Billionaire real estate investor warns US faces 'serious problems' unless this happens



Equity Group Investments founder Sam Zell argues he doesn’t see many signs that there will be a reduction in inflation in the near future. #FOXBusiness

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26 comments

  1. America relies on foreign product to much when we don’t need to. Stop being cheep and start making American made.

  2. Bandaids, that’s all they ever use.

  3. Mr.Magoo, I haven't seen Mr.Magoo since I was a young boy.

  4. “Softish landing” translation: Crash and burn

  5. Powell- It's a strong economy?🤣🤣🤣🤣🤣🤣🤣🤣

  6. We already are in a recession. Must be nice to be so rich you can be this far out of touch with reality

  7. No signs of recession. Lol

  8. These billinaires are telling you what they are doing. They call it a warning to cause you to love and follow them who use their riches of materials because they are poor without spirit who are their fathers slaying Mama's children who sleep in him. Eve from Adams rib was a clone yo. Men of science you praise as gods.

  9. What they are going to get is anarchy when people can't get food especially with taking the Covid food assistance away from the EBT benefits when the pandemic hasn't ended yet like they claim and just because the news isn't talking about it doesn't man the pandemic ended my second cousin died from Covid two weeks ago!

  10. Great video recently started investing in real estate, but I'm interested in making short term profit but I don't think that's a yes in real estate, let say turn a $150K to $500k in 6months, I'd appreciate tips on how what stocks to buy to make this much profit.

  11. Good to see gollum stop chasing the ring and went after the money instead.

  12. That guy can play Yoda in Star Wars

  13. Liar, liar, pants on fire. "Strong economy"? "Nothing close to a recession"? Put down your crack pipe maggot. We can see the smoke and flames issuing in plumes and gusts right out of your rear end.

  14. When interest rates are near 0% for such an extended time, capital has flowed to the equity markets and crypto. Now the worm has turned. The markets were overbought and high priced. Now things will get back to reality and will reach a new equilibrium. The same with real estate. Mortgage rates go up, so prices go down. It all pertains to the affordability of the monthly payment for the mortgage payer. Bondholders will be hurt too – especially bond mutual funds. High fuel prices will send up into a recession, and maybe a deep one. As credit card balances reach the maximum, people will have to stay home. The free lunch can sure cause a bellyache! I once took out a small business loan in 1979 at 11.5% and I was glad to get it. A "forgiven" college loan in every pot.

  15. Wait one! YOU JUST SAID tight labor market . According to Msm. Many are leaving jobs . Many new jobs created . And now you are telling us jobs are tight ???? Make up your mind. Or better yet…ride along with those job hunting with top degrees and a family to support .

  16. High inflation and interest rate hikes only affect the middle class and lower income people! The super-rich are getting super-richer!

  17. Inflation not 8.5% . It’s 20%

  18. We pay here in South Africa our interest rates are high

  19. problem.. it is about wall street profits no matter what

  20. Why do we have such difficulty understanding the impact of increasing interest rates. As Sam Zell clearly stated there's a current shortage of zoned housing landing, increased construction labour and more buyers than stock available. Simply the demand outweighs the supply so prices increase. Therefore price push inflation. Increasing interest rates will increase the cost of borrowing, therefore will make house purchases more costly, driving demand down. If there are less potential buyers, then eventually the home market rebalances to adjust to what is affordable.
    There will be a short-term spike in rental costs as those that would buy turn to rental. The rental prices rebalance once the cost of owning a home is reduced. It's all about market equilibrium – there'd in fact never any point where the market reaches equilibrium as the buy verses rental continuously counter balance each other. The possible solution is for investors such as Zell to possibly consider cheaper mass housing such as erecting modern apartment blocks – small units, well-fitted, but affordable – the quality of the tenant in this scenario is important. Add in free internet access, central laundry service and office hub on the top floor, with an common entertainment hub on the roof. A setup like this would absorb much of the demand in the market.

  21. "It's a strong economy"?!?!?

  22. All by design by NWo Joe Obama robots

  23. Time for war in the USA 🇺🇸