Doing the bathroom work and sanding and polishing the wooden floors in the whole house? How many square metres is that?Sounds like you're broadening the scope a bit!

Tony B, what part of the country are you in?

Scott,what do you mean by get back to where we were just 2 years ago?That property is going to be this relatively expensive for many years for example?

"x"She left us a kiss!

Good point Bespoke, thanks.My father in law still has a UK state pension in the UK, he draws this out in Australia but there are increasing restrictions. He does not pay extra tax at present but then it probably hasn't crossed his mind to check if necessary.Not sure how this would all work with private pensions.

Y,Well, you hit the nail on the head about the terrible buying system here in the UK, it is a major contributing factor to so many failed sales, gazumping and gazundering. We got gazundered a year ago and ditched the attempted sale, only for the market to drop massively, we saw £35k knocked off our selling price. This has severely damaged our…[Read more]

Thanks for your comments KY, you've given me a couple of points to ponder.Renting out the house in the UK doesn't really stack up unfortunately, the "buy to let" mortgage required would swallow my equity almost totally to get to a position where rental would more or less break even. Shame I can't "legally" keep the domestic mortgage for rental as…[Read more]

I'm in London, trying to sell up and emigrate to Adelaide.Ignoring that the UK has already had a house price slump, which is continuing, and now our GBP is just crashing in value the plan was to sell up our modest UK house and buy a nice home in SA, in the early days a couple of years ago I thought I'd be able to buy a house and an IP for the…[Read more]

I'm commenting from the UK, as I haven't mnaged to migrate to SA yet,but from here it looks like Australia is hanging out a remarkably long time from being sucked into this crisis. If China starts consuming less and mining areas go down surely they'll be among the first to come back up when China starts up in earnest again? Worth hanging out a lo…[Read more]

Excellent, thanks for the tips!48.5% could be a bit of a problem. I'll check out the links.

Wow, SophieJones it sounds like you've been very lucky  –  or the positive karma thing is working out for you! I don't yet own any IPs but I have a more cautious view of human nature!

Anyone done any comparisons between the average wage and the average house price over a few decades?Let me know if you have any interesting charts to look at! Would make interesting comparisons

Interesting seeing this from the UK, about to put my own UK house on the market again after a messed up sale a few months ago. The idea is to emigrate to S.A.Long story short, a gazundering offer we received only a few short months ago, before the recent financial storm, now looks like a missed golden opportunity…. Going back further, 2 years…[Read more]