value is whatever someone would be willing to pay for it and how much it would take to convince the current owner to sell. Example - how much did Musk pay for Twitter? 44-billion. No way it's assets where worth that much...but that's what it took for him to buy it. As far as a bank giving a loan against it as collateral - that's on the bank to figure out what they're willing to lend.

1 year ago
1 score
Reason: None provided.

Putting a value on Mar-a-lago is kind of like putting a value on Babe Ruth's rookie card - It's value is whatever someone would be willing to pay for it and how much it would take to convince the current owner to sell. Example - how much did Musk pay for Twitter? No way it's assets where worth that much...but that's what it took for him to buy it. As far as a bank giving a loan against it as collateral - that's on the bank to figure out what they're willing to lend.

1 year ago
1 score
Reason: Original

It's value is whatever someone would be willing to pay for it and how much it would take to convince the current owner to sell. Example - how much did Musk pay for Twitter? No way it's assets where worth that much...but that's what it took for him to buy it.

1 year ago
1 score