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The Property Dude Shall Abide

Category: News Column - Property Report SEA. Posted: 1st Feb 2014

The quest for the ultimate property deal becomes a cycle that sees the deal makers rise and fall, then rise again in search of the Holy Grail.

In Andrew Rabin's opus "A Once and Future Dude", he writes about "the Dude" being the twin king-pin of a man, splitting his confluence for both his time and his place.

So bring on that real life study of Dudeism and the cult-like Coen Brothers epic, The Big Lebowski.

Within intellectual circles, at long smoky bars and on the beanbag circuit the quest for the "story within a story" is the Dude's actual quest; much like the search for the fabled Holy Grail. Tracking the latter takes us sideways into the legend of King Arthur and even Dan Brown's Da Vinci Code, which tapped into the same elusive tale, though with a sanguine twist as Mary Magdalene became a stand in.

Real estate could easily be placed on a similar ideological pedestal as the Holy Grail, where meaning and reality disappear hand-in-hand into a thick fog; one which hangs out longer than an uninvited booze hound at a cocktail party. After all, property developers and brokers all live for just one thing - The Deal.

Up the down escalator, sprinting like Bolt all the way up - bigger, bigger, biggest. Even stranger than reality is that at times it's not even about the money but the rush.

Welcome to Bitcoin, Justin Bieber and Furby. To walk with the best of them you have to spout all the "Big B's": brawn, balls, bravado and just plain and simple "bull", amplified with the latest model of bright shiny beats.

My fingers and toes begin to tap as they mingle with a growing feeling of unease that often comes with thoughts of those high pressure types. Take Napoleon for example. He'd surely have been able to crank out subdivision after subdivision on his erratic and poorly planned road trips abroad.

Although being a man of vision, I'd imagine the last chance pitch on turning Saint Helena into a teaming metropolis for high-end luxury villas and yachts died with him.

Deal junkies remain an enigma of the age, and like Mick, they just can't get no satisfaction. Over my property lifetime, a river has run right through the days and years, with various personalities coming and going. Yet one recurring event has been the resurrection of the fallen. They dive from the heights of one big deal down into the depths of despair, only to become another Phoenix and rise again. The cycle is endless, and in many ways similar to the way the Holy Grail has continued to stand the test of time and remain relevant right to even the eleventh hour.

The inventor of the Grail sadly forgot to install a pause button or kill switch. In the worst case of ADD (attention deficit disorder) imaginable we remain stuck with our friends and foes, fanatics and fiends - the big deal people. It's in their DNA and nothing we can do or say will change that. So the property dudes continue to abide - day in, day out - there is just no way around it.

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Telephone: +66 (0)76 271 535
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