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News Link • Economy - Economics USA

Zell sees political risk to investing in U.S.

• Reuters

The policies of the current U.S. administration have created "political risk" to investing in the United States, billionaire real estate investor Sam Zell said on Wednesday.

Appearing on a panel at the Urban Land Institute's real estate summit in Boston, Zell said "what's going on now is frightening" and working to undermine confidence, although he allowed that an economic recovery is under way.

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