15 years ago you could buy a flat in Bondi for 200K ;) OK, maybe not, but Brisbane home owners definitely weren't asking 1.5M for a very ordinary house 15K from the CBD. Post-COVID, the world went mad and decided Australian real estate was a better investment than gold bullion.
We left Australia earlier this year after a number of generations. I've advised many people over the years to reconsider choosing Australia as a place to build a life includng my own children. Near impossible to build wealth due the high cost of living, real estate prices and especially taxes and I highly doubt the rates of capital gain will emulate what we have seen in the last going forward. If you work hard the whole month you expect to have saved a lot but for many they are in the same position as the prior month meaning they essentially worked for free. It has become a life of working to pay bills and taxes. Nothing is going to change any time soon. Both major parties have the same plan and even if spending was cut and the necessary reforms put in place it would still be 30 years plus of high taxes because of how much debt has been racked up. A brave and smart move to look for a better option for your family.
don't agree. We are living in Melbourne since past 5 years. Both of us are working and we can easily afford more than a decent lifestyle. All this housing crisis is exaggerated. May be in Sydney, but in most other Australian cities, that's not the case. Also, cost of living is going up in all western countries and not just Aus. Who would leave such a great country with excellent weather, clean air, safety, good education (free), good medicare services etc.
Everyone's situation is a little different and will experience things differently. These guys are obviously a bit lower middle class, with no established wealth/family structure in Aus. So they will need to live further away from their work, etc, and naturally struggle a bit more to get by. They are better off in a cheaper, developing country, so they can thrive. But you are right, there's no place like Aus 🇦🇺
Yes you are correct. We went to Canada few weeks ago and stayed for 2 months to visit family..was not so great..reminded us of our life in Australia and then we then we ran away 🤣
Don’t confuse private schools for independent schools. All non government schools are private, within that there are Catholic and independent. Most of the very expensive schools are independent.
@@tinydetour No one wants to leave UAE that's for sure. Can afford multiple house helps Education quality is Great and extracurricular facilities are Olympic standards No tax It a mountain, sea, ocean, desert, ... Unlimited shopping malls and cafes. Ramadan month less working hours Safest country in the world. It's unrealistic but here is zero crime Healthcare topnotch, zero waiting time even in non emergency cases, all covered in insurance by employer for every person ( except dental n eye , some insurance cover them ) Celebrated all the festivals, never felt like I'm not in my country No politics, so no hindu-muslim feud, no india-pakistan-bangladesh feud, everybody focused on earning money, family, friends and fun. Nov end to march is outdoor time. Can buy a 2bhk decent size apartment at 1.7M aed, a 3bhk townhouse at 2.4 M aed. Super strict rule n high fine so no one breaks rule. This country is for everyone, someone earning 10k a month is surviving, someone earning 50k a month living-saving-having fun, someone earning 200k a month building a business. I will never leave this country for healthcare, safety and house help. All my friends who left this country for the west regretted it and most of them came back.
@@onkarkalpavriksha8676 yeah full of shit in the name of content. Worst is the youtube feed which prioritises clickbait without grading quality of the content.
15 years ago you could buy a flat in Bondi for 200K ;)
OK, maybe not, but Brisbane home owners definitely weren't asking 1.5M for a very ordinary house 15K from the CBD. Post-COVID, the world went mad and decided Australian real estate was a better investment than gold bullion.
Yeah it’s crazy!
We left Australia earlier this year after a number of generations. I've advised many people over the years to reconsider choosing Australia as a place to build a life includng my own children. Near impossible to build wealth due the high cost of living, real estate prices and especially taxes and I highly doubt the rates of capital gain will emulate what we have seen in the last going forward. If you work hard the whole month you expect to have saved a lot but for many they are in the same position as the prior month meaning they essentially worked for free. It has become a life of working to pay bills and taxes. Nothing is going to change any time soon. Both major parties have the same plan and even if spending was cut and the necessary reforms put in place it would still be 30 years plus of high taxes because of how much debt has been racked up. A brave and smart move to look for a better option for your family.
Thank you so much for your honest pov. We really appreciate that you see it the sme way. Where did you move to btw?
don't agree. We are living in Melbourne since past 5 years. Both of us are working and we can easily afford more than a decent lifestyle. All this housing crisis is exaggerated. May be in Sydney, but in most other Australian cities, that's not the case. Also, cost of living is going up in all western countries and not just Aus. Who would leave such a great country with excellent weather, clean air, safety, good education (free), good medicare services etc.
Everyone's situation is a little different and will experience things differently. These guys are obviously a bit lower middle class, with no established wealth/family structure in Aus. So they will need to live further away from their work, etc, and naturally struggle a bit more to get by.
They are better off in a cheaper, developing country, so they can thrive.
But you are right, there's no place like Aus 🇦🇺
@dsinghr ... good for you. The difference is that we saw past the narrative we are constantly fed about country A or about being the 'best'
@mushy111 - What makes you think we are lower middle class? How do you define that?
Very much Canada is the same....
Yes you are correct. We went to Canada few weeks ago and stayed for 2 months to visit family..was not so great..reminded us of our life in Australia and then we then we ran away 🤣
@tinydetour 😅😅😅😅
Don’t confuse private schools for independent schools. All non government schools are private, within that there are Catholic and independent. Most of the very expensive schools are independent.
Yup, you are correct
Did you give up Australian citizenship? Or would you ?
No, and Why should we?
In the near future Australia, like USA, might introduce citizenship based taxation. Australian citizenship won't be so useful then.
You can move to dubai.
Do you live there? Tell us more...
@tinydetour yes almost a decade now. In both Abu Dhabi n Dubai.
@@tinydetour No one wants to leave UAE that's for sure.
Can afford multiple house helps
Education quality is Great and extracurricular facilities are Olympic standards
No tax
It a mountain, sea, ocean, desert, ...
Unlimited shopping malls and cafes.
Ramadan month less working hours
Safest country in the world. It's unrealistic but here is zero crime
Healthcare topnotch, zero waiting time even in non emergency cases, all covered in insurance by employer for every person ( except dental n eye , some insurance cover them )
Celebrated all the festivals, never felt like I'm not in my country
No politics, so no hindu-muslim feud, no india-pakistan-bangladesh feud, everybody focused on earning money, family, friends and fun.
Nov end to march is outdoor time.
Can buy a 2bhk decent size apartment at 1.7M aed, a 3bhk townhouse at 2.4 M aed.
Super strict rule n high fine so no one breaks rule.
This country is for everyone, someone earning 10k a month is surviving, someone earning 50k a month living-saving-having fun, someone earning 200k a month building a business.
I will never leave this country for healthcare, safety and house help.
All my friends who left this country for the west regretted it and most of them came back.
pls leave Australia asap
and give us chance to fill the vacant place!!!
U realise that residency is not connected with others leaving right?
@ I know all
U guys made this topic to get more views!
If u r de satisfied than leave Australia
Don’t make others confused
This is my message
We have a lot more confidence in people in general.. im sure they can make their own decisions
Please move out quick than just making videos of moving out 😂😂
What?
@ th-cam.com/video/S351wd9rn1s/w-d-xo.htmlsi=qAjIQ_eMYrSIB39g
This was months back and still not moved out? 😂😂😂
@@uassth Lol .. .... thats what youtube is these days ... Lies and Lies ... and make money out of it ....
@@uassth They have moved out.
@@onkarkalpavriksha8676 yeah full of shit in the name of content. Worst is the youtube feed which prioritises clickbait without grading quality of the content.