Investor warns that US entering 'epic' real estate correction

One real estate investor is bearing witness to the start of the industry’s “greatest” correction he’s ever seen.

  • Private equity fund manager Grant Cardone told FOX & Friends: “It’s [real estate correction] going to be a great opportunity for individuals, regular, everyday people to actually grab trophy real estate from institutions. This has never happened in the country.”

“It’s unaffordable for people to own a home today,” Cardone stressed while blaming the Federal Reserve for “single-handedly” killing the housing market with interest rate hikes.

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