You are always faced with choices. Some choices are more difficult to make than others. You may be faced with the choice of giving up something that means a lot to you for a big paycheck. Some things in our lives hold more value than money, and it’s not a bad thing. Just like the land, this family didn’t give up.
Home is one thing that stands out when it comes to sentimental value.
When a family buys a piece of land, they usually pass it down through generations. Family homes are a common thing in society, where people inherit homes from their ancestors.
These places hold a lot of things in our hearts.
All of the good times and memories shared there hold immense value when it comes to homes that are passed through families. It’s something that we wouldn’t want to give up.
Many families refuse because of high paychecks and cash value.
People often refuse to sell their property due to their pride, love, and admiration for their homes. Property developers and companies who want to knock down homes for large commercial real estate buildings are often turned away by residents.
People in the United States turn down property developers frequently.
The story of Edith Macefield, an 84-year-old woman who lived in a small home in Seattle, was shared all over the world after she refused to sell her home to developers who wanted to build a mall on the block.
People fought to keep the home alive after Macefield’s death.
Despite Macefield’s passing, individuals became to know and love the home so much that developers decided to keep it. Some things can’t have a price tag.
A family in Australia has turned down a large amount of money for their home and land.
The two-hectare stretch of land owned by the Zammit family is extremely large. If you look at a birds-eye-view photo, you can see that the area has been an issue for developers, who feel they can get more for their money if they could purchase the property.
The property is owned by a family.
There is a large front and back lawn on the property. It has a driveway that leads to the family’s brick home. They have a triple garage for their cars.
You can see how many houses were built around the land.
Looking at the space and area owned by the family, it’s easy to see that developers are frustrated that they don’t want to sell. It is an area large enough to put up dozens of homes, making for a huge cashout.
Developers praise their refusal to sell despite being frustrated with the family.
Those who owned land similar to the Zammit family sold it for high prices a long time ago.
“The fact that most people sold out years and years ago, these guys have held on. All credit to them,” Ray White Quakers Hill agent Taylor Bredin told 7News.
Property developers say they could make a million dollars on just one block of homes.
“Depending on how far you push the development plan, you’d be able to push anywhere from 40 to 50 properties on something like this, and when subdivided, a 300 square meter block would get a million dollars,” Bredin added.
Money doesn’t always buy everything in life.
Despite being offered millions of dollars, the Zammit family still wants to keep their family home in their name. Money doesn’t always buy happiness at the end of the day.
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