The Guardian says:
The quarter-acre parcel brings in no income, has no natural resources and has environmental restrictions. So why does the president still maintain it? ….
It’s a quarter-acre lot of overgrown woodland in one of Florida’s poorest counties that the US president has owned and paid property taxes on since 2005 …
The plot brings in no income, has no roads, pavement or immediate prospect for development, and provides an environment that is friendly only to the swarms of mosquitoes that thrive in the humidity of the scorching Florida summer. …
The circumstances of Trump’s acquisition of the land, meanwhile, are equally as bewildering as his reasons for maintaining it for more than a decade. It was effectively gifted to him for $1 in July 2005 by a woman named Nazeema Carrico, who was listed in Palm Beach County records as the owner of a photographic studio specialising in adult lingerie shoots.
Carrico owned the land for only a few weeks, having bought it in June 2005 for $3,300 from a man in Ohio, who died earlier this year.
So is this the m/billionaire equivalent of a loose penny in the sofa, or is it where they bury the bodies?