[quote=spdrun]If someone has 2MM cash, why the hooting hell would they want to spend all of it on a single property?![/quote]
My guess is that if he is buying a house for $2 million cash then he has plenty more in reserves.
Money is all relative. $2 million to one person is like $20 to another.
I have friends/clients that have a high net worth (I’m talking tens of millions of dollars and in a few cases over $100 million). And I’ve seen them spend over $15,000 in a night at a bar treating everyone to drinks. Personally I find it completely crazy but it’s all relative….
