Saturday, August 29, 2009

Interesting Article on the Rich

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.

http://www.auctioncompanyofamerica.com/pdf/217_G-870web.pdf

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:

http://finance.yahoo.com/banking-budgeting/article/107575/rise-of-the-super-rich-hits-a-sobering-wall.html