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Stock impact report

Ryan Serhant thinks the American Dream was just a ‘slogan created by banks,' but it was really about FDR, the Great Depression, and an economic crisis By Sydney Lake and Nick Lichtenberg B...

SCHNEIDER ELEC UNSP/ADR (SBGSY) 
Company Research Source: F
Recommended Video “I think it was a slogan created by banks to create interest income on home loans,” Ryan Serhant, founder and CEO of real estate referral network Serhant , said in an interview published by The CEO Series . “It's like student debt. Everyone needs to go to college. It was a device to create interest payments on student debt.” But U.S. mortgage history would beg to differ, although Serhant would have a case for thinking the American Dream is more difficult to achieve due to current housing market conditions. Serhant, 41, started in real estate in 2008 at Nest Seekers International, where he rose theougu the ranks to become executive vice president. His breakout came on Bravo's Million Dollar Listing New York from 2012-2021, where he built a bicoastal team handling luxury sales across New York, Los Angeles, Miami, and the Hamptons. In 2020, he launched Serhant, which he calls a “Brokerage 3.0,” emphasizing AI tools and education through platforms like SellIt.com Show less Read more
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