Was having a discussion in the coffee lounge and wanted to see if people had IPs back then...
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Actually, I guess using anectodal evidence I knew of plenty at the time as well. Throughout the 80/90's when I was growing up - plenty of vacant blocks next to houses.
All owned by old Italian men who bought up neigbouring blocks at the time near their houses (or I guess probably bought mutiple blocks and buil a house for themselves on one) - some empty, some growing vegetables. Plenty are still there today, although noticed a few have been built on now. Also saw it on much larger scale ie. few acres and more.
These would have been puchased in the 60's, possibly before.
Another old guy has about 4-5 hectares of land half way between the beach and the CBD. Massive land island in the middle of suburbia, nice!
What is it with Italians and blocks of land?
We called him up and asked if he wanted to sell it, we were very interested etc.
He said no.
What's the point of holding a block for that long, doing nothing with it and keeping it until you're over 80 years old?
PB, that's what I'm hoping to do with my kids one day. Try and teach them about the stuff schools leave out.......
So far, we have 74% of posters on here with less than 9 years of experience...AND I do believe there are plenty of members into their 60s on here...lets see what final figures come out...
Perhaps the poll would have been better restricted to forum members aged 60+ only. Smaller pool of results, but more accurate for the question you want answered since they're the only ones able to have invested in the 1960's.
What is it with Italians and blocks of land?
A few years ago we spotted a fantastic block down here in Dromana. Sensational bay, heads and city views, northerly aspect etc.
Found out who owned it - an old Italian guy - has owned it for about 35 years, and never built on it.
We called him up and asked if he wanted to sell it, we were very interested etc.
He said no.
What's the point of holding a block for that long, doing nothing with it and keeping it until you're over 80 years old?