Oct 17 2016, 08:58 AM
QUOTE(the99percent1 @ Oct 17 2016, 08:29 AM)
Lol... i grew up in aus for 12 years. Partially did my high school and completed tafe and uni there. But I decided to return to Asia for work life & start my family.
Having seen the culture there, your kids will grow up sheltered and less ambitious than the fresh off the boat asian kid with nothing. Sometimes struggle is good to build character and proper study & work ethics.
Maybe it is just me, but I definitely identify with Asian culture more and have no regrets now that I have moved to singapore. Funnily enough, I work closely with aussies and they are all desperate for projects that they are looking outside of their local markets. It's funny..and sad at the same time.
Anyways, my advice is dont think of buying property in current economic climate in australia. It is an absolute travesty with what is happening with the property bubble. The recent interest rates cut by the rba, the lowest it has ever been is still not good enough to stem the bleeding. There will be a correction and I advise you not to be a part of it. What goes up quickly must come down even harder.
Rental rates are dropping, so the market is strong for rent. You can get good rates on inner city apartments, which has spouted out alot in the past 5 years. Save your money and invest in other things instead of prop. If you own property, consider selling out now whilst it is still high and not when the crash begins. Best of luck.
Good advice for the people who plans to migrate over. Australia economy is not doing well and to get out of the mess they are in, they will require a massive change.Having seen the culture there, your kids will grow up sheltered and less ambitious than the fresh off the boat asian kid with nothing. Sometimes struggle is good to build character and proper study & work ethics.
Maybe it is just me, but I definitely identify with Asian culture more and have no regrets now that I have moved to singapore. Funnily enough, I work closely with aussies and they are all desperate for projects that they are looking outside of their local markets. It's funny..and sad at the same time.
Anyways, my advice is dont think of buying property in current economic climate in australia. It is an absolute travesty with what is happening with the property bubble. The recent interest rates cut by the rba, the lowest it has ever been is still not good enough to stem the bleeding. There will be a correction and I advise you not to be a part of it. What goes up quickly must come down even harder.
Rental rates are dropping, so the market is strong for rent. You can get good rates on inner city apartments, which has spouted out alot in the past 5 years. Save your money and invest in other things instead of prop. If you own property, consider selling out now whilst it is still high and not when the crash begins. Best of luck.
Though I will still reckon people not to be taken aback by the property market, if it's for own stay, by all means go ahead. As long as you don't stretch your finances.
Quote
haha
if i start , i will just say 
to aus .
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