Vancouver Real Estate Anecdote Archive

“Bankruptcy for two swinging 20 year olds and two aged Mainland Chinese folks (the parents who funded them)”

8 November 2009 · Leave a Comment

This from Strataman at vancouvercondo.info 8 Nov 2009 at 7:34 pm -

“Looking after a bank repo at King’s Landing. Bankruptcy for two swinging 20 year olds and two aged Mainland Chinese folks (the parents who funded them)! The old folks are dumping their other two condo’s cause they co-signed! All heading back to China it seems. 500K loss after mortgage was paid off.”

Categories: 05. Where do Buyers get the money? · 11. Regrets about Investing in RE · 14. Social Effects of the Boom
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