Grant Cardone: In 10 Years, the Average Rent in America Will Nearly Double (Part 9)

Watch Full Interview: https://youtu.be/FtEkZNY0HsE

Part 10: https://youtu.be/1YwFIrYnvIY
Part 8: https://youtu.be/UbCdG11Bfjc
Part 1: https://youtu.be/T3f0b0OiSB4
——–
Real estate mogul Grant Cardone has made some eye-opening predictions regarding the future of the housing market. Cardone predicted a significant shift in single-family home prices due to a correction expected when interest rates drop below 4%. Contrary to popular belief, he suggests that lower interest rates might not lead to higher prices since many homeowners have already locked in low rates or have minimal debt. More notably, Cardone emphasized the current prime opportunity to invest in multifamily properties, describing it as the “biggest real estate correction” he’s witnessed in his 66 years. He notes that rents are currently flat but poised for substantial growth due to the wide gap between the cost of ownership and renting. Cardone stated that the average U.S. rent, which is approximately $1,800 today, is expected to escalate to nearly $3,000 within a decade, driven by economic pressures and rising demand.