<?xml version="1.0" encoding="UTF-8" standalone="yes"?><oembed><version><![CDATA[1.0]]></version><provider_name><![CDATA[Vancouver Real Estate Anecdote Archive]]></provider_name><provider_url><![CDATA[https://vreaa.wordpress.com]]></provider_url><author_name><![CDATA[vreaa]]></author_name><author_url><![CDATA[https://vreaa.wordpress.com/author/vreaa/]]></author_url><title><![CDATA[&#8220;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&nbsp;mad.&#8221;]]></title><type><![CDATA[link]]></type><html><![CDATA[<p><a href="https://vreaa.wordpress.com/2011/05/06/one-distant-relative-has-already-gone-bankrupt-after-buying-a-condo-in-the-fraser-valley-and-being-unable-to-make-the-payments-along-with-car-payments-daycare-etc/#comment-9017">Ralph Kramden at VREAA 6 May 2011 6:46pm</a> &#8211;<br />
<strong>&#8220;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.<br />
Still run my business, and we keep it lean and flexible.<br />
Leverage is great on the way up on and hell on the other side of the hill.&#8221;</strong></p>
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