Grant Cardone predicts average US rent will almost double over the next decade — and he thinks it's a golden opportunity [Yahoo! Finance]
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Source: Yahoo! Finance
The Undercover Billionaire star recently made some bold predictions about the housing market and is actively betting $1 billion on his thesis that rental rates and home prices are about to skyrocket. Don't miss Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. Here's how even ordinary investors can become the landlord of Walmart, Whole Foods or Kroger Cost-of-living in America is still out of control — use these 3 'real assets' to protect your wealth today , no matter what the US Fed does or says These 5 magic money moves will boost you up America's net worth ladder in 2024 — and you can complete each step within minutes. Here's how Here's a closer look at Cardone's predictions and his underlying reasoning. Temporary factors In a recent interview on YouTuber VladTV, Cardone said high mortgage rates were creating a unique environment for the American housing market. The average 20-year fixed mortgage rate is 6.99%,
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