For the record, I think it was 1 million that his father loaned him.
For real estate in New York, that's a tiny, tiny amount of money.
$14M was not even all that much money back in the day considering the success of the family. Old man Drumpf wanted to make his kid work for it I guess. Turning 14x10^6 into 10x10^9 is not to shabby even if it took years and there were some touch-n-go patches.
I actually expected a lot more dirt to come out on the Donald by this time, particularly as he played around with casinos. So far, the only thing I heard was that he overplayed for some concrete to 'work with' the mob/union contingent once. One would think that if there were a lot more, Hillary would not have had to dig back to 1973 when Daddy Trump was still kicking and everyone and there brother was getting sued by the feds for being mean enough to want their rent to be paid (which I suppose to be at the heart of the matter.)
It looks to me like it is possible to make bucks in the building business in two ways:
- Low income residential, where being a HUD-linked crony capitalist is the way to succeed.
- High income. What Trump migrated to.
If you ask me, Trump figured out how to fairly tax the rich by observing that they would willingly pay absurd amounts of money to hit a little white ball around and chase after it. That they will fly their private jets around the world to do so benefits a whole swath of citizens. Kudos to him for doing it as 'right' as seems morally possible in our immoral world.