Family Finance: The burden of the real estate millionaires

Financial Post Saturday 24th September, 2011

Wealth on paper doesn't necessary mean carefree living. In Vancouver, a retired couple we'll call Roland, 69, and April, 67, are in the curious position of being real estate millionaires but struggling to remain middle class in their way of life. The reason is the soaring B.C. property market, which has raised the estimated prices of their 1,800-sq...

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