NAR Report: Inequality Increasing

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The National Association of Realtors conducted research on inequality by comparing homeownership rates and home prices in 100 U.S. metro areas. Ilyce talks with NAR’s Director of Housing Statistics, Danielle Hale, about the implications of these research findings. They show homeowners reaping the gains of rising home values, but they also show a concurrent drop in homeownership rates. These trends are concentrating wealth in the hands of fewer people, resulting in rising inequality. Check out this episode of Big Money Real Estate for more details. For a link to the NAR press release, click here. And check out Ilyce’s Intentional Investor Series to learn everything you need to know to become a successful investor in real estate.
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Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.