So you think the government printing ungodly amounts of money and stifling the free market is…. the private sectors fault.. and the solution is to increase the amount of spending the government does? The government, ie; the people who take our money and are still in ever increasing mind numbing amounts of debt.. Ill tell you one thing for sure, the government has ran a successful propaganda campaign to blame the private sector for what they themselves did. Think about it, what happened in 2008? The government BAILED OUT the banks by printing a s*** ton of money, it was called quantitative easing (QE). The idea was to bail out the economy and then the economy could slowly pay that back and get on its feet again. But what actually happened since then? Theyre up to QE 4 or 5 because it didnt work and they can’t increase interest rates nearly as much as they should in order to quell spending and borrowing. So where did all that cheap interest rate bail out money end up? Bidding up the prices of everything. Thats why we are supposed to let the free market determine interest rates, we’re supposed to let banks fail if they dont run their business properly, we’re not supposed to print money. We have ever increasing social ism and a population who blames the free market for government mistakes
@@CarlosAlberto-ii1li you’re absolutely wrong. It’s a tourism and lifestyle channel. Sharing content and lifestyle decisions, including risks. I understand you’re cynical for a reason, but it’s definitely not the fault of these TH-cam actors. As someone who lives in Australia, I completely agree that the trajectory Australia is heading in is completely unsustainable.
Australia is out pricing its self.. and certainly not worth it. the Aussie dollar is mere peso's when going overseas, its like being trapped on prison island...
@@LloydandMandy look into Quantitative Easing (qe). Its not the private sector causing inflation and high prices, its the government printing ungodly amounts of money. We need LESS government intervention in the free market, not more.
I'm from Australia but have been living in Asia for 20 years. I cannot believe what has happened to property in Australia. So lets look at a country which has addressed the same problem, Singapore. They had escalating property prices but acted on it. They, like Australia, have onerous property taxes levied at the time of purchase. They dramatically increased stamp duty on purchases of second, and third homes. By dramatic increased I mean in the order of 200-300%. If you were a foreign national buying Singapore property, same thing. Also they restricted "flipping", if you were in these categories then you could not sell for 5 (I think) years. That stopped the price increases in its tracks. Why they couldn't do something like that in Australia for my kids is beyond me. It's an intergenerational steal from millennials to baby boomers. From millennials to overseas investors. If the Australian government tells you that there are complex reasons that they couldn't do something similar then my response is, well then the solution is above your paygrade so we need to get someone else. This is a solvable problem, but it needs political will. The government members and the highest paid sector in Australia, the public service, have a vested interest in this problem not being solved. You pay so much tax in Australia, and the government has just messed everything up. Dont let them tell you its not a high tax country, it definitely is. I lived and earned money in Malaysia and SIngapore, i know from first hand experience. Politically, I'm a pretty middle of the road baby boomer, but the various Australian governments are expensive and utterly incompetent. You disagree? Well how did this situation arise? How is it that no one in the elected leadership saw this coming and did something about it before it became chronic? No political party articulated a problem that was just over the horizon (by this i mean, in time) and proposed solutions. Its pretty disgusting when you think about it.
It's because the Libs base are old home owners. Making them feel wealthy kept these incompetants in power. Labors proposed neg gearing changes lost them an election! I bet you didn't vote Labor.
@@JasonISF I have worked hard, paid off my mortgage in 10 years, have investments and savings and can afford to retire before 50 in a better place than Oz. Life is about choices.
It's not just the cost of houses or the cost of living, it's the lack of freedom too. There's rules for everything... and don't even get me started on the revenue raising cameras we have absolutely everywhere. There's so much corruption and corporate greed now it's ridiculous.
Spot on mate. When I came here 23 years ago, the one thing that hit me in the face was the RULES. Now I am not opposed to reasonable rules but in all honesty, the rules here were rules for those rules, and then there were rules on top of those rules and then more rules for the ones underneath those rules. It's just insane. It does not allow freedom of thought, AT ALL! One year I was chatting with a woman who worked in psychology for Centrelink, and she told me that in the previous 12 months they'd had 96,000 amendments to their rules. I was shocked and asked how one would remember them all.....her reply was...'We don't, we just muddle through and then look them up when we need them.' So yes, WAAAAAAY too many rules here.
@aaron4387 It's the same in the UK. I struggled to get by on two pensions, so I moved to Thailand, where I live like a king and only spend 75% of my pensionable income.
@@trevor5526 that’s awesome mate I’m really happy for you. We’re 100% committed to doing the same when our little dog is no longer with us. Rent the house out and get the flock out of this place.
Yeah, I'm a 30YO, worked since 14YO doing whatever work I could, educated, skilled, never broke the law, always paid my way and I'm bloody leaving. I'm so sick of feeling unwelcome in my own country and not being able to afford basics while working 2 jobs 55+ hours a week I'm done. The government's, both Labor and LNP have failed their people.. to the point of treason. I'm so angry with our government and just corrupt they are. I know there's a war coming and I'm getting the heck out.. I used to say I'd defend my country to the last, now there's nothing left to fight for. I've been made abundantly aware I'm not welcome by the actions of politicians. So I'm going, cya later Mates.. I hope those refugees and immigrants have the Aussie spirit you'll need to defend this land running through their veins. Because the convicts are bloody done.
@@EmilyTAYLOR-mo9xc I think Canada has about the worst Prime Minister in the western world. Every Canandian I have met hates him, and with good reason, in my opinion.
💯. I'm getting out. Single, 46, and I'm sinfully white and male, so basically I'm hybrid of Hitler and the Devil. Living very frugally. Own my house. Very cheap in a country town. Paying off 2 other properties. Will stack some stocks, save enough to buy an apt in Thailand, then I'm out of here.
I almost NEVER agree with anything he has ever said, but Xi Jin Ping said exactly the same thing when people in China thought that owning and buying properties was the pathway to riches. They have had a very rude awakening.
@@bwana-ma-coo-bah425 actually he does, everyone I know says their house is an investment. No, it’s actually an asset. If it were an investment you would be deriving income off of it. Improved structures typically depreciate (for simpletons, fail, break, fall apart) at a rate exceedingly close to the rate they rise in value. Just because the Fed puts rates at 0 and real estate rising in value temporarily doesn’t turn it into an investment versus asset
This is easily fixable and the government knows it, they just don’t want to fix it. They need to stop VC firms, investment banks etc from being able to buy residential property.
Australia is done. I heard Canada is too. No pride or passion about their countries. Flooded with migration, those with deep pockets who smash the property markets and people like myself (aus citizen) have to pay for it (ie inflated housing). Not to mention the circus of covid and how the aus government handled that matter. If you say anything or stick up for your fellow Australians you're immediately shut down and labelled as a racist. Open discussion and analysis like this video is important. Thankyou for this content 🙏
You're right but complaining about immigration to people who have emigrated doesn't make any sense. Australia has consistently scientifically ranked having the highest living standards in the world, plus the pandemic has pushed up inflation & 1%ers are exploiting that. Statistically pandemics last 5 years so I expect things to go back to normal soon. The "America 1st" global war caused carnage about the planet & Darwin Award winner repeat offender Trump is the world's biggest threat. Global warming means things are different than the 80s. People living in an echo chamber are just making things worse & they know it. The global goal should be sustainability not polarised extremism.
It's the same in every western country not just Australia. The main reason is a mortgage is fraud / money made from thin air, so the Banks create money out of nothing so are really happy for this system to carry on.
If you want to see where it began look now further than the creation of the US Federal Reserve (owned by banks NOT the government) The Creature from Jekyll Island.
Yes it's not property speculation that caused it, it's wild money printing and the religion of statism make the government your daddy instead of Jesus.
But then you move to Thailand and out price their locals with your australian dollars. You just inflicting on someone else’s country the issues you are trying to escape
YES. THIS! People who complain about people moving to their country and the prices go up, then go ahead and do it to others. Leads to enjoying the benefits of others misfortune.
True, look at Bali. The prices are way beyond what an Indonesian can afford due to foreigners buying property there. That market it so over inflated it is crazy.
I am an old Aussie , a common misconception about Australia , and that is for decades it has been difficult to save a buck , and while yes we where still in many ways the lucky country, as the decades have rolled on our politicians have sucked the life right out of our country , back in the 70’s you still hard to work hard to earn a living , have a family , buy a house , but with a lot of sweat it was doable . Back in the 70’ one of my jobs was a machine operator, I would occasionally get the task of training new blokes some of which where world travellers , even back then , they liked Australia but it was bloody hard to save a buck , and there’s no doubt for most of us little people that problem has only gotten far worse , and owning a house for many will sadly never be a viable option . Talking to one of my neighbours some weeks ago , he was saying he is paying $660.00 dollars a week for rent of a 60 year old 3 bedroom house on a small block in the northern burbs of Melbourne . This sort of stuff you cannot blame on circumstances overseas , this stuff has been going on for decades , it comes back to successive government mismanagement by the big parties . A really funny statement from Albanese the other day , he said he was going to do something to get manufacturing in this country going again 😂😂😂😂 , I nearly fell off the chair laughing , if you where around back in the 60’s 70’s and 80’s , you’d have a clue that Labor was instrumental in the first blow at destroying our manufacturing , of course libs when they had a turn continued on with bad policy , it’s like we have had Abott and Costello running the country over all these decades , except Abott and Costello where less inept 😊. Currently Labor is screwing us at every opportunity, we have people living cars in tents , sleeping rough , sofa surfing on relo’s couches because Australians cannot get a roof over their head . An utter disgrace , and Albanese keeps bring people in from overseas claiming it’s going to fix the housing crisis 😂😂😂😂😂😂 , you just cannot make this stuff up. I have one foot in the grave I’m old , and I think that’s probably a good thing , because i don’t want to see where these F wits are going to take our country .
in 70ies average wage was 100 bucks a week, and a house was 30k each roughly (nice one).. 5 years wage would buy a house, now average wage 900 pw an average house is 700k, (shit or average one) now 15 years of wage buys a house.. plus back then people knew how to make do, now the amount of bills, utilities, petrol, other expenses .. impossible to achieve, i wasn't born here but yes i agree they let the foreign money come here and buy everything.. F wits already took the country.. they sit in the parliament. all the best
@@backyardthinker5996 aussies got big heads , big land but don't know what to do with it , is the same a useless wife , she only knows tear down your house , the same aussies
Its not just labor its the Libs too, these problems did not materialise overnight. The Libs were in for 8 years before labor, funny Libs never blame their own gov just the new in coming one. Me I can't stand either they are both corrupt and couldn't care less about the people. They just allow greedy corps to keep doing what they do, making money for shareholders and you can bet your balls all politicians have shares in the ones that are making the most $$$. Even if 100k new homes appeared overnight people who really need them won't be able to buy them, investors will have already struck a deal to pay $1 more no matter what. New apartments went up near me recently, 1 bedroom apartments are $725 a week, 2 bedrooms are $1250 a week. Needless to say they are sitting there empty, investors don't care, it costs less to keep them empty, they increase in value and they can sell again at the top of the market, rinse repeat. Most homes now in Sydney are sold as soon as the listing comes in. Estate agents have investors lined up to pay whatever the owners want.
Fun fact, "The Lucky Country" wasn't trying to portray Australia as THE lucky country, he was expressing his belief that with the amount of challenges we faced, including corrupt and inept governments, that Australia was lucky to be a country at all. One of the most misquoted titles of all time.
I came here 20 years ago, never thought that I need citizenship, until 2014. This was the perfect place to live work, earn and have a career. Now I have a passport for a place with zero future, and a house. The nation turned faster to shit then Europe in 50 years. I'm leaving too.
Thanks mate, I figured this out a few years ago, bought a property and made a decent profit in 3 years. I am leaving Australia in 2026 for Spain, where I have been there 9 times and spent 1 month's holiday 3 times before. I am a native Spanish speaker, and I will get a well-paying job in academia there. Life in Spain is vibrant and bloody cheap outside the big cities. Can you believe me if I say you can buy a 3-bedroom apartment in Andalusia, 20 minutes from Alicante and 30 minutes from Benidorm, for 25,000 euros? For that money in Australia, you can buy a wall lol ... I love Australia, but I want a better future in 15 years when I retire, and my super will be a bit of a fortune when I transfer to Spain when I get 60. Migration, as you probably know, is only for some. I did it here in Australia 23 years ago and will make it again in Spain. So excited to start a new life there ;-)
Well the cabal were money laundering all their loot via mainly Sydney's real estate market. They lost the war in 2018 and we have had a play going on trying to wake you normies up ever since. Trump has been commander in chief of the world's defence forces since 2020 and he was always the president in the background. The real Biden was executed, so was his son and the inauguration was actually his funeral. They used actors in masks and robotoids and clones to give the illusion Biden was there. The white house was closed the whole time as it is a satanic building and along with Australia's Sydney Opera House and Parliament House in Canberra, and the Vatican, and Buckingham Palace and many other landmarks - they will all be destroyed with the Rods of God (energy weapons) soon and made into bird parks. You would be amazed what is underneath those buildings. They were used by the cabal leaders for satanic rituals. Mainly children and babies that were put through torture by the draco reptilians for 3 days to get adrenochrome (tortured babies blood) out of them for the elite who paid a fortune for the elixir of youth (as they called it). All body parts were minced and eaten. A lot ended up in McDonalds meat. Thank christ I was not into that. It's not there now of course. As for 2026, you won't be on the 3D earth as it is about to disintegrate and we ascend to the 4D and 5D earth - everything is about to change. Wait for disclosures. Now Trump is back in the White House (not that he ever left the Presidency), everything will be revealed. Get ready for a 3 week lockdown and make sure you have a power alternative as the electricity will be off too while they change the internet to Starlink - off the demonic cabal's 3D internet. A few days I think. While that is off, the water is off too because the pumps won't work in the pipelines. I have stocked up.
Yes it's all TRUE!! but they forgot to mention that in addition to the ridiculous inflation the quality of everything has declined. You litrally pay top dollar for rotten food, sub quality clothing and houses that need a additional $100 thousand dollars fix important structural issues like dodgy roofs and mould damage
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if you’re a young couple trying to buy a house in Byron bay you’re kidding yourself. 95% of Aussies couldn’t afford to buy there. Look outside of your bubble and you’ll be surprised of what 500k-600k gets you is some towns. you may have to sacrifice a glamorous lifestyle in an overrated beach town but sometimes you gotta crawl before you walk. I know i did.
Yeah, thats insane. Why would anybody think their first home could be in the hotest tourist destination in Australia? His own words! I went to a crappy town worked hard, bought a low level house. Then a few yers later I sold, did it again in a slightly better spot. Who gets to buy in the best place as a young person? Nobody I ever knew.
I agree they are not doing themselves any favours by wanting to stay in Byron Bay or somewhere like Byron Bay. He may sound like he knows what goes talking about & made some good points but he really needs to do his research because many places in Australia do not have housing prices that high almost a third of that price
While I agree Byron is overdoing it, towns where you get 500-600k places don't have work for a lot of us. The don't have good education for kids. They aren't good places for our kids to start careers. The property is never going to appreciate to allow a jump to the cities. Buying a place in the middle of nowhere is not a workable solution for many of us.
@@zed5129 you didn't think that through did you. There are many towns that are much like a suburb of Sydney did you not know that. There are all the resources & job opportunities you need. Not all towns are like broken Hill you know
@@zed5129 Zed there are cities in central NSW that have everything you said places don’t. My kids have all grown up in public education and have gone on to university to get great degrees. These cities have all the facilities available in our major cities. Plus the upside is the affordable lifestyle. I’m 48 own my home and debt free, and my highest education is year 12. Living in a large country town has been a blessing. And the upside is I get to go on holidays to places like Byron bay, not live there.
I live in Mullum. That $1.5m house you were looking at in 2021 would now be around $2.5m. House prices in Australia are an absolute joke. Super disheartening and frustrating when you realise you may never own a home.
Move to the outback. I just bought an awesome house with a $50,000 loan. It has a few split aircons, huge yard, pot belly fireplace. Its still possible. You just need to be way out. Like over 5 hrs drive west. There is just over 1000 in my town and we all stick together. The only thing that can be offputting is the heat in summer. But winter is freezing cold.
Here in deep outback.. houses that were around $100,000 a couple of years ago have GONE DOWN to $70 and even $50,000 in some cases due to aging and tenant damage. Its still possible. You just have to make some big changes, like dealing with intense heat in summer. But its worth it. Im a surfer, i grew up in Woolongong and Shellharbour, lived in the ocean, i miss it so much, but i have to be real. Its just not possible on the coast anymore. Not to live in comfort. Moving to the outback and buying a cheap house was the best thing i ever did. Been here 10 years now.
I live in New Zealand and we considered buying property in Northern Australia a few years ago. We took a recent look at property prices and were gobsmacked at what has happened. The price of everything in the West at the current level is unsustainable. We live in a bus off grid in New Zealand because we cannot afford a house or the associated utiliities. I have to grow my own food or pay dearly at the supermarket just to survive. We make "too much money" to qualify for financial assistance (nor do we want it) yet we cannot pay for basic needs and live in a normal house. The only option is to move to a country where we can afford to live. Thanks so much for being an example of success and sharing your experiences.
I live in Canada and it's the same thing here. My parents bought our current home back in 1997 for under $200,000 and today it costs over a million. Oh and let's not mention the increasing costs of food and everyday necessities. It's insane. Also, just out of curiosity, how do you get internet connection in a bus?
@@matthewp956 Starlink! :) We are 100% off grid as well. It's nice not to be tied to the machine (as much as we can be anyway) but the fact is daily life for low-middle class citizens is a massive struggle at the moment. Self-sufficiency does help relieve some of that thankfully.
I can completely relate to your story as myself left a Western European country to start a new life.... nothing is perfect in thailand but at least you can have something that we all need inside us which is call "hope" for a better life
@@elizabethmatraszek630 if we had a similar law in Australia preventing foreign ownership ( and limiting naturalisation ) then they likely wouldn't need to move in the first place.
@@elizabethmatraszek630That's true but if you divorce amicably without kids you can sell and split the proceeds. My wife has a house ownership book and so do I.
My parents were born in Australia, I was born here and lived here my whole life. The last few years have shown how corrupt, woke, and lost our once great country now is. I have some things to deal with first but I'm looking to get out of here too. We are getting ripped off here so astronomically. Among the highest energy prices in the world yet we have abundant cheap brown coal that we sell to China for a fraction of the price we pay for it. Criminal. I have Russian ancestry so that will be my destination.
At least you're moving to somewhere with family history, rather than moving to somewhere unrelated and jacking up the prices of homes for the locals there.
I come from a different perspective. As educated and experienced Gen Xers who invested in Sydney property, we're now facing significant financial and job challenges in our late 50s. Despite still paying off our home, we’re burdened by debt, shrinking wages, and limited job opportunities, making it nearly impossible to maintain any half decent lifestyle into retirement. Our plan B is to relocate to a country with a high quality of life and lower cost of living. And before anyone suggests lowering expectations and moving to the country, I've spent 35 years in country NSW and wouldn’t go back. 3 hrs from anything outside of your bubble is not my pint of beer.
Certain pockets of country NSW are much nicer than Sydney, though. Australian cities are dreadfully boring compared to other cities in the world, so I've never understood why people pay so much to live in them.
Sadly all too true. I feel for my 2 children aged 20 and 18. I was lucky in that I bought a home in 2000. Not exactly where I wanted to live but it was affordable, even though it stretched the budget, especially when I stopped work to look after them. We've been lucky to have generated a lot of equity in our home but sadly it still won't get us where we want to live. We've learned to be very happy with what we have and don't want for anything. Wishing you and Mandy all the love in the world. Looking forward to the baby arriving. Home is where the heart is guys. xx
We should all be more angry with the amount of bnb's in our country. 60k homes in NSW alone are short-term rentals or bnb's. That is a disgrace. And how many people own more than one bnb? They are ruining the housing affordability and rental market.
Air BnB has become an absolute f**king cancer. Barcelona is finally doing something about it there. Time we did too. The older I get, the more I realise that most people do not deserve unregulated freedom; they are far too selfish &/or stupid.
Most councils in Tasmania will allow old sheds and huts to be renovated and given a certificate of occupancy but only for short term rental, so all the tourists can see the locals living in tents on public land.
It's a problem, but a small fraction of the amount of properties occupied by the tsunami of mass migration every year ( 1.1 million in the last year ). Mass migration to Australia is several times the number of homes being built , and in one year has been as many new people needing to occupy homes as there was in the whole decade of post WW2 migration. And of course at the new extreme rate of migration, the integration, and positive cultural sharing of the great post WW2 migration is clearly not intended by the authorities forcing it .
I'm 21. In the middle of Gen z. I'm struggling to survive here in Australia. I have chronic anxiety. My rent is 750 dollars per week. I went into a service station to get a protein bar and a milk. It set me back 10 dollars. I dont think I'm ever going to have children. I cant afford a car. All I do in my spare time is play video games and go fishing. I cant aford to enjoy my life. After I get home from work and the gym I just rot in my room. I have very violent thoughts however I cope with this by getting fast food or drinking. I soon won't be able to even afford that and god help me if I start acting out.
Your exactly right. I live in Redcliffe, and we pay 4k a month just on rent in a 4-bedroom House which is normal for this area. Our adult children can't leave home because of the cost. I talked to my wife 3 days ago about retiring to Thailand at the end of 2024. This is because we think we may not survive on a pension. So, we have decided to leave as well. Great video. New Subscriber.
I was homeless after I gave the house to my ex & my daughter. Then I became jobless. I have left Australia now, and like you, I find it hard to imagine going back there. The major parties have lost the plot and only want to sow division, and the rich have got really greedy, and have invested in non-productive assets. The wheels have come off and digging up the dirt isn't going to cut it any more. Here in Denmark, it is expensive, but I have a roof, a job, 6 weeks holiday, free education for kids, great maternity leave, and lots of jobs. A country barely bigger than Sydney. And yes, 25% of new builds are reserved for government release, that is the tax. The only downside is the weather. I can live with that for now.
Left Australia on the first flight after COVID and now happily living in rural France. Much happier, Super goes soooooooooo much further, and they have a great community attitude in the small villages. Thought that I would miss the country that I have loved my whole life, and vowed to defend, but haven't missed it a bit. Sometimes I even catch up with what's going on there and just shake my head. So glad to have gotten out of the State formerly known as Danistan. If we were still there we would have been asset rich but very cash poor.
@@tigerlilly3727 forget about France it is only for people with at least 2 million dollars just go to south east Asia you will be better of Europe is at war is crumbling don't be foolish in moving into a country the same as Australia ruled by nazi dictators
@@tigerlilly3727 We bought about 20 minutes south of Bergerac. We ended up buying an old winery with 30 acres that have been planted with trees. Large house, massive barns and a huge cellar. House was last renovated in the 60s so had to do a full renovation including setting up the property for horses (fencing paddocks, converting a barn into stables/tackroom etc and building a riding arena). Got builders in to complete all tasks in a year. Property cost 500,000 Euros including agents fees and spent about 300,000 Euros on all renovations/conversions. Now have a really lovely home. We are nicely nestled amoungst plum tree plantations with seasonal crops of sun flowers all around us. Loving life.
The place you live in sounds absolutely magical...always wanted to live in a place like that but presently stuck in the ugly city life. Tried to make my home as cozy as possible though and I do have a few fruit trees in the backyard...I don't enjoy living in Australia. It's just unsatisfying for the amount of money you have to pay for basic things.
Bravo. I left Australia over 10 years ago and only go back to restock on provisions and see my family. It’s a prison with so many rules and regulations it’s sickening. So much nicer in the tropics.
Yes, and the new military alians will cost australia its sovereignty. Australia will be left like Europe with a disgruntled China and sliding livingstandard at higher cost
Im a 64 yr old Aussie,i am not a home owner,i rent. Like you ive worked in similar jobs and hrs and i totally agree with you and understand. I'll be off to the Philippines when i retire ,Australia has become a greedy,selfish country !
Hi Mate, good example of why it's so difficult for young couples to get ahead in Oz. I moved to Dubai for about nine years and made good money working and leasing an apt there, and saving money. I also flipped some property to make some more money. In 2008, the property market crashed, so I decided to cash out, take a once in a lifetime trip around the US and Canada for twelve months in an RV, then moved to the Philippines, where I bought a house outright for cash (leased the land), and have lived here for 14 years. I only go back to Oz on holidays, and thank my lucky stars that I got out when I did. My living expenses are low, but I live well. I have no mortgage. Own my car outright, and earn money from a small business and pay almost nothing in tax. Health care here is cheap, and very good. I love being an expat. No regrets whatsoever.
Yeah, me too. Been out of Australia for 20 years. My wealth only really started to accumulate once I was out of Australia and didn't have the Australian Taxation Department thinking that my success was also their success. It's not their money, it was me working like crazy that generated that income.
yeah Mate, when I left Oz, I'd been working for the Avalon Airshow and making around $50k AUD a year. Once in Dubai I was making over $100k USD, with no tax. Jobs there also come with perks, like housing and car allowances, so I was just saving money like crazy. In Oz I barely had any spare change, everything went on bills and child support. Once in Dubai, I sent $1k a month for child support out of a moral obligation, since the ATO has no jurisdiction in Dubai. But I still had loads of money left over. I rented a nice two bedroom apt in a nice complex with a swimming pool etc, and indulged myself with leasing nice cars instead of buying them, and just using my car allowance for the payments. Had some good holidays in Europe as well. When the housing market there took off, I bought apts off plan, and flipped them, so by the time I left, I had a nice little nest egg. I researched SE Asia and decided the Philippines was a good place to go. I've never been happier. People here are kind and happy, speak English and I can even buy Aussie steak locally, cheaper than my grown up kids can buy it from a butcher in Perth. Generic medicine is available, and there's health tourism here, so all the latest treatments are available along with the latest technology. I pay for health insurance, but it's cheap. My kids come on holidays to visit me and get dental work done here, since it's way cheaper than Oz. I can get an hour massage for about $10 bucks. Chiropractors are here as well, and an adjustment is only about $30. I live up near Clark Airbase, lots of expats here and great restaurants. The Malls here have more stuff than they do in Oz as well. My washing etc is all done by a maid. What's not to love about this place, and lifestyle. Beaches, diving etc, it's all here. I'm getting married next year to a beautiful woman who's been working for me for several years now. She's a gem, and this place is a jewel. Cheers!
@@SWOODY183 As a wealthy mate of mine once said, “If you are paying high taxes, you are earning a high income”. Taxes pay for schools, hospitals, roads and more. Glad that you’re successful, just don’t be selfish either. And yes, the ATO is entitled to some of the profit you made from others.
I'm originally from the United States and have lived here for nearly 35 years. First of all, I would never go back there permanently and secondly, America is rapidly catching up to Australia in terms of the cost of nearly everything. It was considerably cheaper at one time, but those times are now gone. We aren't perfect, but I'm not going anywhere else. This is still a great country in many respects.
@@aaron4387 Thank you for your feedback as well. We are off to see my family and friends next month in Hawaii, Georgia and Florida. I will be voting in Florida in late October in the early voting period. I am a dual citizen so I'm entitled to vote. We leave to come back just after the election is held. It's going to be a very interesting dynamic, I'm sure. I'm voting for the very sensible candidate.
Greetings. My daughter lives in Toowoomba, Queensland. The cost of rent is outrageous there. She and her husband both work full time, and have no hope of ever buying a house in Australia. Even in a smaller non-coastal town like Toowoomba. Inflation is very bad there.
One very important thing to note here and an important distinction to make, a mistake in one of your points - In November 2022 (might be a small increase now) , the Australian Bureau of Statistics published that the "AVERAGE" salary in Australia was $1,807 a week or $7,230 a month which is what Lloyd said, or $93,964 a year. The reason mean or average is not a good metric to measure salaries is it is massively skewed by the top percentage of people who earn millions - billions. Median is the true metric of the average person and that figure is much more scary when you consider the monthly repayments example of $7,000+ on 1.5 million dollar loan. - let's also note this is not a normal monthly mortgage the median mortgage is $959,300. \ But the median salary reported in the same period was $1,250 per week, which is around $65,000 per year. This only makes it more scary when you realize the real monthly income people early is closer to $5,000 BEFORE TAX, pocketing more like $3,000 - now lets also consider interest. You usually end up paying back the majority or even more then your initial loan amount - over the usual 35 year period, on a 1.5 million loan you will end up paying closer to 3 million including interest over those 35 years if we use current trends.
i was about to say the same thing. I manage a lot of people, most earn roughly $1000 - $1200 per week. These people find it difficult to manage rent let alone a mortgage. It' a huge issue.
I am glad you have highlighted Lloyd's error. Your point is so true. There is a huge difference between the average Australia wage and the median Australia wage. It is disgraceful how the grubs of Australia predominantly only report on the average Australian wage. By doing this it does not give a true perspective of how f%cked up this Country is
I am so tired of older generations, politicians and property hoarders telling me “if you want to own a home then why are you still having holidays, dinners and buying new cars and making a few sacrifices?” We have made a *_SHIT TONNE_* of sacrifices. We don’t do near as much as we used to. I’m sick of older people dictating this stuff to us, whilst they did all that we do in their day and still saved relatively quickly for a home. Why is it that these people and the politicians tell us that we should accept a lesser quality of life than anyone else? All our money is taken now by essentials. Even on a high salary. Did that happen to them too? I don’t seem to recall that occurring. Everyday expenses used to be a small portion of income. Now it’s everything. Nothing left for a secure family home. So how about all these people get off their high horses and wake up to themselves? Property, grocery, fuel, entertainment prices have absolutely *_exploded_* out of control, whilst wages and salaries have all but stagnated by comparison! Where was that in their day? It is not the same. Our own government hates us. Soon they will prove just how much they loathe us by silencing our criticism and outrage through their “misinformation bill”, designed to allow only the Australian Government to decide what the “truth” is.
Hey well said and great points. As a 62 year old heard each side of politics go on about a “Minister for Affordable Housing” unfortunately ALL talk no action.. As you said, remember LandCom government released land at a reasonable price to help develop areas. Singapore has a 90% home ownership rate by the government building housing and selling to the public for reasonable $$. Australia and Canada are in the top 3 for unaffordable housing, only Hong Jing being worse. A 5-1 ration as in 5 x the cost to average earning, is bad, 3-1 reasonable. Australia and Canada in the 13-1 wrong and stupid gutless governments who appear more interested in retaining power than what’s best for the people of the countries. They forget they are only “public Servant’s” to SERVICE THE PUBLIC…
I bought my first house in Brisbane in 1981 , 3 bedroom brick , cost 60K my deposit 28 K , mortgage repayments were pocket change , That house now is worth 800,000 K , Wages have not gone up similarly, Also I’m now a pensioner, I spend most of my of my time in Thailand and Cambodia, Australia was the Lucky Country
It's really amazing how everything has changed a lot in Australia if you compare with the time back of 90's ,now is understandable why some people are leaving Australia.
South Africa has the exact same problem. It's extremely unfortunate. I am a 32-year-old and can't see how I will be able to own a decent home in an area where I actually want to live, in my home country of South Africa. Thailand to the Rescue. Thank God for countries like Thailand. 🇹🇭
@ccprophets Dont you think that sounds a lot like a certain European country in the 1930s forcing another group of people to leave that country and later put them into concentration camps then killing millions of them? Isn't home where you are born? Do you feel the same way about Barak Obama, Denzel Washington, Seal, Idris Elba, James Cleverly, Will Smith?
If he is a South African citizen and in possession of a South African Identity Document then South Africa is his home. Your comment is so outdated, from 1961. You somehow do not realise South Africa is a multi racial Country. You have not done your homework researching the History of South Africa and what being a South African citizen means. Maybe do some studying during your free time.
I absolutely and totally agree with you. Moved from NZ to Australia back in 2001 worked hard for 9 year s bought 3 properties had family sold 3 properties in the last 3 years travelled the world with my young family for 2 years and built a beautiful mortgage free house in the Pacific islands with no council taxes bodycorp fees no water chargers and solar power and planting my own food crops. stuff that misery in the cities ill never live back there maybe just to visit family . Good on you mate not everyone can think outside the box. Life s to short to be stuck in a rut..
I bet you still have an Australian passport though ;) Also, you will always be treated as a “rich farang wallet” in Thailand and they will never offer you any residency or treat you as a local. I love south east Asia but it’s impossible to live there as a foreigner. They only want your money and are very xenophobic.
@MEN101 yes, this is the bigger issue. Where can u stay permanently? Is it a case of getting continually rotating tourist visas. That's not a sustainable way to live.
@@danielbowater1585 I prefer Asia to Latin and South America but if you have a baby in Mexico, Argentina or any of the neighboring countries then you as parents automatically get a permanent residency and your baby gets a citizenship. You can even get permanent residency if you live there for 4-6 years, in some countries there it’s even faster. I have a PR in Mexico. There are many options, not just tourist transit living in South East Asia.
@@MEN101 do you think that is a good deal? Temporary stay for 25 grand. Seems like a waste of money when the same thing could be done on education or tourist visas within that time frame.
@@waenmanson3489 You've been brainwashed and what you say is totally ignorant and untrue. An expat here. My relatives there are always complaining about the medical system and how long it takes to get an appointment.
I grew up in Sydney, I'm 58 now, and it wasn't expensive until about 2000. The 80s and 90s were paradise in Sydney. I could afford to go out maybe 3-4 times a week, have dinner, buy a few drinks, go see a band or go to a club or whatever. I actually had a 2br terrace house near Central Station in the heart of the city. I had a mortgage of 150K! I sold the house in 1999 after a bad breakup and went travelling, figuring I'd buy again when I got back. I sold that house for $299K! Believe it or not, I put it up for auction and ZERO people turned up. That shows you what the housing market was like. People didn't buy houses for investments as the market just didn't go up enough. After the Olympics, the property market went bananas, and it's never gone back. That house is now worth $1.5 million. Now I live on the Central Coast about 100km north of Sydney and I could never afford to go back. Sydney's fucked now, no one can afford to live there. And yet our stupid government keeps importing more and more immigrants. It's crazy.
The byron market was like that around 2008. Nothing would sell. The property market needs a reset. If something happened globally causing major issues and rates went up 15% there's your solution. Reset.
I live in Essex in the UK. A few years ago my landlord sold the 2 bed flat I was living in so they could renovate and turn it into a 6 bed HMO, which meant I got kicked out and had to look for a new place to live. The demand was so high for flats with places getting 80-100 people applying that they would go in a matter of hours. It literally became a full time job for me to find a place to live, I basically couldn't work for over a month, I finally got a place which costs me about £350 a month more than I was previously paying, and the whole ordeal cost me about £3000 in lost work as I'm self-employed and had to keep passing up work to go view places as soon as they appeared online.
P.S and the place I rent now is worse than my last flat, single plain glass windows, noisier and I don't have a drive anymore, so I've got to fight for a parking space as it's a busy road. So yeah I now pay more and had to give up a large sum of money of my own earnings so I wouldn't end up homeless! 😡
The UK has a major problem with socialism, in particular that Town and Country Planning Act from the late 1940s which said that the government got to say in what you could do with your land, and that the 1930s free market system which actually built stuff was over. The later National Planning Policy Framework has made it even worse. I feel for you, but the problem ain't that landlord, the next landlord would have done the same, it's centralisation and socialism.
@@andrewcarey2582 That is absolute bollox. It is landlords taking advantage. Nothing to do with socialism. Much more to do with the capitalistic attitude of squeezing every £ out of everyone that came in with the liberal economic policies of Thatcherism. The problem is the exact opposite of what you are saying.
@@JK4ManC The 'free' part of free markets is important. It means that others can enter the market and compete away excess profits. The Planning Acts don't allow that market entry to anyone with a bit of land.
Every western country is cooked. The biggest never discussed issue is no political party is for the working class anymore. I know the other issue is as stated in the vid the hate the term but boomers hold the assets.
I am sorry to hear that things are getting tough Down Under. Back in the 90s I spent 18 months doing contract work in Oz and I instantly fell in love with the place and the people. I can't help but believe that the spirit of the wonderful people I met back then is still alive. I hope things improve for all of the good folks down there, I love you all to pieces. Advance Australia Fair.
What has been causing the expense with housing is the illegal money laundering that the cabal 'govt' use to cheat people out of living decent lives. The cabal's ultimate agenda (Agenda 21 and Agenda 2030) is to depopulate and get rid of 90% of humanity on the planet. This and HAARP energy weapons weather manipulation are used the world over to get rid of people. We have been in a massive war with the cabal (run by aliens) and it is coming to a head. They have known for thousands of years that 2030 is the end for them. Also there will be a solar flash and we will all be ascending anyway which means it doesn't matter about the material things you have on this old earth. If you go to 4D you get replicators like in Star Trek and you can create your own new home with one. If you go to 5D you will be powerful enough to replicate using your own imagination. All those super heroes were true. So don't worry - the old world is about to collapse, starting with the banks going down and then everything cabal including supermarkets and the new world will be so different. Even doctors won't be needed - medbeds will replace them and we can reverse age to 30.
We are doing just fine.. the people here don't want to work anymore. An entitled and spoilt spirit is everywhere. It's a beautiful country and place to live.. ❤Australia, but the people are becoming soft
@@SouthernCrossGO And are you saying you can't hand it in? Or, do you want to hang on to it so when the tish hots the fan the Australia will bail you out? You know the one you are bagging.
im single income got a slight disability so zero chance of ever having a partner...nothing major it just precludes me from the dating pool...simply having a different variable means i can not compete against double income households. that's for mortgages and renting...I'm always last. I've had to move five times due to rising rents and I'm now at the move back into my car stage...which I've had to do before in between rentals. if your single or cant live in sharehouses - you have no options anymore other than living in your car. i had a house, lost it to the banks thru no fault of my own, got assaulted and had court cases and that stuffed up my financials...and that was my only chance. it shouldn't be like this...the worse thing is the gov is working for corporations and not people. hard work doesn't equate to getting a house anymore which means there's no motivation to participate. and the free market, you cant let free market run food clothing and shelter...those need socliasm safety nets for exactly the reason we are seeing now. the only solution is to do what singapore did, tonne of gov housing, put people back in like used to happen in the 50s. the free market deletes people on the lowest rung of the ladder as being irrelevant, and, all the capitalists i know when they hit 60 and start accessing health care they suddenly for the first time in their life realise why socialist policies are there...coz they have to be. people first not profit.
My brother do NOT feel bad about precluded from the dating pool. Most men these days are turning their back on whamen and dating, you wouldn't even believe the horror show with these entitled whamen now. MGTOW
Thailand?? HELLO Im Thai living in Adelaide Australia. I work in chicken factory full time in Adelaide and still have money to travel around the world for holidays. Australia is heaven for us compare to Thailand. If I work in factory in Thailand I will get $12/per day I wouldn't be able to afford 3 meals for my family. You see the difference that is. The cost of living in Thailand is so high compare to the wages local people earn. The rich are so rich and the poor are so poor in Thailand. I'm Thai so I'm telling you the truth.
@@danielbowater1585 No, I need to get visas when I travel, right now Thailand gives you 2 months on entry, Vietanm you need to apply for a 3month visa which is easy.
Is the same in NZ. Kiwi kids cannot compete with Chinese speculators borrowing money at 3 percent, able to get a ten percent return on any house or apartment they buy.
I have a feeling Mandy will enjoy gardening ‘outside’ too so you should look at buying somewhere in Hua Hin, with land AND a pool. The main thing is to commit yourselves to somewhere, so you can feel settled. Put down roots. You could grow so much in a climate like Thailand. It would be fascinating.
Where I live in the far northern part of Sydney just past Hornsby we are now seeing trends of absolute rubbish homes that require a Bulldozer on larger blocks selling for over $2M dollars. Many times these blocks are in RED bushfire zones so a rebuild is going to be easily $900K plus. Australia is now a joke, and the way I see it after the Olympics in 2000, that was the beginning of the runaway housing prices. Post Covid was the beginning of runaway inflation affecting everything. At the moment to rent a old house where I live the low is $800 p/w. I've never been able to make a living online, just had to slog it out making other people wealthy. I have friends who just purchased a average house in Byron, they paid $2.3M, the prices you show are cheap.
The best thing that ever happened to me was when my family moved from Thailand to Australia in 2009, and the next best thing is when I move to live in Bali and work from there in a week's time. Love every bit of your video!
Ken Henry, Alan Kohler, Ross Garnaut, Rod Sims, and Cameron Murray have all articulated some good ideas about how to make Australia fairer and more affordable for all, but powerful interests have so far prevented them from being implemented.
As a Gen X with a house that has increased 65% in value since we bought it in 2019, im happy with this crisis. Watching my mid 20s step daughter struggle to save a $70k deposit because that's what you need to purchase the cheapest house in our area is maddening. Both sides of government give you lip service that thwy want to fix it but yet nothing gets done.
We've got to be one of the most taxed in the world too . I hate all politicians and will never vote in any election again . They've destroyed paradise for the people .
That so-called increase in 'value' is on paper only. So has every other house, so you're still stuck there. If you sell you're in the current market where what you got won't even get you what you had. Your only option is to get the same thing or go to a different market.
Australia has become like Sydney once upon a time ago. Once you leave you won’t be able to get back in. Hope your prepared for that long term especially with a kid/family. Also. 😂why can’t we buy in Byron. Lol Byron has been overrated and expensive since the early 90’s. Would put money you weren’t born there like everyone else and part of the problem your complaining about. That’s why we had to leave family in Noosa and move away …..
I love how you brought Bear with you from Australia when you moved to Thailand instead of abandoning him❤ and I'm looking forward to meeting your baby girl😇 Just subscribed!
It’s very similar in America with the lack of homes being built and extremely high out-of -reach prices, along with extremely high rent rates as well. There is something really weird going on in America with big corporations. They are buying up huge geographical areas of homes and renting them out to families, at a pretty high rate. They say there will be a housing bubble crash in America but it hasn’t happened yet.
May be Blackrock doing all that house purchase and rental, same in NewZealand theirs somebody offering to buy any housing with option of renting back but they are not saying who they are may be Blackrock as they are in NZ invited by the Labour progressive regressive govt
"In 2030 you will own nothing and be happy". - WEF That's why, the elites will own everything and they are even pushing for a future of not even being allowed to buy appliances, that you must rent them from the state. This is where the world is heading. They are pretty open about the plans they have for us all now. When the WEF calls most humans "useless eaters", that should tell you what their plan is...
Jesus Christ. You can get a HUGE house on a big block where I live in WA for well under $500k. Sure it’s a country town , but that’s where the real Australia still exists.
As well as country W.A., $500k buys ocean views to die for in TAS (outside of Hobart). What’s more, quality of life in regional Australia is so much better than in any crowded city, here or anywhere else. The grass is greener overseas, and I recommend all young Aussies able to do so, go get experience. But don’t burn bridges, because one day you almost certainly will want to come home. You may have kids who are unlikely to get work overseas when they grow up. Or your health may dictate that you must come home.
Totally agree with you. I plan to leave Australia and move back to Thailand as well. But could I ask you that If I work online or work in Thailand, do I still need to pay taxes for ATO? Cheers
You will need to pass the domicile test. If you're a non-resident then you only pay taxes on your Australian sourced income. It's best to get advice from your accountant on this and not some random bloke online.
Australia has become a one big factory for people to only work until they drop.Thank Goodness i woke up 10 years ago,retired at 50 now I’m now 60 living the dream travelling Asia.
@@ushersanos nice. My mum is from the Philippines, I'm looking to try and go for dual citizenship as I don't like what Australia is becoming. What happened to Australians during covid told me what I needed to know. Soon all the capital cities will be filled with new arrivals.
I agree, don't get me wrong, prices are crazy and it's very difficult for young people. BUT the way to get into the property market is to start small, not with a $1.5 mil property! Start further out with a less expensive property as first home buyers and work your way up, that's how it works. If you don't want to live in it, then buy something further out, rent it and then rent where you want to live. It won't cramp your lifestyle too much, but over time, it will be a valuable asset that will pay off. THEN you can look at the million dollar properties!
If you buy a property that is for investment you lose any grants or first home buyers assistance, plus you pay more tax and a higher interest rate. It’s not worth it.
It doesn't really work like that anymore. Even the cheapest properties are out of reach to most first home buyers, so now only people who already own property will be able to leverage that to get another property. It reminds me of a news article I read today, where a single mum bragged about how she made it, and how anybody can make it into the property market. Do you know what her method was? A huge amount of money she inherited. This country is sick.
@@shneershiishonest I lived in Australia in the 70s 80s and 90s and after that have been living and working in Asia. I remember my mortgage of just 50000 back in 1992. I bought an apartment near the city. I was on a low salary but I could afford to buy something. You're right. For most young people now it's out of reach.
There *is* no "small" in Australia. It simply doesn't exist. I'm in Thailand now, and I'm never, ever returning. It's not just the housing and food affordability "crisis" - it's the nanny state prison colony that it has become - again. There's legislation on *everything* If you think I am hyperventilating writing this - I am. Australia is a beautiful pile of shit.
I also left Australia 3 years ago, during the you know what. Because of how strict it was there, I left via the temporary travel bubble opened with New Zealand at that time. I loved living there before that, but probably will never move back because of the cost of living like you said. The property prices are truly insane.
I left Australia 17 years ago to live in Shanghai. Yes, Shanghai can be expensive, however there are so many options to live extremely cheaply, certainly is cheaper than Aus. No regrets at all. Besides that, the convenience and safety in Shanghai is a big plus for me. No need for a car here either, life is good.
I am on DSP after a motor vehicle accident (no pay out) with no hope of owning a Home in Australia, so 11 years ago, I packed up and moved to SE Asia. I am building a 100M2 House with a 3M wide Terrace on all 4 sides on a 2000M2 Lot, all while living on s Single DSP. Over the past 4 years I am about a third the way into completion after Covid and several Medical issues put me behind, to date I have spent under 40K AUD. I plan on spending around 100K AUD to get it to a lockup stage to move in, and then complete whilst living in it, this would be IMPOSSIBLE in Australia for someone in my position to achieve. I have been back in Australia now for 2 months visiting Family, and what I see is so disheartening with the cost of living, this is not the Country I grew up in or left behind, and I cannot wait to get back to SE Asia and my Family there! Australia has become an overly expensive joke. Seems the Australian Government really can squeeze blood from a stone. 😞
@@paultomkins4145 You cannot get a Partnered Payment unless she is an Australian Citizen and qualifies. To do it, I have to do it on the DSP, and for a while they were paying me the Married Rate for me, nothing for her. Not a sop story, just reality if you choose to relocate abroad and have your Pension made Portable.
@@paultomkins4145 I have been back in Australia for around 10 weeks now, Centrelink refuses to acknowledge me as a Resident of Australia so I am not entitled to any Concessions etc. 😳 I WAS looking at finding a place here and bringing my Wife and Daughter over, not anymore. They have stuffed me around so much, it is as if they do not want me here, so fine! I am better off in SE Asia apart from Medical treatment that comes out of my own Pocket in Full. I am paying full price here to see the GP and buy my medications etc, so not much different to living abroad paying full cost. I am finding the stress of dealing with the changes here, along with the increased cost of living here to be too much for me to handle, so back to the Bamboo for me! I'd rather a simple off the grid life minus any Concessions thanks.
❤❤😮 Oh wow, thanks for that information, very interesting.in regards to your questions about who's benefiting,I been thinking about all these things for ages and I think the polititions and other members in the whole legal system are benefiting, but it doesn't stop there, this is a big problem and people who are underedicated are suffering, then if you get educated they want to shut you up? Like me, I'm living in my car and I'm sick of it. It's disgusting.
Guys, first video I've seen. I own my home, I'm 60yrs old and agree with the majority of what you have said. To save Australia we need to do some difficult things that in my opinion are extremely impossible to achieve, but we have to do it. Australia needs to use its resources including coal, uranium, natural gas, minerals etc to first make steel to make cars, washing machines, furniture, boats,etc and the list goes on. Second we need to cut red, green and black tape, over 50% at least including homes approvals building costs tax's that can add up to half the price to construct. Reduce government size eliminate states for eg. Bureaucrats, and I can go on. If we don't change our direction as a country, we will go broke! And we are well and truly on this path, hopefully will wake up in time.
The WEF arebpushing mass third world immigration on Europe and the Anglophone countries. They have sold out the future for quality affordable housing.😮😮😮
It's not going to happen, wages are way too high for that and no one wants to collectively work more for the same pay to get the country back on track.
They dont own any in oz , the poltical & union leaders own most overpaid parasites in the world and our taxea high 125 taxes crippling middle class & upper class
So so Sad! We emigrated here from uk 43 years ago, i first came here as a pomme seafarer in 1973, Australia had one of the highest standards of living in the developed world! When we came here to live full time in 81, we couldn't get over how cheap things like Housing and Food etc compared to the UK!! To us it was amazing and there was a general feeling of everything having a wonderful future, it held promise, when we moved to Cairns in 83 we had truly found paradise and were easily able to buy a lovely house(thank God we did back then) We love Australia and no way would we return to UK! But its heartbreaking to see whats happened to our wonderful country 💔😭 we cant complaine as we were among the luck generation who bought our house way back then but our kids and grand kids just do not have the opportunities we had in the "Lucky country" (as was) luckily we are able to help them but most dont have that😭 I am not a lawyer or rich invester, im a retired fitter turner and ex marine engineer but back in the day you didnt have to be well shod here to get a great standard of living, Very Sad but i wouldn't live anywhere else, that said if wewere in your shoes nowadays we'd do the same! Good luck in your new life in Thailand its a wonderful place too!
Could you have found 2 more expensive places to live than Byron Bay or Sydney ? Maybe if they stopped filling the country up with immigrants the housing shortage wouldnt be as bad and the prices wouldnt be as high. People are basically short sighted and greedy those that own property obviously support the rise in property prices, governments love the extra taxes that they recieve from inflated prices , people like politicians, property investors and the real estate industry are making a killing. Short term rentals like AirBNB are turning long term rentals into short term rentals because they can fleece tourists with Byron Bay being a classic example. Big buisness is constantly pushing the government to bring in even more immigrants as it keeps their wages cost lower, we have an out of control education industry that is flooding the place with international students because they make a fortune out of them, You are 100% correct as a 60year old Aussie I am greatly concerned about corrupt politicians continually selling out this country on behalf of big buisness. The are killing the future for generations of Australians to come and the irony is that we cop a fine if we dont vote for them to do it. Good luck with your new life in Thailand its not something I would do but I cant say that I blame you for making that call..
The migration is just making a problem worse but that's not the cause. It's the goverment and their policies around construction that drives up costs and mashing it hard to keep a business afloat with costs. If the goverment wanted to they could fix the issue within months by doing what the brits did back in the day before they fkd it. Goverment opens a construction sector, build goverment housing that people can rent off the goverment with the ability to buy it out at the end. Plus we sell all our resources of as raw materials then buy refined product back because they dont want to invest in local manufacture so all the materials cost way more too. The entire blame lies with the government and the years of leaders who act like the whole nation is their own little business venture
@@MikeD-hn9hf get you head out of the sand 1.2 million increase in Australias population since this government came into power what do you think is going to happen during a housing crisis ? its not even possible to buld houses at that rate.
@@MikeD-hn9hf he blamed the rate of mass immigration, not individual migrants. Corrupt policy makers and the power blocs they serve are responsible for weaponized mass migration , not the migrants themselves. And you being tired of a reality doesn't make it untrue.
Never regret migrating to Australia and never leave. Im not a clever person, but through hard work and with many mistakes, i live in my own home with my family, still working and enjoying it. Many from thailand wish to come to Australi.
So you came here many years ago when the cost of living and house prices were reasonable and you’re looking down your nose at someone that has made a decision that best suits his family based on current circumstances.
That's because they see the image of the kangaroos and beaches and sunshine and smiling people in the brochures. They've never seen a single episode of Kath and Kim, or Houso's
You didn't mention the number one factor in driving house prices and rents to the moon - immigration. Australia has the most extreme mass immigration program in the world. When demand greatly outpaces supply, prices go up. Economics 101. This country absolutely sucks and as a born and bred Australian, all I can say is - I hate it here.
@@Swy2023 or you could get off your arse and do something. I get the massive amounts of fluoride in Australia's water supply has you all indifferent, but ffs.
I think I was one of the lucky ones mate. I purchased a small 3 bedroom house in the far eastern suburbs of Melbourne 11 years ago and it’s now tripled in value. I feel sorry for the friends I have who are in their 40s &50’s who are still renting. Looking at moving to Thailand to live to see I can make early retirement a thing!
I regret selling my house in 2015 in Melbourne. Because od divorce. It is a gamble house game . I am only here because of my children. i want to move back to Thailand soon .. my home country . Australia dream is no longer exist.
@@guderian7795 But then buy where? The only way he will get ahead is now to buy somewhere either undesirable or remote. We're in a similar situation where our house value doubled in less than 10 years but meanwhile even if we cashed out, we would have to move even further remote where we can't get any work to even make it worth wild.
I wonder how you were able to book and fly on a oneway ticket to Asiam because most of the airlines wont allow you to fly without a return ticket . I know several people that were caught out by only buying a oneway and were refused to board when they got to the airport.
I agree with a lot of what you say Lloyd , particularly housing costs. I'm in a different situation to you though, being a senior who is now spending more time back in australia to be with my grandchildre . I have lived on and off in SEA for the last 20 years or so. And i can tell you australia is still the lucky country despite all those things you mentioned. I get free transport, medical, subsidised prescriptions. My grandchildren have access to free first class schooling. Free after school activities etc, etc. A system of law and order that does not just favour the wealthy and well connected. And the supermarkets here, whilst more expensive are not much more than supermarkets in thailand, indonesia and malaysia. And the quality is better imo. Don't get me wrong i love SEA and will continue to visit, but australia is every bit as beautiful as anywhere there. It just lacks the vibe and energy.
I'm glad to hear you stand up for our wonderful Australia even if you have lived and like the Asian life. Perhaps the Aussies that love Thailand will get a shock when the Chinese push hard to take it back I believe a great deal is done there with Chinese money, I'm an 82 year old own home good family I've travelled a lot and can only say matter what Australia is magnificent and definitely home god bless those who love this country and do not leave but build back what labour has wrecked over the last few years.
I sold a house in Melbourne 25 years ago for 255.000. Its now worth 1.5 million.I moved to the country and bought 5 acres with house and sheds for 170.000. Now 25 years later its worth 400.000 dollors.I would never move back to the city
@@tanthaman - as if your prestigious standing in the comments section is what gives people the right to comment? lol. okay, we will wait for you to lead with "comments and opinions are now accepted" on any video we come across.
Great video Lloyd. This is something that you are obviously passionate about and rightly so. Great to hear such conviction from you. Hua Hin is obviously great for you guys.
I live on the Sunny Coast, there are hundreds of homes that have been sold to Indians who haven't even arrived in Australia yet. I've lived on the Sunny Coast for nearly 20 years, since the pandemic, house prices have doubled. I have three daughters all in there 20's. My oldest daughter managed to get on the property market by pure fluke but I don't know how the younger 2 will among unless they move to a run down out-back town. I have a very well paid job, work away from home 200+ days a year and pay stupid amount of tax. I don't mind paying tax but I do get angry at the way pollies get all the perks and seem to get away with all the freebies. We have to many public servants, local council, state MP's and there staff then federal MP's along with there staff all pulling in massive pensions we have to pay for.
Yep, the Indians and Chinese will replace us....because our leaders refused to protect us from this madness. And we paid them handsomely with our tax dollars for this.
@@jiti5034 I'm not blaming Indians, I';m pointing out a fact that people have purchased houses who haven't arrived in Australia or had a VISA issued yet. FACT not blame
@@edm9527 But that applies to Australians who start migrating to Asian countries as retirees local prices go up.. at least Indian migrants bring skill and workforce
It is not the only country that is expensive. Where I live in Canada it is nearly impossible to buy, let alone rent. We have trouble buying groceries etc. And gas, very expensive.
24 hours after viewing this video. I needed time to digest the content. I was shocked and annoyed on so many levels. I could write a thousand words, but I won't. In time I believe you will regret this video. As I have followed you consistently I will hold my counsel. It's your life. Xx
Hi Lloy and Mandy. I have come acrossed you page. Yes, it is true everything is expensive. We live in Melbourne. I am a registered psychiatric nurse. I am thai - ee sarn. Have you heard about Ee sarn? I work hard in Australia but it is hard to cover with living. I admire you guys to make the change which I am afraid of making the change. However, I have been thinking what should I do? Move back to Thailand? Laos? Congratulations to your new life in Thailand.
I live in Canada as well and I think most people experience the same thing - especially in the bigger cities. I feel bad for the younger people growing up today - they can't even afford the rent yet alone save up for a down payment on a home. I too have been looking at other countries to retire - ie. Thailand, Colombia, Portugal. The one thing I grapple with is that foreigners who are moving to these more affordable, popular countries are slowing preventing the locals from being able to afford to buy/rent in their own towns/cities.
Portugal is a very compliant country, government says jump and the people say yes sir right away sir! Highest covid vaccination rate in the world and also the highest amount of "excess deaths". Hmm I wonder why that could possibly be...
I went to the Olympics in Sydney in 2000, the signs the prices were rising in Australia were around then. I was told the worst thing that can happen to a country is to hold the Olympics. No one really took much notice at the time because everyone was caught up in the euphoria of it. Boy, were they right. Prices almost immediately started to rise and not just on property, on everything. It made up my mind, I wasn't staying in Australia, I quickly moved on, and I'm glad I did.
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So you think the government printing ungodly amounts of money and stifling the free market is…. the private sectors fault.. and the solution is to increase the amount of spending the government does? The government, ie; the people who take our money and are still in ever increasing mind numbing amounts of debt..
Ill tell you one thing for sure, the government has ran a successful propaganda campaign to blame the private sector for what they themselves did.
Think about it, what happened in 2008? The government BAILED OUT the banks by printing a s*** ton of money, it was called quantitative easing (QE). The idea was to bail out the economy and then the economy could slowly pay that back and get on its feet again. But what actually happened since then? Theyre up to QE 4 or 5 because it didnt work and they can’t increase interest rates nearly as much as they should in order to quell spending and borrowing. So where did all that cheap interest rate bail out money end up? Bidding up the prices of everything.
Thats why we are supposed to let the free market determine interest rates, we’re supposed to let banks fail if they dont run their business properly, we’re not supposed to print money.
We have ever increasing social ism and a population who blames the free market for government mistakes
@@CarlosAlberto-ii1li you’re absolutely wrong. It’s a tourism and lifestyle channel. Sharing content and lifestyle decisions, including risks. I understand you’re cynical for a reason, but it’s definitely not the fault of these TH-cam actors.
As someone who lives in Australia, I completely agree that the trajectory Australia is heading in is completely unsustainable.
Australia is out pricing its self.. and certainly not worth it. the Aussie dollar is mere peso's when going overseas, its like being trapped on prison island...
@@LloydandMandy look into Quantitative Easing (qe). Its not the private sector causing inflation and high prices, its the government printing ungodly amounts of money.
We need LESS government intervention in the free market, not more.
I'm from Australia but have been living in Asia for 20 years. I cannot believe what has happened to property in Australia. So lets look at a country which has addressed the same problem, Singapore. They had escalating property prices but acted on it. They, like Australia, have onerous property taxes levied at the time of purchase. They dramatically increased stamp duty on purchases of second, and third homes. By dramatic increased I mean in the order of 200-300%. If you were a foreign national buying Singapore property, same thing. Also they restricted "flipping", if you were in these categories then you could not sell for 5 (I think) years. That stopped the price increases in its tracks.
Why they couldn't do something like that in Australia for my kids is beyond me. It's an intergenerational steal from millennials to baby boomers. From millennials to overseas investors.
If the Australian government tells you that there are complex reasons that they couldn't do something similar then my response is, well then the solution is above your paygrade so we need to get someone else. This is a solvable problem, but it needs political will. The government members and the highest paid sector in Australia, the public service, have a vested interest in this problem not being solved.
You pay so much tax in Australia, and the government has just messed everything up. Dont let them tell you its not a high tax country, it definitely is. I lived and earned money in Malaysia and SIngapore, i know from first hand experience.
Politically, I'm a pretty middle of the road baby boomer, but the various Australian governments are expensive and utterly incompetent. You disagree? Well how did this situation arise? How is it that no one in the elected leadership saw this coming and did something about it before it became chronic? No political party articulated a problem that was just over the horizon (by this i mean, in time) and proposed solutions. Its pretty disgusting when you think about it.
Well written 👍🏻
@@Surfdays.australia Thank you kindly.
You are spot on! Our government are Muppets for allowing this catastrophe to unfold.
SINGAPOREAN DONT OWN HOMES they live in public hosuing it overseas buyers that own homes 10% homes and poltical class
It's because the Libs base are old home owners. Making them feel wealthy kept these incompetants in power. Labors proposed neg gearing changes lost them an election! I bet you didn't vote Labor.
I left this year, never going back. Why work until you die when places like Thailand exist.
Thailand the absolute filth of humanity 😅
According to some you just gotta stop whining and work harder.... LOL.
@@JasonISF I have worked hard, paid off my mortgage in 10 years, have investments and savings and can afford to retire before 50 in a better place than Oz. Life is about choices.
I’m with you, selling up and leaving. Prob never coming back.
@@hobo1704 Good on you. Sounds like you don't have a family/kids?
It's not just the cost of houses or the cost of living, it's the lack of freedom too. There's rules for everything... and don't even get me started on the revenue raising cameras we have absolutely everywhere. There's so much corruption and corporate greed now it's ridiculous.
Totally agree with you here
💯 seems every day they come up with more restrictions.
100 % it almost feels like you're in jail in Australia it's ridiculous that's why I also live in Thailand pretty much do what you want to here.
Thailand, hey... it's like you going there with your corrupt money to exploit their corrupt system
Spot on mate. When I came here 23 years ago, the one thing that hit me in the face was the RULES. Now I am not opposed to reasonable rules but in all honesty, the rules here were rules for those rules, and then there were rules on top of those rules and then more rules for the ones underneath those rules. It's just insane. It does not allow freedom of thought, AT ALL!
One year I was chatting with a woman who worked in psychology for Centrelink, and she told me that in the previous 12 months they'd had 96,000 amendments to their rules. I was shocked and asked how one would remember them all.....her reply was...'We don't, we just muddle through and then look them up when we need them.'
So yes, WAAAAAAY too many rules here.
My wife and I are virtually mortgage free and STILL the cost of living in Australia is ABSOLUTELY SHOCKING.
Going out is soooo expensive
@aaron4387 It's the same in the UK. I struggled to get by on two pensions, so I moved to Thailand, where I live like a king and only spend 75% of my pensionable income.
@@trevor5526 that’s awesome mate
I’m really happy for you.
We’re 100% committed to doing the same when our little dog is no longer with us.
Rent the house out and get the flock out of this place.
Congratulations. 🎉
Hungry jacks meals are approaching the 20 dollar mark.
Every bite is a dollar pretty much.
@@BOMHOLIO how much did they shrink at the same time as the cost went up too?
A steak at the pub is like a kids meal....i just cant do it to myself.
Yeah, I'm a 30YO, worked since 14YO doing whatever work I could, educated, skilled, never broke the law, always paid my way and I'm bloody leaving. I'm so sick of feeling unwelcome in my own country and not being able to afford basics while working 2 jobs 55+ hours a week I'm done. The government's, both Labor and LNP have failed their people.. to the point of treason. I'm so angry with our government and just corrupt they are. I know there's a war coming and I'm getting the heck out.. I used to say I'd defend my country to the last, now there's nothing left to fight for. I've been made abundantly aware I'm not welcome by the actions of politicians. So I'm going, cya later Mates.. I hope those refugees and immigrants have the Aussie spirit you'll need to defend this land running through their veins. Because the convicts are bloody done.
You can blame 10 years of Lib rule and their SCARE CAMPAIGNS against Labors modest neg gearing changes.
Where are you going mate?
we feel damn near the same over here in canada
@@EmilyTAYLOR-mo9xc I think Canada has about the worst Prime Minister in the western world. Every Canandian I have met hates him, and with good reason, in my opinion.
💯. I'm getting out. Single, 46, and I'm sinfully white and male, so basically I'm hybrid of Hitler and the Devil.
Living very frugally. Own my house. Very cheap in a country town. Paying off 2 other properties. Will stack some stocks, save enough to buy an apt in Thailand, then I'm out of here.
property was never meant to be a financial investment. it's supposed to be a place for you to live in.
I almost NEVER agree with anything he has ever said, but Xi Jin Ping said exactly the same thing when people in China thought that owning and buying properties was the pathway to riches. They have had a very rude awakening.
So thrue it is a ponzy scheme for the rich
you have no idea about investments.
@@bwana-ma-coo-bah425 actually he does, everyone I know says their house is an investment. No, it’s actually an asset. If it were an investment you would be deriving income off of it. Improved structures typically depreciate (for simpletons, fail, break, fall apart) at a rate exceedingly close to the rate they rise in value. Just because the Fed puts rates at 0 and real estate rising in value temporarily doesn’t turn it into an investment versus asset
This is easily fixable and the government knows it, they just don’t want to fix it. They need to stop VC firms, investment banks etc from being able to buy residential property.
Australia is done. I heard Canada is too. No pride or passion about their countries. Flooded with migration, those with deep pockets who smash the property markets and people like myself (aus citizen) have to pay for it (ie inflated housing). Not to mention the circus of covid and how the aus government handled that matter. If you say anything or stick up for your fellow Australians you're immediately shut down and labelled as a racist. Open discussion and analysis like this video is important. Thankyou for this content 🙏
But according to some, you just gotta stop whining and "work harder"... Lol
Yes covid really showed Australians the true colours of the Government.
@@JasonISF- The authoritarianism was obvious years before that, but people were not paying attention.
I definitely agree, but where can we go? Outside SEA isn't everywhere like this now?
You are right. A storm is coming, it’s going to be very serious
You're right but complaining about immigration to people who have emigrated doesn't make any sense.
Australia has consistently scientifically ranked having the highest living standards in the world, plus the pandemic has pushed up inflation & 1%ers are exploiting that. Statistically pandemics last 5 years so I expect things to go back to normal soon.
The "America 1st" global war caused carnage about the planet & Darwin Award winner repeat offender Trump is the world's biggest threat.
Global warming means things are different than the 80s.
People living in an echo chamber are just making things worse & they know it.
The global goal should be sustainability not polarised extremism.
It's the same in every western country not just Australia. The main reason is a mortgage is fraud / money made from thin air, so the Banks create money out of nothing so are really happy for this system to carry on.
If you want to see where it began look now further than the creation of the US Federal Reserve (owned by banks NOT the government) The Creature from Jekyll Island.
Good to see both of you are wide awake Unlike most Australians in Australia who are blind and totally loyal to authorities that don't care about them.
Spot on. It's a rigged game.
Yes it's not property speculation that caused it, it's wild money printing and the religion of statism make the government your daddy instead of Jesus.
@@ralphzoombeenie2330 And who owns/runs the Fed Res? Time to start naming the chew.
But then you move to Thailand and out price their locals with your australian dollars. You just inflicting on someone else’s country the issues you are trying to escape
YES. THIS! People who complain about people moving to their country and the prices go up, then go ahead and do it to others. Leads to enjoying the benefits of others misfortune.
Very good point
such is life
Every Australian expects to make more money each year, but don't want to pay Australian prices for goods and services, you can't have it both ways.
True, look at Bali. The prices are way beyond what an Indonesian can afford due to foreigners buying property there. That market it so over inflated it is crazy.
I am an old Aussie , a common misconception about Australia , and that is for decades it has been difficult to save a buck , and while yes we where still in many ways the lucky country, as the decades have rolled on our politicians have sucked the life right out of our country , back in the 70’s you still hard to work hard to earn a living , have a family , buy a house , but with a lot of sweat it was doable .
Back in the 70’ one of my jobs was a machine operator, I would occasionally get the task of training new blokes some of which where world travellers , even back then , they liked Australia but it was bloody hard to save a buck , and there’s no doubt for most of us little people that problem has only gotten far worse , and owning a house for many will sadly never be a viable option .
Talking to one of my neighbours some weeks ago , he was saying he is paying $660.00 dollars a week for rent of a 60 year old 3 bedroom house on a small block in the northern burbs of Melbourne .
This sort of stuff you cannot blame on circumstances overseas , this stuff has been going on for decades , it comes back to successive government mismanagement by the big parties .
A really funny statement from Albanese the other day , he said he was going to do something to get manufacturing in this country going again 😂😂😂😂 , I nearly fell off the chair laughing , if you where around back in the 60’s 70’s and 80’s , you’d have a clue that Labor was instrumental in the first blow at destroying our manufacturing , of course libs when they had a turn continued on with bad policy , it’s like we have had Abott and Costello running the country over all these decades , except Abott and Costello where less inept 😊.
Currently Labor is screwing us at every opportunity, we have people living cars in tents , sleeping rough , sofa surfing on relo’s couches because Australians cannot get a roof over their head .
An utter disgrace , and Albanese keeps bring people in from overseas claiming it’s going to fix the housing crisis 😂😂😂😂😂😂 , you just cannot make this stuff up.
I have one foot in the grave I’m old , and I think that’s probably a good thing , because i don’t want to see where these F wits are going to take our country .
when you put wolves in sheep corral what else could go wrong hey ?????
in 70ies average wage was 100 bucks a week, and a house was 30k each roughly (nice one).. 5 years wage would buy a house, now average wage 900 pw an average house is 700k, (shit or average one) now 15 years of wage buys a house.. plus back then people knew how to make do, now the amount of bills, utilities, petrol, other expenses .. impossible to achieve, i wasn't born here but yes i agree they let the foreign money come here and buy everything.. F wits already took the country.. they sit in the parliament. all the best
@@backyardthinker5996 aussies got big heads , big land but don't know what to do with it , is the same a useless wife , she only knows tear down your house , the same aussies
Its not just labor its the Libs too, these problems did not materialise overnight. The Libs were in for 8 years before labor, funny Libs never blame their own gov just the new in coming one. Me I can't stand either they are both corrupt and couldn't care less about the people. They just allow greedy corps to keep doing what they do, making money for shareholders and you can bet your balls all politicians have shares in the ones that are making the most $$$. Even if 100k new homes appeared overnight people who really need them won't be able to buy them, investors will have already struck a deal to pay $1 more no matter what. New apartments went up near me recently, 1 bedroom apartments are $725 a week, 2 bedrooms are $1250 a week. Needless to say they are sitting there empty, investors don't care, it costs less to keep them empty, they increase in value and they can sell again at the top of the market, rinse repeat. Most homes now in Sydney are sold as soon as the listing comes in. Estate agents have investors lined up to pay whatever the owners want.
Fun fact, "The Lucky Country" wasn't trying to portray Australia as THE lucky country, he was expressing his belief that with the amount of challenges we faced, including corrupt and inept governments, that Australia was lucky to be a country at all. One of the most misquoted titles of all time.
I came here 20 years ago, never thought that I need citizenship, until 2014. This was the perfect place to live work, earn and have a career.
Now I have a passport for a place with zero future, and a house. The nation turned faster to shit then Europe in 50 years. I'm leaving too.
Thanks mate, I figured this out a few years ago, bought a property and made a decent profit in 3 years. I am leaving Australia in 2026 for Spain, where I have been there 9 times and spent 1 month's holiday 3 times before. I am a native Spanish speaker, and I will get a well-paying job in academia there. Life in Spain is vibrant and bloody cheap outside the big cities. Can you believe me if I say you can buy a 3-bedroom apartment in Andalusia, 20 minutes from Alicante and 30 minutes from Benidorm, for 25,000 euros? For that money in Australia, you can buy a wall lol ... I love Australia, but I want a better future in 15 years when I retire, and my super will be a bit of a fortune when I transfer to Spain when I get 60. Migration, as you probably know, is only for some. I did it here in Australia 23 years ago and will make it again in Spain. So excited to start a new life there ;-)
Awesome 🎉 Go live a great life. I’m planning my exit from Australia as well.
Well the cabal were money laundering all their loot via mainly Sydney's real estate market. They lost the war in 2018 and we have had a play going on trying to wake you normies up ever since. Trump has been commander in chief of the world's defence forces since 2020 and he was always the president in the background. The real Biden was executed, so was his son and the inauguration was actually his funeral. They used actors in masks and robotoids and clones to give the illusion Biden was there. The white house was closed the whole time as it is a satanic building and along with Australia's Sydney Opera House and Parliament House in Canberra, and the Vatican, and Buckingham Palace and many other landmarks - they will all be destroyed with the Rods of God (energy weapons) soon and made into bird parks. You would be amazed what is underneath those buildings. They were used by the cabal leaders for satanic rituals. Mainly children and babies that were put through torture by the draco reptilians for 3 days to get adrenochrome (tortured babies blood) out of them for the elite who paid a fortune for the elixir of youth (as they called it). All body parts were minced and eaten. A lot ended up in McDonalds meat. Thank christ I was not into that. It's not there now of course. As for 2026, you won't be on the 3D earth as it is about to disintegrate and we ascend to the 4D and 5D earth - everything is about to change. Wait for disclosures. Now Trump is back in the White House (not that he ever left the Presidency), everything will be revealed. Get ready for a 3 week lockdown and make sure you have a power alternative as the electricity will be off too while they change the internet to Starlink - off the demonic cabal's 3D internet. A few days I think. While that is off, the water is off too because the pumps won't work in the pipelines. I have stocked up.
Over 1 million immigrants coming to Australia in the last 2 years does not help the supply of Housing.
Genius... vote 1 for you as the new immigration minister!!!
Indians
@@tanthaman They bring skills not refugees
@@jiti5034 no they don’t, they bring India to Australia.
@@pumpkinpiex That is your bias ,,, hundreds of Engineers and Doctors have made careers in AUS in last 50 years
Yes it's all TRUE!! but they forgot to mention that in addition to the ridiculous inflation the quality of everything has declined. You litrally pay top dollar for rotten food, sub quality clothing and houses that need a additional $100 thousand dollars fix important structural issues like dodgy roofs and mould damage
Yeah it's called greed to keep up with this fiasco
Global issue.
Australian food is appalling for ridiculous money.
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if you’re a young couple trying to buy a house in Byron bay you’re kidding yourself. 95% of Aussies couldn’t afford to buy there. Look outside of your bubble and you’ll be surprised of what 500k-600k gets you is some towns. you may have to sacrifice a glamorous lifestyle in an overrated beach town but sometimes you gotta crawl before you walk. I know i did.
Yeah, thats insane. Why would anybody think their first home could be in the hotest tourist destination in Australia? His own words! I went to a crappy town worked hard, bought a low level house. Then a few yers later I sold, did it again in a slightly better spot. Who gets to buy in the best place as a young person? Nobody I ever knew.
I agree they are not doing themselves any favours by wanting to stay in Byron Bay or somewhere like Byron Bay. He may sound like he knows what goes talking about & made some good points but he really needs to do his research because many places in Australia do not have housing prices that high almost a third of that price
While I agree Byron is overdoing it, towns where you get 500-600k places don't have work for a lot of us. The don't have good education for kids. They aren't good places for our kids to start careers. The property is never going to appreciate to allow a jump to the cities.
Buying a place in the middle of nowhere is not a workable solution for many of us.
@@zed5129 you didn't think that through did you. There are many towns that are much like a suburb of Sydney did you not know that. There are all the resources & job opportunities you need. Not all towns are like broken Hill you know
@@zed5129 Zed there are cities in central NSW that have everything you said places don’t. My kids have all grown up in public education and have gone on to university to get great degrees. These cities have all the facilities available in our major cities. Plus the upside is the affordable lifestyle. I’m 48 own my home and debt free, and my highest education is year 12. Living in a large country town has been a blessing. And the upside is I get to go on holidays to places like Byron bay, not live there.
I live in Mullum. That $1.5m house you were looking at in 2021 would now be around $2.5m. House prices in Australia are an absolute joke. Super disheartening and frustrating when you realise you may never own a home.
I’m in Lismore. Since covid, floods and cost of living increase its nuts.
It’s more expensive because the younger generation are more richer
Move to the outback. I just bought an awesome house with a $50,000 loan. It has a few split aircons, huge yard, pot belly fireplace. Its still possible. You just need to be way out. Like over 5 hrs drive west. There is just over 1000 in my town and we all stick together. The only thing that can be offputting is the heat in summer. But winter is freezing cold.
Here in deep outback.. houses that were around $100,000 a couple of years ago have GONE DOWN to $70 and even $50,000 in some cases due to aging and tenant damage. Its still possible. You just have to make some big changes, like dealing with intense heat in summer. But its worth it.
Im a surfer, i grew up in Woolongong and Shellharbour, lived in the ocean, i miss it so much, but i have to be real. Its just not possible on the coast anymore. Not to live in comfort.
Moving to the outback and buying a cheap house was the best thing i ever did. Been here 10 years now.
@@mackash freezing winter, boiling summer and 5 hours from the ocean. No thanks. We grew up on the coast and want to stay here.
I live in New Zealand and we considered buying property in Northern Australia a few years ago. We took a recent look at property prices and were gobsmacked at what has happened. The price of everything in the West at the current level is unsustainable. We live in a bus off grid in New Zealand because we cannot afford a house or the associated utiliities. I have to grow my own food or pay dearly at the supermarket just to survive. We make "too much money" to qualify for financial assistance (nor do we want it) yet we cannot pay for basic needs and live in a normal house. The only option is to move to a country where we can afford to live. Thanks so much for being an example of success and sharing your experiences.
I live in Canada and it's the same thing here. My parents bought our current home back in 1997 for under $200,000 and today it costs over a million. Oh and let's not mention the increasing costs of food and everyday necessities. It's insane.
Also, just out of curiosity, how do you get internet connection in a bus?
@@matthewp956 Starlink! :) We are 100% off grid as well. It's nice not to be tied to the machine (as much as we can be anyway) but the fact is daily life for low-middle class citizens is a massive struggle at the moment. Self-sufficiency does help relieve some of that thankfully.
I can completely relate to your story as myself left a Western European country to start a new life.... nothing is perfect in thailand but at least you can have something that we all need inside us which is call "hope" for a better life
You can't own the house in Thailand unless you marry Thai girl but she will be the owner not you
@@elizabethmatraszek630 if we had a similar law in Australia preventing foreign ownership ( and limiting naturalisation ) then they likely wouldn't need to move in the first place.
@@elizabethmatraszek630That's true but if you divorce amicably without kids you can sell and split the proceeds. My wife has a house ownership book and so do I.
@@georginawhitby1320 So white aus policy that is what you want you redneck
Until that hope gets taken away from the Thai people by foreigners coming in and jacking up the prices.
My parents were born in Australia, I was born here and lived here my whole life. The last few years have shown how corrupt, woke, and lost our once great country now is. I have some things to deal with first but I'm looking to get out of here too. We are getting ripped off here so astronomically. Among the highest energy prices in the world yet we have abundant cheap brown coal that we sell to China for a fraction of the price we pay for it. Criminal. I have Russian ancestry so that will be my destination.
Good luck comrade
Russia is already in war lol?
Enjoy Russia! Betcha don't stay there. Actually.....betcha don't last your first winter!
Russia is selling cheap oil to China for next 30 years, no different.
At least you're moving to somewhere with family history, rather than moving to somewhere unrelated and jacking up the prices of homes for the locals there.
I come from a different perspective. As educated and experienced Gen Xers who invested in Sydney property, we're now facing significant financial and job challenges in our late 50s. Despite still paying off our home, we’re burdened by debt, shrinking wages, and limited job opportunities, making it nearly impossible to maintain any half decent lifestyle into retirement. Our plan B is to relocate to a country with a high quality of life and lower cost of living. And before anyone suggests lowering expectations and moving to the country, I've spent 35 years in country NSW and wouldn’t go back. 3 hrs from anything outside of your bubble is not my pint of beer.
Certain pockets of country NSW are much nicer than Sydney, though. Australian cities are dreadfully boring compared to other cities in the world, so I've never understood why people pay so much to live in them.
Sadly all too true. I feel for my 2 children aged 20 and 18. I was lucky in that I bought a home in 2000. Not exactly where I wanted to live but it was affordable, even though it stretched the budget, especially when I stopped work to look after them. We've been lucky to have generated a lot of equity in our home but sadly it still won't get us where we want to live. We've learned to be very happy with what we have and don't want for anything. Wishing you and Mandy all the love in the world. Looking forward to the baby arriving. Home is where the heart is guys. xx
We should all be more angry with the amount of bnb's in our country. 60k homes in NSW alone are short-term rentals or bnb's. That is a disgrace. And how many people own more than one bnb? They are ruining the housing affordability and rental market.
Air BnB has become an absolute f**king cancer.
Barcelona is finally doing something about it there.
Time we did too.
The older I get, the more I realise that most people do not deserve unregulated freedom;
they are far too selfish &/or stupid.
how does that effect home ownership left idiot
Most councils in Tasmania will allow old sheds and huts to be renovated and given a certificate of occupancy but only for short term rental, so all the tourists can see the locals living in tents on public land.
Lotsa pollies have those AirBnBs, lots of voters too. They are here to stay, because of greed.
It's a problem, but a small fraction of the amount of properties occupied by the tsunami of mass migration every year ( 1.1 million in the last year ). Mass migration to Australia is several times the number of homes being built , and in one year has been as many new people needing to occupy homes as there was in the whole decade of post WW2 migration. And of course at the new extreme rate of migration, the integration, and positive cultural sharing of the great post WW2 migration is clearly not intended by the authorities forcing it .
I'm 21. In the middle of Gen z. I'm struggling to survive here in Australia. I have chronic anxiety. My rent is 750 dollars per week. I went into a service station to get a protein bar and a milk. It set me back 10 dollars. I dont think I'm ever going to have children. I cant afford a car. All I do in my spare time is play video games and go fishing. I cant aford to enjoy my life. After I get home from work and the gym I just rot in my room. I have very violent thoughts however I cope with this by getting fast food or drinking. I soon won't be able to even afford that and god help me if I start acting out.
I really hope things will get better for you❤
Your exactly right. I live in Redcliffe, and we pay 4k a month just on rent in a 4-bedroom House which is normal for this area. Our adult children can't leave home because of the cost. I talked to my wife 3 days ago about retiring to Thailand at the end of 2024. This is because we think we may not survive on a pension. So, we have decided to leave as well. Great video. New Subscriber.
once you overseas, gov stops paying pension.
@@almantasj7698 Totally untrue. Get your facts straight!
@@TheRussRave it's true. You get it for 6 months and then you will be canceled, they don't want you to live overseas.
@@almantasj7698 no it’s not.
I am surrounded by Australians receiving pensions here in Thailand.
They just cut the supplements after 6 weeks.
@@Tony-eb5kh it's very little around $21.50 a fortnight for singles and $35.80 for couples
I live in the gulf saudi and dubai for 20 years and I came back to Australia. .... one thing is sure, I regretted it
I was homeless after I gave the house to my ex & my daughter. Then I became jobless. I have left Australia now, and like you, I find it hard to imagine going back there. The major parties have lost the plot and only want to sow division, and the rich have got really greedy, and have invested in non-productive assets. The wheels have come off and digging up the dirt isn't going to cut it any more. Here in Denmark, it is expensive, but I have a roof, a job, 6 weeks holiday, free education for kids, great maternity leave, and lots of jobs. A country barely bigger than Sydney. And yes, 25% of new builds are reserved for government release, that is the tax. The only downside is the weather. I can live with that for now.
Left Australia on the first flight after COVID and now happily living in rural France. Much happier, Super goes soooooooooo much further, and they have a great community attitude in the small villages. Thought that I would miss the country that I have loved my whole life, and vowed to defend, but haven't missed it a bit. Sometimes I even catch up with what's going on there and just shake my head. So glad to have gotten out of the State formerly known as Danistan. If we were still there we would have been asset rich but very cash poor.
lucky boy , you should be grateful to my tribes the gallos
What village i France and how much was the cost of the house if you dont mind me asking?
@@tigerlilly3727 forget about France it is only for people with at least 2 million dollars just go to south east Asia you will be better of Europe is at war is crumbling don't be foolish in moving into a country the same as Australia ruled by nazi dictators
@@tigerlilly3727 We bought about 20 minutes south of Bergerac. We ended up buying an old winery with 30 acres that have been planted with trees. Large house, massive barns and a huge cellar. House was last renovated in the 60s so had to do a full renovation including setting up the property for horses (fencing paddocks, converting a barn into stables/tackroom etc and building a riding arena). Got builders in to complete all tasks in a year. Property cost 500,000 Euros including agents fees and spent about 300,000 Euros on all renovations/conversions. Now have a really lovely home. We are nicely nestled amoungst plum tree plantations with seasonal crops of sun flowers all around us. Loving life.
The place you live in sounds absolutely magical...always wanted to live in a place like that but presently stuck in the ugly city life. Tried to make my home as cozy as possible though and I do have a few fruit trees in the backyard...I don't enjoy living in Australia. It's just unsatisfying for the amount of money you have to pay for basic things.
Bravo. I left Australia over 10 years ago and only go back to restock on provisions and see my family. It’s a prison with so many rules and regulations it’s sickening. So much nicer in the tropics.
Not wrong rules and regulations and bloody cameras everywhere.
Yes, and the new military alians will cost australia its sovereignty. Australia will be left like Europe with a disgruntled China and sliding livingstandard at higher cost
@jenniferdumet916 what kind of visa have you been on for ten years?
Good luck with the tropical diseases. No doubt you will return if you need medical treatment.
What a complete twit!!
Im a 64 yr old Aussie,i am not a home owner,i rent. Like you ive worked in similar jobs and hrs and i totally agree with you and understand. I'll be off to the Philippines when i retire ,Australia has become a greedy,selfish country !
What is your profession and how much you earn?
Hi Mate, good example of why it's so difficult for young couples to get ahead in Oz. I moved to Dubai for about nine years and made good money working and leasing an apt there, and saving money. I also flipped some property to make some more money. In 2008, the property market crashed, so I decided to cash out, take a once in a lifetime trip around the US and Canada for twelve months in an RV, then moved to the Philippines, where I bought a house outright for cash (leased the land), and have lived here for 14 years. I only go back to Oz on holidays, and thank my lucky stars that I got out when I did. My living expenses are low, but I live well. I have no mortgage. Own my car outright, and earn money from a small business and pay almost nothing in tax. Health care here is cheap, and very good. I love being an expat. No regrets whatsoever.
Yeah, me too. Been out of Australia for 20 years. My wealth only really started to accumulate once I was out of Australia and didn't have the Australian Taxation Department thinking that my success was also their success. It's not their money, it was me working like crazy that generated that income.
yeah Mate, when I left Oz, I'd been working for the Avalon Airshow and making around $50k AUD a year. Once in Dubai I was making over $100k USD, with no tax. Jobs there also come with perks, like housing and car allowances, so I was just saving money like crazy. In Oz I barely had any spare change, everything went on bills and child support. Once in Dubai, I sent $1k a month for child support out of a moral obligation, since the ATO has no jurisdiction in Dubai. But I still had loads of money left over. I rented a nice two bedroom apt in a nice complex with a swimming pool etc, and indulged myself with leasing nice cars instead of buying them, and just using my car allowance for the payments. Had some good holidays in Europe as well. When the housing market there took off, I bought apts off plan, and flipped them, so by the time I left, I had a nice little nest egg. I researched SE Asia and decided the Philippines was a good place to go. I've never been happier. People here are kind and happy, speak English and I can even buy Aussie steak locally, cheaper than my grown up kids can buy it from a butcher in Perth. Generic medicine is available, and there's health tourism here, so all the latest treatments are available along with the latest technology. I pay for health insurance, but it's cheap. My kids come on holidays to visit me and get dental work done here, since it's way cheaper than Oz. I can get an hour massage for about $10 bucks. Chiropractors are here as well, and an adjustment is only about $30. I live up near Clark Airbase, lots of expats here and great restaurants. The Malls here have more stuff than they do in Oz as well. My washing etc is all done by a maid. What's not to love about this place, and lifestyle. Beaches, diving etc, it's all here. I'm getting married next year to a beautiful woman who's been working for me for several years now. She's a gem, and this place is a jewel. Cheers!
Sad one can't buy a home & raise a family in the English speaking world! No way can one retire in west & live comfortably!
Isnt dubai also expensive now?
@@SWOODY183 As a wealthy mate of mine once said, “If you are paying high taxes, you are earning a high income”. Taxes pay for schools, hospitals, roads and more. Glad that you’re successful, just don’t be selfish either. And yes, the ATO is entitled to some of the profit you made from others.
My wife and I are virtually mortgage free and the cost of living in Australia is ABSOLUTELY SHOCKING.
Going out is soooo expensive
Can’t wait to leave
I'm originally from the United States and have lived here for nearly 35 years. First of all, I would never go back there permanently and secondly, America is rapidly catching up to Australia in terms of the cost of nearly everything. It was considerably cheaper at one time, but those times are now gone. We aren't perfect, but I'm not going anywhere else. This is still a great country in many respects.
@@NicholasCampbell-pe3db sincerely thankful for your input and yes I agree we are lucky to be here.
It’s probably more peaceful
@@aaron4387 Thank you for your feedback as well. We are off to see my family and friends next month in Hawaii, Georgia and Florida. I will be voting in Florida in late October in the early voting period. I am a dual citizen so I'm entitled to vote. We leave to come back just after the election is held. It's going to be a very interesting dynamic, I'm sure. I'm voting for the very sensible candidate.
@@NicholasCampbell-pe3db that sounds like a great plan and you sound like a great person 👍
All the best friend- from Australia 😀
Trump2024
Greetings. My daughter lives in Toowoomba, Queensland. The cost of rent is outrageous there. She and her husband both work full time, and have no hope of ever buying a house in Australia. Even in a smaller non-coastal town like Toowoomba. Inflation is very bad there.
One very important thing to note here and an important distinction to make, a mistake in one of your points - In November 2022 (might be a small increase now) , the Australian Bureau of Statistics published that the "AVERAGE" salary in Australia was $1,807 a week or $7,230 a month which is what Lloyd said, or $93,964 a year. The reason mean or average is not a good metric to measure salaries is it is massively skewed by the top percentage of people who earn millions - billions. Median is the true metric of the average person and that figure is much more scary when you consider the monthly repayments example of $7,000+ on 1.5 million dollar loan. - let's also note this is not a normal monthly mortgage the median mortgage is $959,300.
\ But the median salary reported in the same period was $1,250 per week, which is around $65,000 per year. This only makes it more scary when you realize the real monthly income people early is closer to $5,000 BEFORE TAX, pocketing more like $3,000 - now lets also consider interest. You usually end up paying back the majority or even more then your initial loan amount - over the usual 35 year period, on a 1.5 million loan you will end up paying closer to 3 million including interest over those 35 years if we use current trends.
You pay back more than 3 million. You will be paying back closer to 3.5.
i was about to say the same thing. I manage a lot of people, most earn roughly $1000 - $1200 per week. These people find it difficult to manage rent let alone a mortgage. It' a huge issue.
I am glad you have highlighted Lloyd's error. Your point is so true. There is a huge difference between the average Australia wage and the median Australia wage. It is disgraceful how the grubs of Australia predominantly only report on the average Australian wage. By doing this it does not give a true perspective of how f%cked up this Country is
And half the people make even less than that. A lot significantly less.
So what is the solution? I cant work any harder, have little time or energy to diverse at the moment.
Well done guys. A great perspective on the global economic situation. So happy you guys have found your happy place!!
I am so tired of older generations, politicians and property hoarders telling me “if you want to own a home then why are you still having holidays, dinners and buying new cars and making a few sacrifices?”
We have made a *_SHIT TONNE_* of sacrifices. We don’t do near as much as we used to. I’m sick of older people dictating this stuff to us, whilst they did all that we do in their day and still saved relatively quickly for a home. Why is it that these people and the politicians tell us that we should accept a lesser quality of life than anyone else? All our money is taken now by essentials. Even on a high salary. Did that happen to them too? I don’t seem to recall that occurring. Everyday expenses used to be a small portion of income. Now it’s everything. Nothing left for a secure family home. So how about all these people get off their high horses and wake up to themselves?
Property, grocery, fuel, entertainment prices have absolutely *_exploded_* out of control, whilst wages and salaries have all but stagnated by comparison! Where was that in their day? It is not the same.
Our own government hates us. Soon they will prove just how much they loathe us by silencing our criticism and outrage through their “misinformation bill”, designed to allow only the Australian Government to decide what the “truth” is.
Old guy here mate,if you want to own a home then why are you still having holidays, dinners and buying new cars and making a few sacrifices
Hey well said and great points.
As a 62 year old heard each side of politics go on about a “Minister for Affordable Housing” unfortunately ALL talk no action..
As you said, remember LandCom government released land at a reasonable price to help develop areas. Singapore has a 90% home ownership rate by the government building housing and selling to the public for reasonable $$.
Australia and Canada are in the top 3 for unaffordable housing, only Hong Jing being worse. A 5-1 ration as in 5 x the cost to average earning, is bad, 3-1 reasonable. Australia and Canada in the 13-1 wrong and stupid gutless governments who appear more interested in retaining power than what’s best for the people of the countries.
They forget they are only “public Servant’s” to SERVICE THE PUBLIC…
I bought my first house in Brisbane in 1981 , 3 bedroom brick , cost 60K my deposit 28 K , mortgage repayments were pocket change ,
That house now is worth 800,000 K ,
Wages have not gone up similarly,
Also I’m now a pensioner, I spend most of my of my time in Thailand and Cambodia,
Australia was the Lucky Country
Was
I hope you left those kiddies alone , Mate...
@@robertprior94 What do you mean by that , Mother Fucker ,
Monger
@@tanthaman And living a great lifestyle you pathetic prick
It's really amazing how everything has changed a lot in Australia if you compare with the time back of 90's ,now is understandable why some people are leaving Australia.
South Africa has the exact same problem. It's extremely unfortunate. I am a 32-year-old and can't see how I will be able to own a decent home in an area where I actually want to live, in my home country of South Africa. Thailand to the Rescue. Thank God for countries like Thailand. 🇹🇭
your home is in europe. learn some history
@@ccprophets Please enlighten me with your deep knowledge? Oh and who wants to live in Europe? What a dump.🤮
@ccprophets Dont you think that sounds a lot like a certain European country in the 1930s forcing another group of people to leave that country and later put them into concentration camps then killing millions of them? Isn't home where you are born? Do you feel the same way about Barak Obama, Denzel Washington, Seal, Idris Elba, James Cleverly, Will Smith?
If he is a South African citizen and in possession of a South African Identity Document then South Africa is his home. Your comment is so outdated, from 1961. You somehow do not realise South Africa is a multi racial Country. You have not done your homework researching the History of South Africa and what being a South African citizen means. Maybe do some studying during your free time.
@@ccprophets Learn some geography. He is South African born and raised. So obviously his home is South Africa.
something has got to give, what you are talking about has been on my mind for a while now. thank you for voicing this.
I absolutely and totally agree with you. Moved from NZ to Australia back in 2001 worked hard for 9 year s bought 3 properties had family sold 3 properties in the last 3 years travelled the world with my young family for 2 years and built a beautiful mortgage free house in the Pacific islands with no council taxes bodycorp fees no water chargers and solar power and planting my own food crops. stuff that misery in the cities ill never live back there maybe just to visit family . Good on you mate not everyone can think outside the box. Life s to short to be stuck in a rut..
I bet you still have an Australian passport though ;)
Also, you will always be treated as a “rich farang wallet” in Thailand and they will never offer you any residency or treat you as a local. I love south east Asia but it’s impossible to live there as a foreigner. They only want your money and are very xenophobic.
@MEN101 yes, this is the bigger issue. Where can u stay permanently? Is it a case of getting continually rotating tourist visas. That's not a sustainable way to live.
@@danielbowater1585 I prefer Asia to Latin and South America but if you have a baby in Mexico, Argentina or any of the neighboring countries then you as parents automatically get a permanent residency and your baby gets a citizenship.
You can even get permanent residency if you live there for 4-6 years, in some countries there it’s even faster. I have a PR in Mexico.
There are many options, not just tourist transit living in South East Asia.
@MEN101 the original topic was about Aussies living permanently in Asia.
@@danielbowater1585 if you want to live in Thailand then buy a 5 year golden Thai visa for 25 grand USD.
@@MEN101 do you think that is a good deal? Temporary stay for 25 grand. Seems like a waste of money when the same thing could be done on education or tourist visas within that time frame.
All comments are very true about living in Australia. Good for you 2 jumping ship to Asia. Good luck & health with the new family addition
YEAH - Like l would really trust that Medical system!!
@@waenmanson3489 You've been brainwashed and what you say is totally ignorant and untrue. An expat here. My relatives there are always complaining about the medical system and how long it takes to get an appointment.
@@waenmanson3489 Their medical system is far more affordable and efficient than Australia's.
@@waenmanson3489 - many countries have better medical systems than the west.
I grew up in Sydney, I'm 58 now, and it wasn't expensive until about 2000. The 80s and 90s were paradise in Sydney. I could afford to go out maybe 3-4 times a week, have dinner, buy a few drinks, go see a band or go to a club or whatever. I actually had a 2br terrace house near Central Station in the heart of the city. I had a mortgage of 150K! I sold the house in 1999 after a bad breakup and went travelling, figuring I'd buy again when I got back. I sold that house for $299K! Believe it or not, I put it up for auction and ZERO people turned up. That shows you what the housing market was like. People didn't buy houses for investments as the market just didn't go up enough.
After the Olympics, the property market went bananas, and it's never gone back. That house is now worth $1.5 million. Now I live on the Central Coast about 100km north of Sydney and I could never afford to go back. Sydney's fucked now, no one can afford to live there. And yet our stupid government keeps importing more and more immigrants. It's crazy.
The byron market was like that around 2008. Nothing would sell. The property market needs a reset. If something happened globally causing major issues and rates went up 15% there's your solution. Reset.
I live in Essex in the UK. A few years ago my landlord sold the 2 bed flat I was living in so they could renovate and turn it into a 6 bed HMO, which meant I got kicked out and had to look for a new place to live. The demand was so high for flats with places getting 80-100 people applying that they would go in a matter of hours. It literally became a full time job for me to find a place to live, I basically couldn't work for over a month, I finally got a place which costs me about £350 a month more than I was previously paying, and the whole ordeal cost me about £3000 in lost work as I'm self-employed and had to keep passing up work to go view places as soon as they appeared online.
P.S and the place I rent now is worse than my last flat, single plain glass windows, noisier and I don't have a drive anymore, so I've got to fight for a parking space as it's a busy road. So yeah I now pay more and had to give up a large sum of money of my own earnings so I wouldn't end up homeless! 😡
The UK has a major problem with socialism, in particular that Town and Country Planning Act from the late 1940s which said that the government got to say in what you could do with your land, and that the 1930s free market system which actually built stuff was over. The later National Planning Policy Framework has made it even worse. I feel for you, but the problem ain't that landlord, the next landlord would have done the same, it's centralisation and socialism.
@@andrewcarey2582 That is absolute bollox. It is landlords taking advantage. Nothing to do with socialism. Much more to do with the capitalistic attitude of squeezing every £ out of everyone that came in with the liberal economic policies of Thatcherism. The problem is the exact opposite of what you are saying.
@@JK4ManC The 'free' part of free markets is important. It means that others can enter the market and compete away excess profits. The Planning Acts don't allow that market entry to anyone with a bit of land.
Every western country is cooked.
The biggest never discussed issue is no political party is for the working class anymore.
I know the other issue is as stated in the vid the hate the term but boomers hold the assets.
I am sorry to hear that things are getting tough Down Under. Back in the 90s I spent 18 months doing contract work in Oz and I instantly fell in love with the place and the people. I can't help but believe that the spirit of the wonderful people I met back then is still alive. I hope things improve for all of the good folks down there, I love you all to pieces. Advance Australia Fair.
We are not ok Down Under. Things are not good or fair. 😥
What has been causing the expense with housing is the illegal money laundering that the cabal 'govt' use to cheat people out of living decent lives. The cabal's ultimate agenda (Agenda 21 and Agenda 2030) is to depopulate and get rid of 90% of humanity on the planet. This and HAARP energy weapons weather manipulation are used the world over to get rid of people. We have been in a massive war with the cabal (run by aliens) and it is coming to a head. They have known for thousands of years that 2030 is the end for them. Also there will be a solar flash and we will all be ascending anyway which means it doesn't matter about the material things you have on this old earth. If you go to 4D you get replicators like in Star Trek and you can create your own new home with one. If you go to 5D you will be powerful enough to replicate using your own imagination. All those super heroes were true. So don't worry - the old world is about to collapse, starting with the banks going down and then everything cabal including supermarkets and the new world will be so different. Even doctors won't be needed - medbeds will replace them and we can reverse age to 30.
@@tranquilvortex yeah :(
We are doing just fine.. the people here don't want to work anymore. An entitled and spoilt spirit is everywhere. It's a beautiful country and place to live.. ❤Australia, but the people are becoming soft
One can only hope but unfortunately there is no hope. Only an asteroid can restart this madness.
I left australia in 1996 and am still in SE Asia. Living happy on $1.500 a month
Did you hand in your Australian citizenship when you left, if not, why not?
@@bwana-ma-coo-bah425 because im australian hahha
@@SouthernCrossGO And are you saying you can't hand it in? Or, do you want to hang on to it so when the tish hots the fan the Australia will bail you out? You know the one you are bagging.
@@bwana-ma-coo-bah425 because im australian & still need a passport
@@bwana-ma-coo-bah425 Go the troll haha i dont need bailing out. Im fine
im single income got a slight disability so zero chance of ever having a partner...nothing major it just precludes me from the dating pool...simply having a different variable means i can not compete against double income households. that's for mortgages and renting...I'm always last. I've had to move five times due to rising rents and I'm now at the move back into my car stage...which I've had to do before in between rentals. if your single or cant live in sharehouses - you have no options anymore other than living in your car. i had a house, lost it to the banks thru no fault of my own, got assaulted and had court cases and that stuffed up my financials...and that was my only chance. it shouldn't be like this...the worse thing is the gov is working for corporations and not people. hard work doesn't equate to getting a house anymore which means there's no motivation to participate. and the free market, you cant let free market run food clothing and shelter...those need socliasm safety nets for exactly the reason we are seeing now. the only solution is to do what singapore did, tonne of gov housing, put people back in like used to happen in the 50s. the free market deletes people on the lowest rung of the ladder as being irrelevant, and, all the capitalists i know when they hit 60 and start accessing health care they suddenly for the first time in their life realise why socialist policies are there...coz they have to be. people first not profit.
There must be online dating for disability app available do find someone or it gets lonely.
My brother do NOT feel bad about precluded from the dating pool. Most men these days are turning their back on whamen and dating, you wouldn't even believe the horror show with these entitled whamen now. MGTOW
I'm Aussie and can identify 100% , Moving to SE Asia and never looking back at the lucky country✌
@@AsiaStreet365 so you have permanent residency in Asia?
Thailand?? HELLO Im Thai living in Adelaide Australia. I work in chicken factory full time in Adelaide and still have money to travel around the world for holidays. Australia is heaven for us compare to Thailand. If I work in factory in Thailand I will get $12/per day I wouldn't be able to afford 3 meals for my family. You see the difference that is. The cost of living in Thailand is so high compare to the wages local people earn. The rich are so rich and the poor are so poor in Thailand. I'm Thai so I'm telling you the truth.
@moonmc1047 this video isn't aimed at Thai people, its aimed at Aussies.
@@danielbowater1585 No, I need to get visas when I travel, right now Thailand gives you 2 months on entry, Vietanm you need to apply for a 3month visa which is easy.
@@moonmc1047 Yes, wages in Thailand for Thais is very bad and for a Thai living in Australia wages are better.
Is the same in NZ. Kiwi kids cannot compete with Chinese speculators borrowing money at 3 percent, able to get a ten percent return on any house or apartment they buy.
Fully agree with you Lloyd & Mandy.
I have a feeling Mandy will enjoy gardening ‘outside’ too so you should look at buying somewhere in Hua Hin, with land AND a pool. The main thing is to commit yourselves to somewhere, so you can feel settled. Put down roots. You could grow so much in a climate like Thailand. It would be fascinating.
Where I live in the far northern part of Sydney just past Hornsby we are now seeing trends of absolute rubbish homes that require a Bulldozer on larger blocks selling for over $2M dollars. Many times these blocks are in RED bushfire zones so a rebuild is going to be easily $900K plus. Australia is now a joke, and the way I see it after the Olympics in 2000, that was the beginning of the runaway housing prices. Post Covid was the beginning of runaway inflation affecting everything. At the moment to rent a old house where I live the low is $800 p/w. I've never been able to make a living online, just had to slog it out making other people wealthy. I have friends who just purchased a average house in Byron, they paid $2.3M, the prices you show are cheap.
Spot on mate
Your living a awesome life keep up the good positive vibes
The best thing that ever happened to me was when my family moved from Thailand to Australia in 2009, and the next best thing is when I move to live in Bali and work from there in a week's time. Love every bit of your video!
Born and bred in Sydney. Left it 15 years ago for beautiful North Queensland. Right on the beach.
Ken Henry, Alan Kohler, Ross Garnaut, Rod Sims, and Cameron Murray have all articulated some good ideas about how to make Australia fairer and more affordable for all, but powerful interests have so far prevented them from being implemented.
Good analysis. You made a smart decision to move on. Thailand has a lot of advantages.
Like cheap young girls or boys who pretend to be a girls. Legal paedophilia
yes my wife and I left for Thailand 7 months ago for all of the reasons you mentioned and love our new life!
As a Gen X with a house that has increased 65% in value since we bought it in 2019, im happy with this crisis. Watching my mid 20s step daughter struggle to save a $70k deposit because that's what you need to purchase the cheapest house in our area is maddening. Both sides of government give you lip service that thwy want to fix it but yet nothing gets done.
We've got to be one of the most taxed in the world too . I hate all politicians and will never vote in any election again .
They've destroyed paradise for the people .
That so-called increase in 'value' is on paper only. So has every other house, so you're still stuck there. If you sell you're in the current market where what you got won't even get you what you had. Your only option is to get the same thing or go to a different market.
Australia has become like Sydney once upon a time ago. Once you leave you won’t be able to get back in. Hope your prepared for that long term especially with a kid/family.
Also. 😂why can’t we buy in Byron. Lol Byron has been overrated and expensive since the early 90’s. Would put money you weren’t born there like everyone else and part of the problem your complaining about. That’s why we had to leave family in Noosa and move away …..
Even a crummy house that needs fixing on an average block in Adelaide, SA is OVER a million $ now.
I love how you brought Bear with you from Australia when you moved to Thailand instead of abandoning him❤ and I'm looking forward to meeting your baby girl😇 Just subscribed!
It’s very similar in America with the lack of homes being built and extremely high out-of -reach prices, along with extremely high rent rates as well. There is something really weird going on in America with big corporations. They are buying up huge geographical areas of homes and renting them out to families, at a pretty high rate. They say there will be a housing bubble crash in America but it hasn’t happened yet.
North America or South America?
usa cheap to buy a home a condo in new york cbd $800000
no the not poltical class is it left propoganda
May be Blackrock doing all that house purchase and rental, same in NewZealand theirs somebody offering to buy any housing with option of renting back but they are not saying who they are may be Blackrock as they are in NZ invited by the Labour progressive regressive govt
"In 2030 you will own nothing and be happy". - WEF
That's why, the elites will own everything and they are even pushing for a future of not even being allowed to buy appliances, that you must rent them from the state. This is where the world is heading. They are pretty open about the plans they have for us all now. When the WEF calls most humans "useless eaters", that should tell you what their plan is...
Jesus Christ. You can get a HUGE house on a big block where I live in WA for well under $500k. Sure it’s a country town , but that’s where the real Australia still exists.
SE Asia still better living. $500k for a patch of land in the country is not worth it for some people.
As well as country W.A., $500k buys ocean views to die for in TAS (outside of Hobart). What’s more, quality of life in regional Australia is so much better than in any crowded city, here or anywhere else.
The grass is greener overseas, and I recommend all young Aussies able to do so, go get experience. But don’t burn bridges, because one day you almost certainly will want to come home. You may have kids who are unlikely to get work overseas when they grow up. Or your health may dictate that you must come home.
Country town, dead zone, should be free. Then the town will grow.
@@ctherats6023 , It’s not dead. Houses are as scarce here as everywhere else.
We’re?
I live in Sydney and It's ridiculous here! I’m also saving and planning to live over there. Good luck guys and thanks for your story.
I moved to Herzegovina/ Croatia border 2 years ago. I don't plan to ever go back.
How was it to get permanent residence there?
Well done mate, who knew Byron Bay was expensive? And capital cities too? Incredible information. Enjoy SE Asia.
Totally agree with you. I plan to leave Australia and move back to Thailand as well. But could I ask you that If I work online or work in Thailand, do I still need to pay taxes for ATO? Cheers
Lol
You will need to pass the domicile test. If you're a non-resident then you only pay taxes on your Australian sourced income. It's best to get advice from your accountant on this and not some random bloke online.
Australia has become a one big factory for people to only work until they drop.Thank Goodness i woke up 10 years ago,retired at 50 now I’m now 60 living the dream travelling Asia.
What do you do for income?
@@JasonISF i rent my house and use the money to enjoy travelling in Asia. Thailand, Philippine, Bali. Living like a king.
@@ushersanos nice. My mum is from the Philippines, I'm looking to try and go for dual citizenship as I don't like what Australia is becoming. What happened to Australians during covid told me what I needed to know. Soon all the capital cities will be filled with new arrivals.
@@JasonISFawesome, I’m in the Philippine ATM loving it, later will upload highlights of my journey in the Philippine.
@@ushersanos awesome. Mum is from Bohol. I am planning to take her and my family there at the end of this year. I haven't been back since 2012.
I agree, don't get me wrong, prices are crazy and it's very difficult for young people. BUT the way to get into the property market is to start small, not with a $1.5 mil property! Start further out with a less expensive property as first home buyers and work your way up, that's how it works. If you don't want to live in it, then buy something further out, rent it and then rent where you want to live. It won't cramp your lifestyle too much, but over time, it will be a valuable asset that will pay off. THEN you can look at the million dollar properties!
Couldn’t agree more, if you’re working in normal jobs earning an average salary you shouldn’t be targeting posh post codes…
If you buy a property that is for investment you lose any grants or first home buyers assistance, plus you pay more tax and a higher interest rate. It’s not worth it.
It doesn't really work like that anymore. Even the cheapest properties are out of reach to most first home buyers, so now only people who already own property will be able to leverage that to get another property. It reminds me of a news article I read today, where a single mum bragged about how she made it, and how anybody can make it into the property market. Do you know what her method was? A huge amount of money she inherited. This country is sick.
@@shneershiishonest I lived in Australia in the 70s 80s and 90s and after that have been living and working in Asia. I remember my mortgage of just 50000 back in 1992. I bought an apartment near the city. I was on a low salary but I could afford to buy something. You're right. For most young people now it's out of reach.
There *is* no "small" in Australia. It simply doesn't exist.
I'm in Thailand now, and I'm never, ever returning. It's not just the housing and food affordability "crisis" - it's the nanny state prison colony that it has become - again.
There's legislation on *everything*
If you think I am hyperventilating writing this - I am.
Australia is a beautiful pile of shit.
I also left Australia 3 years ago, during the you know what. Because of how strict it was there, I left via the temporary travel bubble opened with New Zealand at that time. I loved living there before that, but probably will never move back because of the cost of living like you said. The property prices are truly insane.
Yeah we feel the same, hopeful that things will change though, if not, the people have to be the change.
NZ was even WORSE than Australia in 2020. Did you not see the vids of the P.M. smoking meth?? She still prez there? She bonkers, yo! Looney libtrash!
I left Australia 17 years ago to live in Shanghai. Yes, Shanghai can be expensive, however there are so many options to live extremely cheaply, certainly is cheaper than Aus. No regrets at all. Besides that, the convenience and safety in Shanghai is a big plus for me. No need for a car here either, life is good.
How is breathing treating you?
@@trythis2821 absolutely fine, why would you ask that question, oh I can guess, you have a tv.
@richarddaniel2416 hard to stay that long, maybe you work there in a specific field or have a spouse there?
How's the lockdown prison life like there 2 years ago? happy as Larry?
@@antonyzhou6602 Better than Australia, they feed us, kept us informed and happy for a short holiday. No mask mandates, no vaccine mandates, all good.
I am on DSP after a motor vehicle accident (no pay out) with no hope of owning a Home in Australia, so 11 years ago, I packed up and moved to SE Asia.
I am building a 100M2 House with a 3M wide Terrace on all 4 sides on a 2000M2 Lot, all while living on s Single DSP.
Over the past 4 years I am about a third the way into completion after Covid and several Medical issues put me behind, to date I have spent under 40K AUD.
I plan on spending around 100K AUD to get it to a lockup stage to move in, and then complete whilst living in it, this would be IMPOSSIBLE in Australia for someone in my position to achieve.
I have been back in Australia now for 2 months visiting Family, and what I see is so disheartening with the cost of living, this is not the Country I grew up in or left behind, and I cannot wait to get back to SE Asia and my Family there!
Australia has become an overly expensive joke. Seems the Australian Government really can squeeze blood from a stone. 😞
Wow wot a lovely sop story. Have u told Centrelink and got partnered rate DSP? 😮
@@paultomkins4145 You cannot get a Partnered Payment unless she is an Australian Citizen and qualifies.
To do it, I have to do it on the DSP, and for a while they were paying me the Married Rate for me, nothing for her.
Not a sop story, just reality if you choose to relocate abroad and have your Pension made Portable.
That rate wud b bugger all without the add-on. Good on you. Enjoy Asia. 😊
@@paultomkins4145 I have been back in Australia for around 10 weeks now, Centrelink refuses to acknowledge me as a Resident of Australia so I am not entitled to any Concessions etc. 😳
I WAS looking at finding a place here and bringing my Wife and Daughter over, not anymore. They have stuffed me around so much, it is as if they do not want me here, so fine! I am better off in SE Asia apart from Medical treatment that comes out of my own Pocket in Full. I am paying full price here to see the GP and buy my medications etc, so not much different to living abroad paying full cost.
I am finding the stress of dealing with the changes here, along with the increased cost of living here to be too much for me to handle, so back to the Bamboo for me!
I'd rather a simple off the grid life minus any Concessions thanks.
@@paultomkins4145 Typical narrow minded AUssie comment. This man made the best of what he had for gods sake.
❤❤😮 Oh wow, thanks for that information, very interesting.in regards to your questions about who's benefiting,I been thinking about all these things for ages and I think the polititions and other members in the whole legal system are benefiting, but it doesn't stop there, this is a big problem and people who are underedicated are suffering, then if you get educated they want to shut you up? Like me, I'm living in my car and I'm sick of it. It's disgusting.
Guys, first video I've seen. I own my home, I'm 60yrs old and agree with the majority of what you have said. To save Australia we need to do some difficult things that in my opinion are extremely impossible to achieve, but we have to do it. Australia needs to use its resources including coal, uranium, natural gas, minerals etc to first make steel to make cars, washing machines, furniture, boats,etc and the list goes on. Second we need to cut red, green and black tape, over 50% at least including homes approvals building costs tax's that can add up to half the price to construct. Reduce government size eliminate states for eg. Bureaucrats, and I can go on. If we don't change our direction as a country, we will go broke! And we are well and truly on this path, hopefully will wake up in time.
Get a time machine and move back to the 50's.
Your 100% right but it will never happen.
The WEF arebpushing mass third world immigration on Europe and the Anglophone countries. They have sold out the future for quality affordable housing.😮😮😮
It's not going to happen, wages are way too high for that and no one wants to collectively work more for the same pay to get the country back on track.
How much property does Blackrock, Vanguard etc own in Australia?, they own a lot in the UK so it's likely elsewhere in the Anglosphere.
They dont own any in oz , the poltical & union leaders own most overpaid parasites in the world and our taxea high 125 taxes crippling middle class & upper class
So so Sad! We emigrated here from uk 43 years ago, i first came here as a pomme seafarer in 1973, Australia had one of the highest standards of living in the developed world! When we came here to live full time in 81, we couldn't get over how cheap things like Housing and Food etc compared to the UK!! To us it was amazing and there was a general feeling of everything having a wonderful future, it held promise, when we moved to Cairns in 83 we had truly found paradise and were easily able to buy a lovely house(thank God we did back then) We love Australia and no way would we return to UK! But its heartbreaking to see whats happened to our wonderful country 💔😭 we cant complaine as we were among the luck generation who bought our house way back then but our kids and grand kids just do not have the opportunities we had in the "Lucky country" (as was) luckily we are able to help them but most dont have that😭 I am not a lawyer or rich invester, im a retired fitter turner and ex marine engineer but back in the day you didnt have to be well shod here to get a great standard of living, Very Sad but i wouldn't live anywhere else, that said if wewere in your shoes nowadays we'd do the same! Good luck in your new life in Thailand its a wonderful place too!
Living on the Gold Coast. I 100% agree. Very expensive here. I would go as far in saying NZ is even more expensive to live.
Could you have found 2 more expensive places to live than Byron Bay or Sydney ? Maybe if they stopped filling the country up with immigrants the housing shortage wouldnt be as bad and the prices wouldnt be as high. People are basically short sighted and greedy those that own property obviously support the rise in property prices, governments love the extra taxes that they recieve from inflated prices , people like politicians, property investors and the real estate industry are making a killing. Short term rentals like AirBNB are turning long term rentals into short term rentals because they can fleece tourists with Byron Bay being a classic example. Big buisness is constantly pushing the government to bring in even more immigrants as it keeps their wages cost lower, we have an out of control education industry that is flooding the place with international students because they make a fortune out of them, You are 100% correct as a 60year old Aussie I am greatly concerned about corrupt politicians continually selling out this country on behalf of big buisness. The are killing the future for generations of Australians to come and the irony is that we cop a fine if we dont vote for them to do it. Good luck with your new life in Thailand its not something I would do but I cant say that I blame you for making that call..
The migration is just making a problem worse but that's not the cause. It's the goverment and their policies around construction that drives up costs and mashing it hard to keep a business afloat with costs. If the goverment wanted to they could fix the issue within months by doing what the brits did back in the day before they fkd it. Goverment opens a construction sector, build goverment housing that people can rent off the goverment with the ability to buy it out at the end. Plus we sell all our resources of as raw materials then buy refined product back because they dont want to invest in local manufacture so all the materials cost way more too.
The entire blame lies with the government and the years of leaders who act like the whole nation is their own little business venture
Exactly.
Blame the immigrants - what a tired, played out perspective. *Yawn*
@@MikeD-hn9hf get you head out of the sand 1.2 million increase in Australias population since this government came into power what do you think is going to happen during a housing crisis ? its not even possible to buld houses at that rate.
@@MikeD-hn9hf he blamed the rate of mass immigration, not individual migrants. Corrupt policy makers and the power blocs they serve are responsible for weaponized mass migration , not the migrants themselves. And you being tired of a reality doesn't make it untrue.
Australia is still the best country, if you look you will find opportunities, they may be harder to find but still there.
@@santinatortoni3803 it is a great country, but it’s being run poorly.
Never regret migrating to Australia and never leave. Im not a clever person, but through hard work and with many mistakes, i live in my own home with my family, still working and enjoying it.
Many from thailand wish to come to Australi.
For many Asians, migrating to Australia is The Dream. Asia is a hell hole...
So you came here many years ago when the cost of living and house prices were reasonable and you’re looking down your nose at someone that has made a decision that best suits his family based on current circumstances.
That's because they see the image of the kangaroos and beaches and sunshine and smiling people in the brochures. They've never seen a single episode of Kath and Kim, or Houso's
Subscribed to support you on your journey! Congrats on risking it and starting a new life! :) Well done!
Good on you made right decision still young dont have to come back!
I am glad calling ‘ Australia home’
Wish you good luck and stay safe!
You didn't mention the number one factor in driving house prices and rents to the moon - immigration. Australia has the most extreme mass immigration program in the world. When demand greatly outpaces supply, prices go up. Economics 101. This country absolutely sucks and as a born and bred Australian, all I can say is - I hate it here.
You're being replaced.
@@JamesTaylor-n1u Correct. It's no accident.
So you hate immigration what if that Immigration is redesigned as WHITEs only will you be happy then
@@JamesTaylor-n1u thank god i'm aging i would hate to see what this country is like in 50 years
@@Swy2023 or you could get off your arse and do something.
I get the massive amounts of fluoride in Australia's water supply has you all indifferent, but ffs.
I think I was one of the lucky ones mate. I purchased a small 3 bedroom house in the far eastern suburbs of Melbourne 11 years ago and it’s now tripled in value. I feel sorry for the friends I have who are in their 40s &50’s who are still renting. Looking at moving to Thailand to live to see I can make early retirement a thing!
Sell the house and cash in. You won at the real estate casino!
I regret selling my house in 2015 in Melbourne.
Because od divorce. It is a gamble house game . I am only here because of my children. i want to move back to Thailand soon .. my home country . Australia dream is no longer exist.
@@guderian7795 But then buy where? The only way he will get ahead is now to buy somewhere either undesirable or remote. We're in a similar situation where our house value doubled in less than 10 years but meanwhile even if we cashed out, we would have to move even further remote where we can't get any work to even make it worth wild.
@@tararaboom His opinion but you should read the top comment because his comment is in regards to what richiereid100 posted...
@@tararaboom He is looking at moving to Thailand. Much cheaper for his early retirement.
I wonder how you were able to book and fly on a oneway ticket to Asiam because most of the airlines wont allow you to fly without a return ticket . I know several people that were caught out by only buying a oneway and were refused to board when they got to the airport.
I agree with a lot of what you say Lloyd , particularly housing costs. I'm in a different situation to you though, being a senior who is now spending more time back in australia to be with my grandchildre . I have lived on and off in SEA for the last 20 years or so. And i can tell you australia is still the lucky country despite all those things you mentioned. I get free transport, medical, subsidised prescriptions. My grandchildren have access to free first class schooling. Free after school activities etc, etc. A system of law and order that does not just favour the wealthy and well connected. And the supermarkets here, whilst more expensive are not much more than supermarkets in thailand, indonesia and malaysia. And the quality is better imo. Don't get me wrong i love SEA and will continue to visit, but australia is every bit as beautiful as anywhere there. It just lacks the vibe and energy.
It is indeed a very dull country for some reason that escapes me. Maybe there is too much regulation of everything.
I'm glad to hear you stand up for our wonderful Australia even if you have lived and like the Asian life. Perhaps the Aussies that love Thailand will get a shock when the Chinese push hard to take it back I believe a great deal is done there with Chinese money, I'm an 82 year old own home good family I've travelled a lot and can only say matter what Australia is magnificent and definitely home god bless those who love this country and do not leave but build back what labour has wrecked over the last few years.
You don't get any of what you mentioned for free,either you or other people pay high taxes to get them
I sold a house in Melbourne 25 years ago for 255.000. Its now worth 1.5 million.I moved to the country and bought 5 acres with house and sheds for 170.000. Now 25 years later its worth 400.000 dollors.I would never move back to the city
Did we ask
@@tanthaman - as if your prestigious standing in the comments section is what gives people the right to comment? lol. okay, we will wait for you to lead with "comments and opinions are now accepted" on any video we come across.
Well done my friend!! Life is not a practice run, you don't get a second chance of living again! Enjoy yourself!!
You havent seen prices now, OMFG i spend 600-700 hundred a week, Alidi, Woolies, Coles looking for specials !!!! And im a carer ~!
600-700 a week? Are you buying the whole supermarket?
Sounds like Canada as well. We are looking forward to Thailand going in 2027 when we retire.
Great video Lloyd. This is something that you are obviously passionate about and rightly so. Great to hear such conviction from you. Hua Hin is obviously great for you guys.
I live on the Sunny Coast, there are hundreds of homes that have been sold to Indians who haven't even arrived in Australia yet. I've lived on the Sunny Coast for nearly 20 years, since the pandemic, house prices have doubled. I have three daughters all in there 20's. My oldest daughter managed to get on the property market by pure fluke but I don't know how the younger 2 will among unless they move to a run down out-back town. I have a very well paid job, work away from home 200+ days a year and pay stupid amount of tax. I don't mind paying tax but I do get angry at the way pollies get all the perks and seem to get away with all the freebies. We have to many public servants, local council, state MP's and there staff then federal MP's along with there staff all pulling in massive pensions we have to pay for.
Yep, the Indians and Chinese will replace us....because our leaders refused to protect us from this madness. And we paid them handsomely with our tax dollars for this.
Why are you blaming Indians? by far they are the most skilled migrants, Doctors, Engineers, Scientist , Immigration is a partnership
@@jiti5034 I'm not blaming Indians, I';m pointing out a fact that people have purchased houses who haven't arrived in Australia or had a VISA issued yet. FACT not blame
@@jiti5034😂😂😂😂 No they are not Try working with them 😂😂
@@edm9527 But that applies to Australians who start migrating to Asian countries as retirees local prices go up.. at least Indian migrants bring skill and workforce
It is not the only country that is expensive. Where I live in Canada it is nearly impossible to buy, let alone rent. We have trouble buying groceries etc. And gas, very expensive.
24 hours after viewing this video. I needed time to digest the content. I was shocked and annoyed on so many levels. I could write a thousand words, but I won't. In time I believe you will regret this video. As I have followed you consistently I will hold my counsel. It's your life. Xx
@@lubyard6057 huh? What are you talking about?
Where you living? BC or GTA?
@@debuthunter5389 I live in Ottawa
Hi Lloy and Mandy. I have come acrossed you page. Yes, it is true everything is expensive. We live in Melbourne. I am a registered psychiatric nurse. I am thai - ee sarn. Have you heard about Ee sarn? I work hard in Australia but it is hard to cover with living. I admire you guys to make the change which I am afraid of making the change.
However, I have been thinking what should I do? Move back to Thailand? Laos?
Congratulations to your new life in Thailand.
We left Oz 3 years ago and it was best decision we have ever made...
Where did you go?
@@colettelondon8434 we moved to Erope.
@@patriciajpb7308 I can't find that on the map...
@@patriciajpb7308 which country if you don't mind saying
@@brendan12882 now we are in Ireland
I live in Canada as well and I think most people experience the same thing - especially in the bigger cities. I feel bad for the younger people growing up today - they can't even afford the rent yet alone save up for a down payment on a home.
I too have been looking at other countries to retire - ie. Thailand, Colombia, Portugal. The one thing I grapple with is that foreigners who are moving to these more affordable, popular countries are slowing preventing the locals from being able to afford to buy/rent in their own towns/cities.
Maybe there needs to be a virus to do a bit of thinning.
Portugal is a very compliant country, government says jump and the people say yes sir right away sir! Highest covid vaccination rate in the world and also the highest amount of "excess deaths". Hmm I wonder why that could possibly be...
It's a strange one I just can't seem to figure it out all these people dying suddenly look at the news papers to see the trend of died suddenly.
I went to the Olympics in Sydney in 2000, the signs the prices were rising in Australia were around then. I was told the worst thing that can happen to a country is to hold the Olympics. No one really took much notice at the time because everyone was caught up in the euphoria of it. Boy, were they right. Prices almost immediately started to rise and not just on property, on everything. It made up my mind, I wasn't staying in Australia, I quickly moved on, and I'm glad I did.