Trump: 'Great Time for Americans to Buy a House'

Monday, 31 Jan 2011 07:31 PM

By Jim Meyers and Kathleen Walter

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Donald Trump tells Newsmax he sees one bright spot in the still struggling U.S. housing market — this is a great time for Americans to buy a house.

“I can’t guarantee it, but I’m pretty sure this is right now a great time to go out and buy a house. And if you do, in 10 years you’re going to look back and say, ‘You know, I‘m glad I listened to that interview with Donald Trump,’” he says in his exclusive Newsmax interview.

“The good news is you get a good price. The bad news, the banks aren’t there.

“The banks have really let us down. Number one, they did some bad things and caused some bad problems. Number two, if you have something that you want to buy, like a house, they’re generally not there for you.

“So somebody has to get these banks moving.”

In an exclusive Newsmax interview, real estate mogul Donald Trump talks about a bright spot in the still struggling U.S. housing market. But he acknowledged that somebody has to get these banks moving, so Americans who want to buy houses can get mortgages.


© 2012 Newsmax. All rights reserved.

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