In December, Equity Residential chair and real estate investor Sam Zell said he believed there was “a high probability” that the U.S. economy would slip into a recession “in the next 12 months.”
Zell struck a relatively more optimistic tone Wednesday morning at New York University’s annual REIT Symposium — saying that while he thought his prediction was “realistic” at the time, the U.S. economy “at the moment is doing pretty well.”
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