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Add it up, Doug!
In article , OzOne wrote:
On 10 Nov 2005 13:03:48 -0800, lid (Jonathan Ganz)
scribbled thusly:
In article , OzOne wrote:
On Thu, 10 Nov 2005 06:25:26 -0500, DSK
scribbled thusly:
Hmmm, considering the cost of an average Sydney home in 1956 was
something around 8000...it was a goodly sum.
What was the exchange rate back then? My family was offered an acre in
what is now the heart of silicon valley for $4K in 1958.
Back then we got over US$2 for a pound.
Then we floated our currency and it dropped to more realistic levels.
Unfortunately, we were on the east coast and didn't jump on it. I
guess it's true that hindsight is 20/20.
Yep, it's a wonderful thing.
My mum bought half a street of vacant land at 2000 quid/block.
She started selling them off when the reached around 30,000 and sold
the last for just over 500,000 about 10 years ago.
Ok, so now we know Ozzy is one of those pesky millionaires...
One down (no pun intended), one to go.
--
"j" ganz @@
www.sailnow.com
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