InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,431.60
(
-0.04%
)
US TECH 100
19,168.00
(
0.52%
)
Dow Jones
38,589.16
(
-0.15%
)
Brent Oil
82.28
(
0.00%
)
Bitcoin
66,633.00
(
0.67%
)
Post# of 113730
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

cliffvb

Send PM Follow Ignore
Followers 38
Posts 4890
Boards Moderated 0
Alias Born 12/30/2004

cliffvb

Re: wadegarret post# 76000

Monday, 08/17/2020 2:29:14 PM

Monday, August 17, 2020 2:29:14 PM

Post# of 113730
SNFCA Wade is your real estate friend that called the earnings report a one quarter wonder, a realtor in New York City or near there? Just wondering because people are leaving big cities like New York in droves now. NYC rents are already down 10% with large vacancies.

I think the move to the suburbs will last for a long time. And also only a relatively small fraction of people have refinanced their mortgages at these record low rates.

I'm not saying that I think SNFCA will keep growing earnings but I expect them to remain strong for a minimum of one year.

FWIW, I've been involved in the real estate industry over 40 years too.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up