– Grant Cardone, A.K.A “Mr. Real Estate”, has decided to stop planting his money trees in the concrete jungle of New York City.
– Citing “recent political decisions”, Cardone instructs his team to outright avoid any investments in the Big Apple.
– According to him, these policies will inevitably contribute to price deterioration thus dampening the shining allure of New York properties.
– Instead, the real estate guru plans to shift focus to the Sunshine State, also known as Florida – a place where retirees go to play shuffleboard and golf all year round.
– Cardone believes that with no state income taxes, Florida is the best bet for attracting millennials in the future. More avocado on toast anyone?
– Despite all this, the real estate tycoon holds optimism. He speculates that opportunities might spring up as landlords get desperate, offering deals too sweet to ignore. One man’s trash is another man’s treasure, after all.
Grant Cardone Swaps The Big Apple For a Slice of Sunshine
Avoiding NYC’s Deteriorating Real Estate
Cardone’s New Investment Focus – Home of Oranges and Eternal Summer
Optimistic implications – Fishing In Turbulent Waters
And there you have it! Grant Cardone, is swapping skyscrapers for palm trees, leaving behind the iconic New York skyline for the golf courses and sandy beaches of Florida. It seems that the lure of Bagels and Broadway isn’t quite enough to keep investors on board, especially against the backdrop of what he refers to as politically-driven price drops.
In a twist of irony, this maneuver might work out well for Mr. Cardone. After all, it’s always sunny in Florida, right? Surely the millennials lured by the prospect of no state income taxes won’t mind trading their tiny NYC apartments for more spacious abodes in the sunshine state.
Despite the setbacks, Cardone retains his title as ‘Mr. Optimist’. He’s playing the long game, predicting that desperate times for landlords might make for some sweet deals on property. It’s like he’s scouring the discount rack during a clearance sale – hey, everyone loves a bargain!
There’s no denying that the game of real estate is a dicey one, influenced by political decisions and a whole host of other factors. But it seems Cardone has decided to roll the dice and bet big on Florida. Only time will tell if his bet will yield jackpot results or whether he’ll be left holding lemons instead of oranges. For now, all we can say is – watch this space. And maybe start brushing up on your golfing skills. You never know when you might run into Mr. Cardone on the fairways of Florida!
Original article: https://www.inman.com/2024/02/22/grant-cardone-pulls-out-of-new-york-following-trump-fraud-verdict/
