Cardone: Fed Policies Making Homeownership Unattainable for Many Americans
• Grant Cardone says Fed and Jerome Powell have "single-handedly killed" housing market with interest rate hikes • Predicts more renters in next 2 years than past 50 due to unaffordability of buying a home • Calls for Powell and Fed to "get out of the way" and let supply/demand control interest rates • Sees middle class bearing brunt of Fed policies; market correction presenting opportunities • Notes lifestyle changes and amenities leading younger generations to prefer renting apartments