Sam Zell - Housing Hole Bigger Today

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Feb 09, 2012
Renowned real estate investor and tycoon Sam Zell was on CNBC to discuss the state of the housing sector today. Weighing in on the severity of the housing crisis and whether government programs can actually help relieve troubled mortgages, Sam Zell said the hole in housing is significantly bigger today than it was when the crisis was discovered pre-2007.