24 March 2010

The Rockwell: You Just Lost A Lot of Money

In September 2007 a 1 bed apartment in the Rockwell had an asking price of R1 520 000.

2 1/2 years later a 1 bed apartment in the Rockwell has an asking price of R1 550 000.

I bet that R30 000 in capital appreciation really takes the sting off the R300 000+ in bond payments.

3 comments:

Anonymous said...

The Bends
Where do we go from here
The words are coming out all weird
Where are you now, when I need you
Alone on an aeroplane
Fall asleep on against the window pane
My blood will thicken

I need to wash myself again to hide all the dirt and pain
Cos I'd be scared that there's nothing underneath
But who are my real friends
Have they all got the bends
Am I really sinking this low

My baby's got the bends, oh no
We don't have any real friends, no, no, no

Just lying in the bar with my drip feed on
Talking to my girlfriend, waiting for something to happen
I wish it was the sixties, I wish I could be happy
I wish, I wish, I wish that something would happen

Where do we go from here
The planet is a gunboat in a sea of fear
And where are you
They brought in the CIA, the tanks and the whole marines,
To blow me away, to blow me sky high

My baby's got the bends
We don't have any real friends

Just lying in the bar with my drip feed on
Talking to my girlfriend, waiting for something to happen
I wish it was the sixties, I wish I could be happy
I wish, I wish, I wish that something would happen

I wanna live, breathe
I wanna be part of the human race
I wanna live, breathe
I wanna be part of the human race, race, race, race

Where do we go from here
The words are coming out all weird
Where are you now when I need you

Anonymous said...

A bid strange that you say in the blog that in 2007 price was 1.520.000 ZAR. Perhaps this was the price of somebody wanting to make some money. The developper actually sold these units for 1.100.000 ZAR so if price is now 1.550.000 ZAR it's not that bad.

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