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Interest 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

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Sam Zell
Age: 83
Born: 1941
Born: September 27
Businessman
Businessperson
Publisher
Chicago
Illinois
Shmuel Zielonka
Samuel Zell
Real
Activity
Increased
Going
Office
Apartment
Bullish
Building
Employment
Apartments
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Employee
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Economy
Basically
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Interest
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Reality
Filled
Buildings

More quotes by Sam Zell

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When all is said and done, what must be remembered is a newspaper is a business. It used to be a fabulous business that made extraordinary margins. It's now a very good business with appropriate margins.
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When you got a demand issue it's hard to imagine the stock market at an all-time high.
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I'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.
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The reality is that I need to be challenged and interested, as long as the risk and reward is in line.
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The single biggest issue that I'm very sensitive to is inflation. I'm very concerned that this extended period where the interest rates were quite low and stimulated a lot of activity could breed inflation and create a problem for us.
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I can’t imagine anything being more disastrous to our country than if the dollar lost its reserve-currency status.
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If you could find a major city that actually had a functioning, good public school system, you should buy all the real estate.
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The 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.
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