Vancouver Real Estate Anecdote Archive

“We did well and sold. But I have so many people that I care about, that are living large, and way into debt. They think I am mad.”

Ralph Kramden at VREAA 6 May 2011 6:46pm
“I have so many people that I care about, that are living large, and way into the debt end of the pool. They think I am mad. [We] sold all the Commercial RE and our holdings in YVR, maybe slightly before the peak – but the point is, we did well and walked.
Still run my business, and we keep it lean and flexible.
Leverage is great on the way up on and hell on the other side of the hill.”