Does the name “Carl Fredricksen” ring a bell?

If you’ve seen the Disney Pixar film “Up,” then hearing the name might have immediately put a smile on your face.

In the film, 70-year-old Carl stubbornly refuses to let developers talk him into making drastic changes to his home while the rest of the neighborhood undergoes construction.

With everything transforming into newness, Carl puts his foot down until the back and forth between the developers causes injury to one of the construction workers.

What does Carl Fredricksen have to do with this story?

Well, he and this family possess the same determination to hold on to their property despite developers attempting to convince them through talks of money and modernization.

For Carl and the Zammit family of Sydney, Australia, money isn’t the most important thing.

The Zammits’ land is estimated to be worth around $50 million.

But there was no instant “yes!” to the opportunity to earn from selling their land.

When the family first bought their land, it was a place full of cottages and farms, and it was conveniently located 30 minutes away from Sydney’s central business district.

The houses in the area were unique, each with its own charm.

Changes continued to happen within the neighborhood, and development agencies gradually transformed most of the properties into new homes designed with the same facade.

It certainly looked new and well-developed, but it just wasn’t the Zammits’ cup of tea.

The Zammits’ land happens to be massive.

In fact, it can hold up to 50 properties. Taylor Bredin, an agent for Ray White Quakers Hill, tells 7News,

“Depending on how far you push the development plan, you’d be able to push anywhere from 40 to 50 properties on something like this, and when subdivided, a 300-square meter block would get a million dollars.”

Diane Zammit believes no amount of money can replace the value of their property.

According to her, the place used to be a farmland dotted with little red brick homes and cottages.

She recalls how there used to be so much space, and that uniqueness was evident.

However, things changed pretty quickly.

The Zammits have not disclosed any details on whether or not there are plans for their home.

No amount of money can sway the decision of the Zammits to keep their property as is, regardless of the swift developments happening all around.

The same agent who estimated the number of properties that could be housed on the Zammits’ property admits to holding admiration for the family’s refusal to budge despite the amount of money that can be earned from selling.

There is no place like home.

The value of land that’s been in the family for decades cannot be changed by promises of earning potential.

The Zammits all agree that they’d rather keep their land than immediately hand it over for a specific amount just to have it transformed into an area that resembles all the other homes in the neighborhood.

Watch the video below for a glimpse of the Zammits’ property!

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Source: 7NEWS Australia, Wikipedia