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A pair of would-be developers with links to an international gold mining company have lost their legal fight for $5.5 million in compensation after a rural acreage they were land-banking near Coffs Harbour was swallowed up by the Pacific Highway upgrade.
Couldn't have started in a worse way if you wanted my simpathy.
Land squatting and cock blocking public infrastructure for personal gain is pretty low on my sympathy list.
I don't get it, am I meant to have sympathy for this couple? They speculated on the value of some land going up, it did, they thought they deserved more. Boo hoo.
Yeah, I can never quite tell with articles sometimes..
Among many elements of the story that absolutely fail to raise sympathy:
[...] They planned to subdivide their block into 26 lots once the land was rezoned as residential, live on one block and drip-feed two or three others on to the market each year.
...just what we need -- a drip-feed of low-density housing.
I don't feel bad for this couple.
I do however feel bad for these families: https://www.abc.net.au/news/2022-10-20/qld-moreton-bay-council-unaware-bruce-highway-land-resumption/101553438