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Jim Delmonte’s letter requires a response (“Trump had right to set value of his properties,” Star-Advertiser, Letters, Oct. 4).
I do not claim to be a real estate expert, but it seems disingenuous for Delmonte to compare his humble home to a multimillion-dollar commercial property. Surely Delmonte can recognize the fraud that’s committed by claiming to overvalue a property to get favorable loan terms and undervaluing them to avoid paying a fair share of taxes.
Like Delmonte’s home, my home is worth a lot to me, and if I ever sell it, I can ask whatever I want for it and the market will decide what it ultimately sells for. But to over- or under-value it dishonestly for the nefarious purposes of financial gain is fraud.
Kamalani Hurley
Mililani
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