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Real estate tycoon highlights how Trump can stop US housing market ‘insanity’

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After taking the MSG stage Sunday, 10X's Grant Cardone expanded on how the former president will 'put pressure' on the Federal Reserve and competitive mortgage rates.

In the eyes of real estate and private equity investor Grant Cardone, former President Donald Trump can offer America his "genius" in the business world. "He's a great salesman, great marketer. He knows how to message, but he also knows how to get distribution on the messaging," Cardone said Monday morning on "Varney & Co." "In this country, if you want to buy a house, you can't. If you want to sell a house, you can't.

The real estate tycoon called blue cities’ high rents, taxes and everyday prices "insanity," and expanded with FOX Business’ Stuart Varney on how Trump can potentially alleviate those pressures. "He'll bring rates down. If you don't bring rates down, we have a housing market that will not move. We're already at all-time lows all the way back to 1995," Cardone said while citing National Association of Realtors data showing U.S.

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