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

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Breitbart Business Digest: The Smoot-Hawley Myth and the Real Stakes of Trump’s Tariff ProposalsSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »