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:
The canary in the credit crunch coalmine - Historically, every recession has been accompanied by an equity bear market. One characteristic of every recession has been a credit crunch. As the econom...
3 days ago