-
Sydney and Melbourne are just as unaffordable for houses as London., if not more so. Auckland too. Peeps are doing the same thing moving to Adelaide, newcastle, Tauranga, even Ballarat.
timmah!-
Auckland's completely unaffordable and also a pretty soulless place. It's like Reading but really humid.
Now Dunedin, that's cheap. My friend just bought a 3 bed house for 60K sterling. My other mate is a bike mechanic, his wife's a nursery teacher, and last year they bought a brick-built 4-bed house, double garage, nice garden, for 110K sterling.
I could go out and buy a family home tomorrow, cash. But we're moving back to the UK. Cheap houses and mountains aren't everything in life. -
Even Adelaide is not cheap anymore, if my wife hadn't bought our house in her 20s, we'd be mortgaged to the hilt. Income is like 15 to 20 percent less than Sydney or Melbourne in a comparable ut role, and the same goes for house prices ish.
lae
pascalo
Was in Sydney last week and can confirm this is very much still the case. It is a beautiful place though.
I'd seriously consider moving to Melbourne though once London has run it's course.