Today’s quote comes to us from Grant Cardone, the multi-billionaire investment guru who – as I pointed out in a previous blog – has made it clear that he is going to be sure his investor clients stay clear of New York City.
I’m posting the quote because it so completely encapsulates his reasoning in very few words (a talent I wish I had). Here is what Mr. Cardone has to say:
“We invest for 14,000 investors at Cardone Capital that depend on cash flow. And if I can’t predict the cash flow because of some ruling, or because of the migrants, or because I can’t evict people, New York City just keeps doing every single thing they can to sell real estate in Florida, not sell real estate in New York.”
That doesn’t leave much to the imagination, does it? And, importantly (devastatingly for New York) how many other major investors see exactly what Mr. Cardone does and are reacting as he is?
I award Grant Cardone Quote Of The Day honors for putting things in perspective so clearly in so few words. And Disaster Of The Decade “honors” to New York for adding the insane Trump ruling to the other factors noted by Mr. Cardone that were already in place.
I hope the city is happy with the disastrous situation it has created. I’m sure proving its level of Trump hatred and general “wokeness” is worth it….
…or is it?
