I can’t imagine anything being more disastrous to our country than if the dollar lost its reserve-currency status.
Sam ZellThe reality is that I need to be challenged and interested, as long as the risk and reward is in line.
Sam ZellThe question is not do you take money out of stocks and put it into real estate, or the reverse. There's so much money out there looking for a home. I don't think it's either/or.
Sam ZellInterest rates are going to go up because employment is going to go up. If employment goes up, then our apartments get filled. And if employment goes up, our office buildings get filled. The reality is that increased economic activity combined with increased interest rates is basically bullish for real estate.
Sam Zell