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Why investing in property doesn't add up, page-8

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Maschino

1,508 Posts.

60

12/04/16

18:49

Post #: 17485541
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Originally posted by hawkers ↑

I've read it and it sounds like some crap from Facebook.

I also understand inflation, and that you think someone paid the inflation adjusted equivalent of $147k per square foot is truely embarrassing.

This part is even more embarrassing

"‘In rapid succession Fink bought the Gresham Buildings, in Elizabeth Street near Flinders Street, for £52,000 (£1,000 a foot)"

So the building was apparently 52 square feet! Lol wow that's like 15 square metres lol

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AND EVEN THIS comment is so far you are laughable......52sqf/15sqm pffff
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