Originally Posted by
Lantern
If you really think something as complex as property pricing can be surmised in your three step 'Property for Dummies' summary, then we have no conversation. As someone's signature here says: "I refuse to have a battle of wits with an unarmed person."
As a trained and practising architect, whose daily trade is consulting with local and national government, NGOs, and multi-lateral international institutions for infrastructure development in emerging suburban and regional locations in Australia (yes, including the Western suburbs) and developing countries in Asia, Eastern Europe, South and Central America and Africa, I think I may have picked up a thing or two about what makes a place tick market-wise.
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And thanks, but you don't have to worry about the worth of my inner-city apartment, one of whose greatest attractions is its distinctive heritage-listed 120 year old facade that is PRECISELY the legacy of an old Irish commerce building with a family friendly pub and restaurant on its north-eastern corner, which still runs a bustling trade.
I have no problems with the rich or their (our) right to earn a living and make the best of our lives, and I am very impressed with your life story. However, if the rich think that somehow they can move into a place, gentrify it, and then have the right to kick/keep everyone and everything else out that they somehow deem 'undesirable': that makes me sick.