December 5, 2020

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How has President Trump’s presence afflicted Palm Beach serious estate?

8 min read

President Donald Trump’s election in 2016 quickly cemented his status at Palm Beach’s most-renowned snowbird.

President Donald Trump leaves the voting area with Palm Beach County Supervisor of Elections Wendy Sartory Link. The president cast an early ballot for the 2020 presidential election at the main branch of the Palm Beach County library on Summit Boulevard.

And quickly media coverage of the new president at his wintertime White Residence — the historic and lavish Mar-a-Lago mansion he turned into a personal club in 1995 soon after possessing it for 10 decades — confirmed the earth a little something Trump’s neighbors presently realized: Authentic estate in Palm Seashore is a very massive deal.

Immediately after all, the town is a area in which a lot more than 40 Forbes billionaires, together with Trump, have households and exactly where grand estates routinely provide for additional than $20 million. But has real estate in city turn out to be an even more substantial deal about the previous 4 several years since of Trump’s existence?

The respond to isn’t crystal clear lower, whilst serious estate observers agree that the president’s existence elevated Palm Beach’s identify recognition around the world and attracted a lot more sightseers, many thanks to information protection of his repeated visits all through the tumble and winter season.

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