1 00:00:00,920 --> 00:00:02,920 Speaker 1: This is gam Nation. We're jen. 2 00:00:04,480 --> 00:00:05,840 Speaker 2: With a block last night. 3 00:00:06,000 --> 00:00:09,080 Speaker 1: Now, I haven't watched You're the font Brendan because you've 4 00:00:09,080 --> 00:00:11,080 Speaker 1: watched a lot of the block this year. I haven't 5 00:00:11,119 --> 00:00:13,960 Speaker 1: watched a lot, but I watched last night from the 6 00:00:14,760 --> 00:00:17,400 Speaker 1: tuned in. What's the first auction? It happened the two 7 00:00:17,440 --> 00:00:23,120 Speaker 1: guys Omar and Oz one point five million dollar profit. 8 00:00:23,560 --> 00:00:25,759 Speaker 1: So the others are going, you beauty. All our houses 9 00:00:25,760 --> 00:00:28,400 Speaker 1: are similar. This is going to be amazing. The other 10 00:00:28,440 --> 00:00:31,920 Speaker 1: houses one got twenty grand over the reserve, the others 11 00:00:31,960 --> 00:00:36,040 Speaker 1: were passed in. What does all of this mean? Is it? 12 00:00:36,080 --> 00:00:39,200 Speaker 1: And I'm going to ask you this. These houses aren't 13 00:00:39,240 --> 00:00:41,360 Speaker 1: in the city, are they. They're forty minutes out. They're 14 00:00:41,360 --> 00:00:44,600 Speaker 1: sort of seen as weekend as perhaps or as people 15 00:00:44,600 --> 00:00:46,600 Speaker 1: who want to relocate out of the city. And maybe 16 00:00:46,600 --> 00:00:50,320 Speaker 1: when this show was conceived this season they thought everyone 17 00:00:50,360 --> 00:00:52,160 Speaker 1: because of COVID wants to get out of the city. 18 00:00:52,760 --> 00:00:54,760 Speaker 1: Most people now actually moving back to. 19 00:00:54,720 --> 00:00:57,720 Speaker 2: The Melbourne commute. It's different to the Sydney commute in 20 00:00:57,800 --> 00:01:02,040 Speaker 2: Melbourne and particularly Brisbanely, Brisbane's probably got the same sprawl 21 00:01:02,080 --> 00:01:04,679 Speaker 2: that Sydney has, it's just about twenty years behind. But 22 00:01:04,800 --> 00:01:08,600 Speaker 2: in Melbourne. For example, my grandmother used to live in Heidelberger. 23 00:01:08,600 --> 00:01:10,399 Speaker 2: I remember one day I was getting the taxi from 24 00:01:10,400 --> 00:01:12,800 Speaker 2: the airport and I said to the guy that my 25 00:01:12,880 --> 00:01:14,880 Speaker 2: grandma used to live in Heidelberg, and he said, yeah, 26 00:01:14,920 --> 00:01:17,759 Speaker 2: out in the sticks. Heidelberg's pretty much fourteen k's from 27 00:01:17,760 --> 00:01:20,200 Speaker 2: the city. It's like it's like rockdar You wouldn't say 28 00:01:20,240 --> 00:01:24,240 Speaker 2: Rockdars out in the sticks, but in Victoria the Masidon 29 00:01:24,240 --> 00:01:28,280 Speaker 2: where these houses are at their forty k like probably 30 00:01:28,280 --> 00:01:29,920 Speaker 2: forty minutes drive out. 31 00:01:29,720 --> 00:01:31,280 Speaker 1: Of the city and that's seen as a long way 32 00:01:31,319 --> 00:01:31,800 Speaker 1: only when. 33 00:01:31,720 --> 00:01:34,880 Speaker 2: Carnala, that's forty minutes from the city. 34 00:01:34,880 --> 00:01:37,760 Speaker 1: But this in Melbourne is seen as out in the sticks, 35 00:01:37,760 --> 00:01:39,880 Speaker 1: out in the sticks, and that was their plan. Is 36 00:01:39,920 --> 00:01:43,880 Speaker 1: a country estate. Four million dollars was a reserve that's 37 00:01:44,000 --> 00:01:48,400 Speaker 1: very expensive for people for a mixed market. Where are 38 00:01:48,440 --> 00:01:51,120 Speaker 1: people wanting to leave the city and spend four million dollars. 39 00:01:51,320 --> 00:01:53,400 Speaker 1: Are you going to spend four million dollars on a 40 00:01:53,480 --> 00:01:56,120 Speaker 1: luxurious weekend or one of which had a vineyard putt in. 41 00:01:56,240 --> 00:01:58,360 Speaker 1: That's not easy stuff to just turn up on the weekend. 42 00:01:59,000 --> 00:02:01,800 Speaker 1: Interest rates have gone up since then, so this is 43 00:02:01,800 --> 00:02:03,920 Speaker 1: how real estate goes and That's what Scott cam will 44 00:02:03,960 --> 00:02:07,640 Speaker 1: tell you is that this isn't necessarily going to get 45 00:02:07,680 --> 00:02:10,240 Speaker 1: you your nest egg. What were the reserves too high? 46 00:02:10,480 --> 00:02:13,200 Speaker 2: Why don't know that's secret millionaire guy? Well he's not secret. 47 00:02:13,240 --> 00:02:15,360 Speaker 2: That guy Danny that comes on in his little bit, yes, 48 00:02:15,400 --> 00:02:18,520 Speaker 2: aspergery with his bets. He bets, I mean his bids. 49 00:02:18,560 --> 00:02:21,720 Speaker 2: Rather he goes by scent increments. But this guy's worth 50 00:02:21,760 --> 00:02:23,720 Speaker 2: a fortune. He's worth one hundred and forty million dollars 51 00:02:23,800 --> 00:02:27,480 Speaker 2: or something, so they're beholdened to him as what he's 52 00:02:27,520 --> 00:02:27,840 Speaker 2: going to do. 53 00:02:28,080 --> 00:02:29,800 Speaker 1: I know. And that's a shame too, because you're not 54 00:02:29,840 --> 00:02:32,680 Speaker 1: seeing regular people buying them. You're not seeing regular people 55 00:02:32,720 --> 00:02:35,240 Speaker 1: saying I've fallen in love with this and I want 56 00:02:35,280 --> 00:02:37,320 Speaker 1: to move here because it's everything I love, which is 57 00:02:37,360 --> 00:02:39,560 Speaker 1: what you want at the culmination of a series like 58 00:02:39,600 --> 00:02:42,720 Speaker 1: this also, can I ask you you know how they 59 00:02:42,760 --> 00:02:45,800 Speaker 1: were saying it's getting up to reserve. Once it hits reserve, 60 00:02:46,000 --> 00:02:48,560 Speaker 1: you have to sell it. And so they were saying 61 00:02:48,639 --> 00:02:53,240 Speaker 1: pull it, pull it, pass it in before it got 62 00:02:53,240 --> 00:02:53,840 Speaker 1: over reserve. 63 00:02:54,600 --> 00:02:56,880 Speaker 2: Because the contestants and the real estate agents, I don't 64 00:02:56,880 --> 00:02:59,480 Speaker 2: think quite understand that, because their goal is just to 65 00:02:59,480 --> 00:03:02,160 Speaker 2: get the house over reserve so they can make money 66 00:03:02,160 --> 00:03:04,679 Speaker 2: for their client. So the client if you're selling your house, 67 00:03:04,680 --> 00:03:06,720 Speaker 2: say you were to sell your house and you put 68 00:03:06,720 --> 00:03:09,960 Speaker 2: it there three million dollars and then it gets to 69 00:03:10,280 --> 00:03:12,480 Speaker 2: three million dollars, so it's on the market. So if 70 00:03:12,520 --> 00:03:14,519 Speaker 2: you get three million and one dollar. 71 00:03:14,440 --> 00:03:15,639 Speaker 1: You have to sell it. 72 00:03:15,639 --> 00:03:19,799 Speaker 2: It's so deal, but that's your house. You get the money. 73 00:03:20,240 --> 00:03:23,440 Speaker 2: In this case, the block gets the money, like Channel 74 00:03:23,480 --> 00:03:26,000 Speaker 2: nine gets the money for the house, and the contestant 75 00:03:26,160 --> 00:03:30,240 Speaker 2: gets whatever over that reserve. That's right, twenty thousand dollars, 76 00:03:30,720 --> 00:03:34,160 Speaker 2: which was the case for Tom and Sarah Jane who. 77 00:03:34,120 --> 00:03:36,640 Speaker 1: Does that work, and the others were passed in. Yeah, 78 00:03:36,920 --> 00:03:39,280 Speaker 1: is that fair if you're happy to only pay ten 79 00:03:39,360 --> 00:03:42,960 Speaker 1: dollars above reserve. That's how the rules were. Well, so 80 00:03:42,960 --> 00:03:45,040 Speaker 1: we saw the host I know, but we saw behind 81 00:03:45,080 --> 00:03:47,520 Speaker 1: the scenes of them saying pull it pull yeah, and. 82 00:03:47,440 --> 00:03:49,480 Speaker 2: The real estate agents came, well, no, I'm just trying 83 00:03:49,480 --> 00:03:51,960 Speaker 2: to get it above reserve. So they don't actually understand 84 00:03:52,160 --> 00:03:55,440 Speaker 2: how that how the game show works, how the game went. 85 00:03:55,600 --> 00:03:59,520 Speaker 1: That's the interesting combination of game show and real estate moment. 86 00:03:59,720 --> 00:04:02,480 Speaker 2: Yea, So maybe they should have a meeting Channel nine 87 00:04:02,480 --> 00:04:03,480 Speaker 2: in the boardroom. 88 00:04:03,080 --> 00:04:05,000 Speaker 1: And which should have been is it game show or 89 00:04:05,040 --> 00:04:05,840 Speaker 1: is it real estate? 90 00:04:06,360 --> 00:04:08,040 Speaker 2: And also you look at those people. They spend three 91 00:04:08,040 --> 00:04:10,560 Speaker 2: months of their lives doing all this work and then 92 00:04:10,720 --> 00:04:13,040 Speaker 2: the fruits of their endeavors, you know, they only get 93 00:04:13,040 --> 00:04:15,080 Speaker 2: twenty thousand dollars. But then again they do get a 94 00:04:15,160 --> 00:04:17,680 Speaker 2: national profile. They could be doing an ad for carpet 95 00:04:17,680 --> 00:04:20,200 Speaker 2: cord or toilets or something like that. So there is 96 00:04:20,200 --> 00:04:22,560 Speaker 2: something down the track. You know, you roll, you do 97 00:04:22,800 --> 00:04:24,920 Speaker 2: the deal with the Devil. If you want TV fame, 98 00:04:25,160 --> 00:04:28,360 Speaker 2: you do you know, you do have roll the dice. 99 00:04:28,480 --> 00:04:30,760 Speaker 2: It's pretty much Charlie Daniel's band, The Devil went down 100 00:04:30,800 --> 00:04:32,400 Speaker 2: to Georgia. You know, he's put in your soul up 101 00:04:32,440 --> 00:04:35,880 Speaker 2: against a fiddle of gold, hoping that it will work 102 00:04:35,920 --> 00:04:36,159 Speaker 2: for you. 103 00:04:36,720 --> 00:04:39,480 Speaker 1: Yeah, I'm sure we'll hear in coming days what the 104 00:04:39,520 --> 00:04:42,160 Speaker 1: properties may have sold for off the market or you know, 105 00:04:42,360 --> 00:04:46,159 Speaker 1: off away from the auction. But Scott cam looked like 106 00:04:46,160 --> 00:04:47,080 Speaker 1: he was going to throw up. 107 00:04:47,360 --> 00:04:49,039 Speaker 2: I like when Scotty gets on the phone, but I 108 00:04:49,120 --> 00:04:51,640 Speaker 2: like when Scotty turns into you know, the boss man. 109 00:04:53,240 --> 00:04:54,320 Speaker 2: Pass it in, go on