
Alex Pattaro
SMH
The house was marketed as completely dead and one to be knocked down for rebuilding. You know it’s bad when even real estate agents couldn’t polish this turd. But they didn’t even need to because of how valuable land is right now, given the competition for housing.
“It had been in the family for 60 years,” Ray White chief said, per .
“The house was never ever renovated. That was quoted by the vendors. It’s probably one of the last few dumps in Marrickville.”
But that despite that, the competition was fierce and some of the people vying to buy the plot were first home buyers. Imagine the state of things.
The home eventually sold to investors, which is unsurprising given how valuable its land is. I mean, think about all the apartments they could fit on that plot! The housing they could hoard and ransom! The people they could charge rent to and exploit!
The housing crisis is well and truly being felt, my friends. Dark times indeed.
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