Trump Snubbed by His Industry as Real Estate Pros Give to Biden
- Giving to president is propped up by a California developer
- Others hang back as promises on infrastructure go unfulfilled
Donald Trump attends the Trump International Hotel Washington groundbreaking ceremony in 2014.
Photographer: Kris Connor/Getty Images
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Four years ago, Donald Trump thrilled the real estate industry as he ascended to the White House, calling himself the “builder president” and promising a trillion dollars of infrastructure spending.
Since then, while his tax overhaul kept breaks for investors like himself, it stung home buyers in many states. The blitz of spending on public projects fizzled. The pandemic and languishing talks for stimulus left much of the industry struggling.