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Trump Jr. on Apps, Real Estate

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    Donald Trump Jr. weighs in on the power of business apps and the current real estate market.

  • Duration 3:44
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And today.

Well -- every business Needham mobile app double trump junior says they are crucial for giving companies.

And as in his assets it's.

Again could see you welcome to Fox Business by the big her to visiting you own but protect you on appease this company called macro solved Perez it's business to business -- company yes -- big supporter they've been under fire problems patent lawsuits that there are approaching but they're completely behind these companies.

-- think it was some people are patent trolls some people are true innovators you gotta be able to protect innovation in this country.

Indeed late ninety's for twelve years ago before anyone was even thinking about.

You patents and mobile apps and communicating this with these guys came up with the technology to be able to do that take you.

That kind of foresight that kind of thinking really needs to be protected in this country -- someone does summing minerals as well that's a really good idea wanna copy don't wanna do that and to hell with you guys -- doesn't really work as -- you know that's not what our nation was founded on.

There is a difference between people that -- you or else they have in the first got to think of tightening Coke even though I have nothing to do with -- and would take -- dot com and try to hold these guys up from doing business that I'm totally against the people who were true innovators people who are really coming up.

With the technology that's driving the future.

That type of stuff has to be protected or were no better than what China does and what were complaining about them for doing all the time now -- macro solves main income stream these patent fees and and patent damages are do they have a top selling -- that they are actually innovators they create -- for business to business they're doing consumers have they're just launching something right now with TGI Friday's that's.

Allowing customers to pay and really the -- technology is the technology of the future is -- -- -- I look at it as realistic that's sort of how I got involved I was introduced by friends and -- -- -- from the -- -- about this.

Animal real estate guy and I like and everything back to real estate but.

You know today perhaps the most people important piece of real -- that someone can have this.

Really on their Smartphone and how author you when your phone every five minutes -- seeing it before we even go on the air on on doing the same thing accident now to be able to control piece of -- -- that -- yeah.

Is really critical for business.

Significant macro -- the names that mean they're going after united -- well -- hundred undergoing marry out of there going after provides a friend -- -- do you do support the you mentioned real estate.

That's a big piece of business for you has been for years and years -- and here we're talking a commercial real estate broker and not so hot and commercial -- -- especially in the New York area I'm curious if you.

Change your tune now well -- I think -- caveat it.

-- -- I wasn't necessarily so -- -- -- from an investment standpoint for ourselves threatening your money I see a lot of funds coming into the numbers that buildings are going for amazing I'm -- -- owner of real estate right now because where I see things you don't wanna see -- vs where buildings -- -- I'm saying.

I don't get the value sort of reminds me of two -- six and seven where things were little overpriced.

You know that said I think people are still high and real -- in New -- -- selling a great numbers I think the low end is doing quite well.

But I think New York is not necessarily.

Example -- the rest of the country where thing you know people can't get mortgages home values are very.

Well now I'm looking commercial real estate across the board it's very different depends you know if you wanna break it out into apartment buildings.

People are doing very well I think commercial office building in New York is doing quite well it probably shouldn't be doing as well as it is but it is.

Elsewhere in the country.

Not so much we're down the last like fifteen seconds I got a curve -- Korea China the -- that you own in macro sauls.

Did you put money in that company or did you take that stake in exchange for endorsing the late fifties and did the bottom won't know -- -- the company you.

OK well you curt answer -- you're doing several -- retail commercial property atop a little bit everything there weren't working in -- Well look families.

Out but I -- -- -- -- front yeah yes.

Anything you wanna tell Fox Business fears about -- house is just check it out next next two weekends -- get a big one coming up.

Cooled that's you know this weekend is gonna determine the two finalists and then the finale into -- -- Sundays from now so going to be.

Bond I never get -- your -- not -- this days are much good to be about great.