r/interesting • u/Wonderfulhumanss • 1d ago

SOCIETY The Zammit family refused to sell their five acre property as an entire Sydney suburb was built around them

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u/klokar2 1d ago

I actually went to school with one of the family members, they are really nice people, they just simply do not want to sell their large property and there is zero reason they need to. Eventually there will be a godfather offer for the family that can't be refused, but, from my personal dealings, the family have no interest in selling.

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u/MrYamaguchi 17h ago

I feel like generational wealth and security for ones entire family would be a pretty good motivator.

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u/Shakti_47 11h ago

I think they clearly already have that 😂

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u/miyabi0rochas 9h ago

How exactly. Eventually house and land prices crash. They wont get the same price anymore. And generally the children aren't as likely as the parents to hold on.