& Quigs, the houses that sold for $20 million were company houses. Break free, Internet security companies etc. Are they not allowed to enjoy their money? Should they just hand it straight over to the parasites?
& if your location was anywhere near civilization, it would be valued accordingly. A house 1/4 as good as yours sold for near $6 million in 2006.
Maybe when the NBN gets the teleportation thing happening, the values of yours & theirs will be equal?
So the $20 million ones were company houses... what were they dormitory style places for the workers. A bit like those houses they set up in Banglahore.
When you said that Mr NAB said that people in farkken Hedges farkennn Ave Gold Coast were just handing in their keys, were they representatives of the companies that owned the houses.
Funny thing... you see the southern beach.. in the pic
the vacant block where the second street back from the front beach at the southern T intersects sold for 1.2million a few years back now.
See the vacant cleared land to the west of the trees at the back of our streetblocks... developers have found that...
http://www.seaspray.com.au/
and in the distance.. just to the left of the white text block ... developers have found that tooooo see
http://www.zilziebay.com.au/
Thats an 18 hole artificially turfed golf course running alongside the beach by the way.
but as I told you a few pages back... it is just a lot of fly in fly out mining folk that are investing here. Great place to live and raise kids... lifestyle thing.
Now let me get my head around one of your points about these high priced mansions in farkkken Hedges farkenn Avenue Gold Coast. Did these high flying companies that purchased all of them at Little Johnnys 7% interest rate or did they purchase them before or after. Because after the interest rates all fell and have steadily fallen.
What happened to these high flyers. Did they get knocked about by the Global Financial Crisis or was it all the democratically elected Prime Minister Gillards fault.