Big Brother 2012 Thread (1 Viewer)
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eshay lad 69
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Re: Official Big Brother 2012 Thread
in on first page
in on first page
JINOUGA
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Re: Official Big Brother 2012 Thread
why would anyone watch this
why would anyone watch this
starshine02
Member
I used to love watching them all bitch about each other in that little room.
townie
Premium Member
I was sceptical at first, but I think I'm hooked (I used to be a massive BB fan in the early seasons until it got too gimmicky)
Shadowdude
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is it just me or that nathan geek guy reminds me of khorne
soloooooo
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Lol @ the supposed multi millionaire on Big Brother. I looked into it and it is hard to call him a millionaire yet even let alone a multi millionaire. He has bank loans of 3 million and property at just over 4.5million in value currently. The crunch is that most of that property is located in a small mining town in WA where prices are exorbitant and the properties are highly overvalued at present. The rents he is receiving currently are high and are unlikely to last. Although I commend him on getting this far.
The part that is stupid though is that his "multi millionaire" status encompasses his future perceived assets also. he owns a lot with a house on it and is subdividing it. He counts in his wealth the new house valuation being worth over 1 million dollars (with 500K in construction costs). Then he also owns another block of land that he plans to build a commercial building with offices on, he purchased the land for half a million yet currently values this project in his networth at 2.5million (with 600K of construction costs).
That is just ridiculous. He is only a "multi millionaire" once the perceived final value of his development projects are valued into it; at the moment they are vacant lots and should only be valued as such. If he had to sell up tomorrow or the mining boom ends suddenly the bank loans would put him under likely.
The part that is stupid though is that his "multi millionaire" status encompasses his future perceived assets also. he owns a lot with a house on it and is subdividing it. He counts in his wealth the new house valuation being worth over 1 million dollars (with 500K in construction costs). Then he also owns another block of land that he plans to build a commercial building with offices on, he purchased the land for half a million yet currently values this project in his networth at 2.5million (with 600K of construction costs).
That is just ridiculous. He is only a "multi millionaire" once the perceived final value of his development projects are valued into it; at the moment they are vacant lots and should only be valued as such. If he had to sell up tomorrow or the mining boom ends suddenly the bank loans would put him under likely.
