“One guy told me that he “owns” 6 condos in Yaletown. All of them have negative cash flow.”

bubbly at VREAA 10 Jan 2010 12:16am“One guy told me that he “owns” 6 condos in Yaletown. All of them have negative cash flow. He is losing thousands of dollars every month, but he will be rich once he sells the condos to a greater “investor” for much more than what he paid. Yeah, right…”

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