Sam Zell: Obamacare And Dodd-Frank Are Economy-Killing Monstrosities, And There Won't Be New Construction For Years

sam zell cnbc

Billionaire real estate mogul Sam Zell is on CNBC’s Squawk Box this morning.

Like many guests, he’s furious at the Obama administration over Dodd-Frank and Obamacare, both of which he regards as economy-killing, uncertainty-creating monstrosities that ought to be repealed.

He considers the odds of repeal to be 0%.

As for commercial real estate, his wheelhouse, he doesn’t see any significant construction for the next 2-3 years, at least.

Update: He continues to slam US policy, saying that it won’t be morning in America (contra Buffett) unless we fix all the things above, and things like the broken immigration system.

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