Thursday, February 12, 2009
the rot sets in
Our area is about the only one in Melbourne to have increased in value over the last six months, where everything else is in decline (this means little in real terms - it had a lot of catching up to do). Anyway, this is the kind of crap we have to look forward to as land values rise. These are big blocks. If these horrors get built, the vendor will do well (financially) but will go to hell.
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