Imagine taking a LOSS on Vancouver Condo bought back in 2016Why imagine when it is very much REALITY?!!
Only dopey idiots believe Vancouver RE is
$afe & Effective "Investment".
Speculators starting to have their buttocks handed to them, along with a big kick in their
Jimmy Choo-Choo purse.
Carried this shoe box for 8 years, took $70k LOSS plus friction costs.
"Sound" investment?
Or
"
DUMB" Speculation.
The numbers will decide the answer.
Plenty of dopes haven't figured out that Tiff popped the RE bubble back in 2022.
OOOOOOOOPS!!
Some say the landlord here was a GENIUS................
But the numbers suggest the landlord suffered genomic defects, namely ignorance of economics and a triple dose of blind-greed.
Looks like the money launderers are starting to jump ship.
CUTE