Real Estate Mogul, Billionaire, Guru – We Have Left Interest Rates Low Too Long

Sam Zell says people have lost a sense of urgency in dealing with debts

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Oct 07, 2015
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Sam Zell as a real estate investor should benefit from ultra low interest rates.

Even though he thinks we should have raised rates long ago.

Zell believes that having rates so low for so long has changed behavior and caused people to lose the sense of urgency when dealing with debts.

Zell thinks that a rate increase would actually be positive for the United States.