Is it a must for you to stay in Australia?
You could always relocate to a jurisdiction where living costs are not so expensive & home school the kids? This would enable you to keep more of your stack before making such a large purchase & unwanted selling of corn just to own a home.
Yep, came here to say this more or less.
For now, yes, this is where we want to live.
I’ve travelled to 100 plus countries, seen a lot of the world, and right now this is where we want to live
Yes there are hard parts, ie real estate ponzi
But all in, we love it here
(Yes, we need 3rd passports, if they ever trh the crazy lockdown stuff again)
Fair enough, the lifestyle is great there, out of all the Western nations if I had a desire to stay in any I’d probably choose a red state in US, or Aussie. However, in saying that I believe all of the Western nations are going to start making it even more difficult for citizens to relocate. Might not be a bad thing to have some alternative Plan B option setup just in case.
In regards to the RE market I think if you can hold out for a few years and keep a good stack I reckon you’ll probably get the pick of the litter if/when things fall apart… all those Normies reeled into unaffordable 30yr mortgages may be forced into capitulation due to further increases of rates.
Trade offs everywhere! Thanks for sharing
And yes totally agree that “liberty” is going to be tested again, digital ID, compulsory jabs, taxing unrealised gains, I’ve counted none of it out
I think the key is buoyancy
As long as you make decisions that mean you can just get up and go, should you need to, then I think that’s what gives me peace of mind
