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The Wall Street Publication > Blog > Politics > Why is Trump turning a navy base into an Airbnb?
Politics

Why is Trump turning a navy base into an Airbnb?

Editorial Board Published September 4, 2025
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Why is Trump turning a navy base into an Airbnb?
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In a transfer that was most likely inevitable as soon as we gave the keys to the federal government to the world’s tackiest and griftiest actual property developer, it appears to be like like we is likely to be turning the famend Camp Pendleton into an Airbnb.

You is likely to be questioning why the federal government must have a fireplace sale to pay for the Golden Dome undertaking. There was $24.4 billion allotted in Trump’s One Massive Stunning Invoice, however that’s not going to be practically sufficient. The administration has arbitrarily declared the entire thing will value $175 billion, however estimates range wildly, coming in at wherever from $119 billion to $6.4 trillion. Even the Congressional Finances Workplace, whose workers estimate issues like this for a dwelling, got here up with a variety of $161 billion to $542 billion.

Associated | Military provides shady supply to tech bros to allow them to play soldier

The fee estimates are all around the map as a result of nobody actually is aware of how—or if—the Golden Dome would work. The CBO defined this very delicately, noting that one motive we don’t understand how a lot the factor would value is that each the quantity and class of missile threats are rising, together with ICBMs from North Korea. The space-based weapons wanted to repel Chinese language and Russian ICBMs “would need to be much bigger—and therefore more costly—than the constellations in the previous studies.”

Hm. Doesn’t actually look like the federal government can flip sufficient of Camp Pendleton into strip malls or third-rate casinos or no matter to cowl this form of value hole. Possibly the Golden Dome might organize to faucet into the seemingly bottomless pile of cash put aside for terrorizing immigrants?

Trump does have to determine a option to fund this factor, given how a lot he’s bragging about it. He boasted all the system could possibly be inbuilt three years, however at greatest, it appears to be like like if the celebs align, the Golden Dome is likely to be prepared for an indication by the tip of 2028. It will be doable to have the community of satellites and communication programs up and working in that comparatively brief timeframe, however it wouldn’t be able to shoot down any missiles with space-based weaponry by that time. Nonetheless, hope apparently springs everlasting—if not a real hope for area lasers, at the least one for an October shock of kinds. Sure, that 2028 demo is conveniently already scheduled for the fourth quarter of 2028, proper earlier than the subsequent presidential election. 

Trump grew to become obsessive about the concept due to Israel’s Iron Dome, however that covers an space in regards to the dimension of New Jersey. To defend the sprawling United States from lower than a dozen North Korean ICBMs would take about 10,000 space-based weapons. No person truly thinks the factor will work anyway, however it will likely be an epic boondoggle and moneypit till the wheels absolutely come off. 

Certainly, the Golden Dome is the right form of undertaking for Trump. It’s a chance to shovel cash to personal tech firms, which he adores. As a bonus, he’ll get to unload a part of the federal government to do it. Positive, it’s not as gross as his fever dream of turning Gaza into one in every of his cheesy resorts or his gold-plated trashville of a ballroom that can now mar the White Home grounds, however when you’ve gotten an actual property portfolio as massive as the entire USA, you gotta diversify. 

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