Australian Property Market

How many per household?

I’d bet a fair chunk of those 130k aren’t on the big bucks either. Knowing several people in the industry only a small percentage do well out of it and many find it too tough and bail out

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If we invade we’ll sell your land / property fast.

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As it turns out, 130,000 of them.

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Funnily enough I’ve received several calls from Defence housing seeking properties in the area. They need about 400 rentals in the next 2 years and are canvassing around our area pretty hard

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Can you spare the 400 from your portfolio? :slightly_smiling_face:

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Down to my last 6 unfortunately but I’ve visited some agents whilst I’m over here in Europe and looking to invest somewhere nice if possible as I need to escape these Australian summers when I retire :rofl:

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So each coordinates <10 household moves per year? Doesn’t sound too lucrative to me.

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That would be one of the most significant psy-ops ever created and probably goes against a bunch of really good conventions.

We Returned to the $2M Disaster: The Unveiled Nightmares of West Melbourne Homes

Southern Europe isn’t the go then.

Even the Poms who summer in the south of France would be finding it too hot. I’m only going in the next fortnight to avoid the late summer heat. September 2016, the weather in Andalusia and Valencia was oppressive.

We are going to Malta next week to avoid the high temperatures of summer. I think this time of the year will suit us going forward.

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I’m most likely going to help finance a rellies home in the UK or possibly buy them out but ideally depending on property laws I’d love a place in Scandinavia or Eastern Europe. Still hopefully got a few years to sort it out

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I have a good friend who has two houses to sell in Sevastopol. It was a very lovely City once, and I am sure I can get you a good price.

It’s a risk. If the war ends with a Ukrainian “victory” and they regain Crimea they have slated there will be a wholesale land/property redistribution on the cards. How this would affect foreign non-russian property owners is unclear. When the war ends (whatever the result) it is most likely Crimea will go through a boom.

Crimean real estate no longer of interest to buyers (yahoo.com)

My friend is Ukrainian and she went to Sevastopol before Christmas as her Mother was ill and died while she was there. Two houses to sell, full of family treasures, but no buyers and the potential for it all to be destroyed l

She had to get there through Moscow by train and home the same way, over that bridge !

Got arrested on landing in Moscow as her travel papers included her Australian passport, but was released when her story about her Mother was proved true. Had to leave Russia on her Russian passport to Dubai and then travel on the Aussie one home. So she loses her Mum, dangerous travel and probably will lose all the family assets.

She is still a supporter of Putin !

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Unbelievable.

Still selling houses/reno’s in Sicily for a buck I think, just make sure the tradies aren’t connected, if ya know what I mean.:stuck_out_tongue_winking_eye:

Not really as most of those in Crimea speak Russian and not Ukrainian.

This lady moved to Australia to marry one of my best Mates and was shunned by the local Ukrainian community due to her not speaking Ukrainian language well. I went to Ukraine a few times on business and they are not a lovable people. No excuse for Putins invasion but that hate goes back a long way, been wars over Crimea for a long time.

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I met a Jewish Ukrainian woman a few years ago, and she preferred the Russians because she claimed the Ukrainians were happy to dob in Jews to the Nazis.

But that Ukrainian hatred would have stemmed from Stalin’s starvation of 5-20 million Ukrainians in the mid 30s.