Wealthy Way
Grant Cardone On California Real Estate, Lawsuits, & Bitcoin
Feb 5, 2025
Grant Cardone, a renowned real estate investor and author, dives deep into California's escalating wildfire crisis and its economic implications. He shares bold predictions about the future, stressing the importance of irrigation and government policy reforms. Exploring the intersection of Bitcoin and real estate, Grant discusses innovative investment strategies. Plus, he reveals his plans for taking a company public and the latest on his venture, 10X Health. Stick around for his powerful insights and predictions!
01:02:22
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Quick takeaways
- Grant Cardone discusses how California's historical mismanagement of fire risks has led to devastating consequences for communities like Malibu.
- The economic impact of recent fires may drastically reduce property values and threaten the financial stability of local businesses and residents.
Deep dives
California Fires and Their Impact
The discussion centers on the recent fires in California, particularly in Malibu, which have caused significant destruction. The speaker emphasizes that the fires are not a new phenomenon, citing historical practices of the indigenous people who migrated to avoid fires. He expresses concern for the community in Malibu, where 26 homes have burned, leaving his own property as a lone survivor amidst devastation. There’s a focus on how long-term regulatory issues and a lack of modern building practices contribute to the region's vulnerability to such natural disasters.
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