It has nothing to do with who else can afford that house. He knows the stock price has been in the crapper for a long time, he knows shareholders have lost lots of money in atwt. He could have spent less on a smaller house and do a buyback program to get this pps moving so his shareholders can get out with a profit or less of a loss.
Priorities are him first, then him second, oh yeah, shareholders? Let's see? What are shareholders? They are the ones who bought the house for the crook.