|
CNBC'S MOST SHARED
- 'We're in the Middle of a Crash': Black Swan
- SEC May Reinstate Rules for Short-Selling Stocks
- The Rising Mountain of Debt May Be the Next Crisis
- Latvian Banker Taking Souls as Collateral
- A Goldman Trading Scandal?
- Alaska Governor Sarah Palin Will Resign
- Cuddle Parties Heat Up
- The Worst Expected 2010 State Budget Gaps
- NY City Apartment Sales Down More Than 50%
- A Goldman Trading Scandal?
- Top Videos: From the Black Swan to the Bond King

- Obama Plan Would Trim Back Financial Powerhouses
- Biden: 'We Misread How Bad The Economy Was'
- FedEx Sees Signs of a Turnaround: Report
- Property Tax Appeals Take Toll on Governments
- Chrysler Names Remaining Directors to New Board
- Car Dealer Determined To Fight Chrysler Over Franchise
- 'Ice Age' Heats Up Worldwide Box Office
- Fireworks At Pharma's Market
- Value of Warren Buffett's Annual Gift to Gates Foundation Falls Along With Berkshire's Stock
- Michael Jackson: The Music And The Money
- Five Stock Picks for This Market
- Realities of the New Obama Refis
- Weak Dollar Means Gold at $1,040: Strategist
- Court Ruling Could Mean Trouble for TiVo
- Lance, Please Back Out Of Tour
- TeleMedicine Gets An Apple App Store Facelift
Business magnate Donald Trump recently sold a house in Palm Beach for $100 million, although the U.S. housing sector is still weak, he told "Squawk Box."
"I'm a little bit of a tale of two cities. I just sold a house in Palm Beach for a number of approximately $100 million," Trump said. "I bought it a little while ago and sold it for a lot of money."
"Palm Beach or Manhattan, they are doing pretty well. You go outside of Manhattan, I can't think of a community that's doing well," he added. (The entire Trump Interview can be heard here).
The U.S. economy is driven by oil, Trump added, and at the moment there are better investment opportunities abroad.
"Probably the saddest thing of all is that not many people want to invest in the US right now," he said.
But the situation is likely to improve soon, Trump added. "Things that I couldn't buy a few years ago, I would be buying," he added.








