At first, Mr. Chu hesitated.
The father-son pair ended up buying a two-bedroom condo in the Sherman Oaks neighborhood for $600,000.
Mr. Chu poured his savings into the purchase, covering around 5 percent of the cost; his father put up the rest.
The way Mr. Chu sees it, the past plays an enormous role in the lucky position he occupies in the present.
“When it comes to cold, hard numbers, I think it is really helpful to be transparent,” Mr. Chu said.
Persons:
Chu, Mr, “, ”, He’s
Organizations:
Sherman Oaks
Locations:
Sherman, Hong Kong, United States, Seattle