If you could find a major city that actually had a functioning, good public school system, you should buy all the real estate.
Sam ZellI canโt imagine anything being more disastrous to our country than if the dollar lost its reserve-currency status.
Sam ZellI've always been called a professional opportunist, and in the future I'm open to anything. We've spent a lot of time offshore, looking at opportunities in real estate outside the United States.
Sam ZellMy single biggest financial concern is the loss of the dollar as the reserve currency. I can't imagine anything more disastrous to our country. . .you're already seeing things in the markets that are suggesting that confidence in the dollar is waning. . .I think you could see a 25% reduction in the standard of living in this country if the U.S. dollar was no longer the world's reserve currency. That's how valuable it is.
Sam Zell