"Grant Cardone predicts 'trophy' real estate availability for everyday US citizens amidst epic pricing correction"
Real estate investor Grant Cardone predicts that the US is on the brink of the "greatest real estate correction" in his lifetime, presenting a "great opportunity" for individuals to purchase office space and apartments. However, he believes this correction will not affect single-family homes, where renting may still be more affordable. Cardone blames the Federal Reserve for the current state of the housing market and urges them to lower interest rates to stimulate the industry. Recent data shows a drop in Manhattan rents and a decline in US rental prices, while mortgage rates continue to rise.
