Having their net worth trashed in this recession. McAfee anti-viral founder blew through $100 Million in bad RE investments. I will post a link at the bottom.
But here's what got me..he sold his waterfront stunning Hawaii estate at auction and only got $1.5 Million for it. It is stupendously beautiful. The sort of place I could happily go and live until I draw my last breath.
What would you get in Vancouver for $1.5 Million??
Anyone want to post some choice comparisons to show just HOW over-priced Vancouver is.
Here is the article:
How resilient is CMHC to a US style housing crash? - Kabloona points out this article asking yet again how this country would fare in a US style housing market crash, but particularly how the CMHC would fare:...
23 hours ago