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Donald trump talks leadership and property

Billionaire celebrity investor Donald Trump has spoken up about the challenges facing property markets around the world.

In an interview with Business Day, Trump asserted that the economic troubles facing Europe and America could be solved if the people running the affected countries started managing them more effectively.

"Everything is about leadership if you think about it. A great leader can make things happen," said Trump.

One of the main areas identified by the well-known international businessman - who is also the host of the US version of reality TV show The Apprentice - was the reluctance of many banks to lend as much money to the public.

In some cases financial institutions were only willing to lend out 35 to 40 per cent of a property project's total development costs - meaning that investors would have to find the remaining amounts of capital through alternative avenues such as private investment.

But it's not all doom and gloom, says Trump - there are still a lot of places around the world that offer property owners with real estate training the chance to gain solid returns on investments.

Trump asserts: "There are a lot of opportunities throughout the world right now, absolutely. One of those places is Australia, which is a great country."

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