In Droves: Celebrities Sell Off Properties Amid Concerns Over Trump’s Economic Policies.

In Droves: Celebrities Sell Off Properties Amid Concerns Over Trump’s Economic Policies.

(The Americas)

As it trends.

As Trump’s economic policies continue to shake the real estate market, celebrities like Rosie O’Donnell and David Muir are offloading properties.

O’Donnell recently sold her NYC penthouse at a $1 million loss after relocating to Ireland.

Meanwhile, ABC News anchor David Muir has listed his West Village townhouse for $7.5 million, after purchasing it for $4.2 million in 2013.

Experts attribute these sell-offs to high interest rates, market instability, and tax concerns.

Some sellers in the area have struggled to find buyers, with properties selling for 20% less than their original asking price.

As Wall Street volatility continues, more high-profile individuals may follow suit.

The shifting real estate landscape raises questions about long-term financial security in Trump’s economic climate.

Yetunde B reports for Yeyetunde’s Blog.