Norwegian Cruise Line Holdings Ltd (NCLH): I did mostly $250k to $350k homes in FL...

Norwegian Cruise Line Holdings Ltd (NCLH)

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cottonmather

Re: ELAL7474 post# 794

Friday, 04/17/2020 10:25:16 AM

Friday, April 17, 2020 10:25:16 AM

I did mostly $250k to $350k homes in FL and a couple 6-pack townhouse buildings on the beach - sold them all. I did put a little money in a farm in Indiana. Mostly cash and silver now. If you are into that kind of thing refer to the mortgage to rent ratio based to the year 1900 - eye opening. I expect prices to drop 60% and more.

NCLH, if it can stay together a couple years, will lose more than 50% of customers for many years. Society has changed for ever.

A quick history lesson for those not into reality. Steve Mnuchin was known as the "Foreclosure King" at Goldman Sachs. He arranged the demise of over 200k mortgages in 2008/2010. Look at the details of what he is doing right now. Similar? For sure. He is about the big boy money machine. Never trust him. If NCLH accepts his wares - RUN.

Clarence Town