Derek27 wrote: ↑Mon May 23, 2022 10:11 pm
For £381K, you'd struggle to find a house like that in the UK. In London it would probably be £600K-£800K. I wouldn't mind retiring to Australia if you can get cheap property. I'm still waiting for a bit of decent weather over here.
In the capital cities of Au you'd pay similar sort of prices. It's a big, low populated place, so there's plenty of places with all the facilities outside of capitals (except for job prospects)...
Archery1969 wrote: ↑Mon May 23, 2022 10:29 pm
There was an interesting article at the weekend about Australia saying that in 10 years time most parts will be inhabitable due to fires and flooding caused by climate change. Its too late to turn the clock back. It also went onto say that hardly anyone will be able to get property insurance.
I don't know if I believe that. I mean probably 50% of the place is already uninhabitable cause the centre is a desert. Myself I am in a cyclone prone area (north east), and I believe my insurance premiums are about double what they are down south....Predominately the bulk of the population is in capital cities that don't care too much for the environment because they live in air conditioning

.... The guys with million dollar properties right on the river always complain when it floods though... Humans have short memories and are very temperamental...
Presumably when Covid came along, in Melbourne, the prices dropped 3%...cause they were the only ones with an outbreak for a while...
I can only assume people in Ukraine are the same...like... at some point the war will end, and everyone will forget....but for now....gotta sell my stuff at bargain basement prices....