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A rich man is nothing but a poor man with money



Here we have the homes of the some of the Hobartian elite [which must be pronounced AY-leet in order to convey the full effect that I'm aiming for].

As with many cities the world over, the former docklands of Hobart – once home to the worst sort of filth, disease and moral depravity that one expects among the lowest rungs of society – has now been transformed into la-de-da apartments, and once grimy and slummy terrace-housing have become “semi-detached town houses” fit for the sort of urban living now desirable to the privileged upper-classes.

For over half a century, the Hobart silos were used for storing grain destined for export. As the utility of Hobart as a working port declined, and the global competitiveness of Tasmanian grain dwindled, the future of the silos looked bleak.

Cue urban regeneration, and today they house thirty luxury residential apartments, and have become amongst the most lusted-after addresses in Hobart. The powerful and famous can be spotted each morning power-walking their way to the gym with boutique canines, then stop for a weak soy decaf cafe-latte while they moan about global poverty and the preservation of old growth forests.

Come the revolution though, I expect to see the silo apartments as Hobart’s very own Bastille!

Comments

stromsjo said…
Fascinating story about some Silos De Luxe... Thanks for sharing! ;)
Where did the people go who used to live there? And were they welcome?
Bergson said…
That photo so graphics
Anonymous said…
It's odd isn't it how dock areas in cities all over the world have suddenly become so desirable and done up. The residents and workers from years ago would probably have laughed if they'd been told how much people now pay to live there.
Maria Verivaki said…
exactly what has happened in wellington, new zealand along the warterfront - people paying a mint to own some what originally was some of the most undesirable pieces of land
Anonymous said…
Dockside property with its rich history of trade...Did anybody tell them about the cockroaches? (They always have the last laugh.)
Anonymous said…
Think it is happening every where. The east end in London is now becoming very desirable property.
magiceye said…
loved the title and of course the superb commentary!

by the way ICICI Bank (BSE: ICICI) (formerly Industrial Credit and Investment Corporation of India) is India's largest private sector bank in market capitalization and second largest overall in terms of assets. ICICI Bank has total assets of about USD 100 Billion (end-Mar 2008), a network of over 1308 branches and offices, about 3950 ATMs, and 24 million customers (as of end July 2007).
Anonymous said…
Good text, Kris.

I am here from Gerald's where your undertaker comment blew me away.
Anonymous said…
I like those architectural shots from an unusual angle (not to speak of 'de luxe'). I agree with Jackie.
Anonymous said…
Btw: wonderful header with the mountains in the back.
Kris McCracken said…
Boise Diva, I imagine that their landlords sold up, or eventually the died off and property was snapped up. The process seemed to work over a period of at least a decade. As to whether the new 'locals' would welcome the old guard? I doubt it, the Battery Point residents have done their darnedest to dissuade a boardwalk down by the waterfront there, and they get a mite protective of anything that they feel harms their investment.

Jackie, you're right. The same is true in Melbourne as well. It's a shame that most of the real profit has been snared by either property developers or individuals with ready capital to take advantage of the rental market.
sam said…
hehe, meanwhile they make for stunning photos for the rest of the world to drool over, nice shot! (Am I to assume, from the tone of your discourse, that you are in favour of retaining the former depravity and filth there, hehe?)
Kris McCracken said…
Sam, not really depravity and filth, I do have a grudge the toffs move in because of an area’s ‘edge’, then proceed to force out all of the people/things that gave it that ‘edge’. It also annoys me that in all of the money made off it, it was speculators getting rich, not the people who owned the property that was once worth nothing!

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