Random Rants
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@Steffen the problem with Australia is that house prices have been decoupled from incomes for a long time. The Economist has been calling it a bubble since 2004. It's been driven by a mixture of low interest rates, generous tax breaks to investors, overseas money and immigration, and general momentum.
That said, prices are starting to drop. Sydney's average house is now around $1.1 million, down from $1.2 million last year. But there's a widespread belief that the government will step in if falls become too big.
With prices so high, real estate agents have been upping the ante with presenting properties. Hence the arty shots of derelict houses.
I agree that spending one fortune on a place, and then another on rebuilding it doesn't make sense. But pretty much any older house in prime Sydney or Melbourne will have comments along the lines of "renovate and extend, or replace with your new dream home". In fact, heritage listed properties sell at a discount because they can't be demolished.
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@Steffen the problem with Australia is that house prices have been decoupled from incomes for a long time. The Economist has been calling it a bubble since 2004. It's been driven by a mixture of low interest rates, generous tax breaks to investors, overseas money and immigration, and general momentum.
That said, prices are starting to drop. Sydney's average house is now around $1.1 million, down from $1.2 million last year. But there's a widespread belief that the government will step in if falls become too big.
With prices so high, real estate agents have been upping the ante with presenting properties. Hence the arty shots of derelict houses.
I agree that spending one fortune on a place, and then another on rebuilding it doesn't make sense. But pretty much any older house in prime Sydney or Melbourne will have comments along the lines of "renovate and extend, or replace with your new dream home". In fact, heritage listed properties sell at a discount because they can't be demolished.
Jeez. For that kinda money you could buy 3 houses here.
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Jeez. For that kinda money you could buy 3 houses here.
Or the whole of Gosport…..
With the exception of those MOD owned beauties behind IHUK [emoji31]
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Here in the finest German Backcountry a normal House costs 140.000-200.000€ so you could, similar to Gosport, buy the whole Village I am in now
What does MOD mean ?
@Graeme Frankfurt is almost as expensive as Sidney but the Obects are generally in a way better Shape, I dont know a West German City that has that much worn out Buildings in a Prime Area of the Town.
1.2 Mio Australian Beer Tokens (Around 750k Euro) get you something like this in the City: https://www.engelvoelkers.com/de-de/exposes/familienfreundliches-wohnen-3602604.1267007_exp/
4-8 Mio. AUD would be a baillin Budget at the Moment, but lets wait and see what Brexit brings us: https://www.engelvoelkers.com/de-de/exposes/perfekte-familienwohnung-in-exklusiver-lage-3852534.1249509_exp/
Luckily most City here expect Berlin, Munich and Hamburg are quite small so that you could easily live in a small Town where Houses are way Cheaper and only have to drive 30-40 Minutes to work.
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Or the whole of Gosport…..
Unless the houses are built with handmade bricks. I've heard rumors that they're a bit spendy.
And all this discussion of million dollar houses makes me realize (again) how relatively cheap San Antonio is.
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Ministry of Defence (MoD)
The land is owned by the Mod (in this case the Navy) because an oil pipeline crosses the land. It carries fuel from a fuel depot about 1/2 a mile away to a naval jetty, where small tankers transport the fuel to the Portsmouth based navy. It is, therefore, a terrorist (or war) risk. Break the pipeline and we can't get fuel to our navy…...
We feel really safe here because a 100 meters away from the office, we have a man with a machine gun on guard 24x365.....
Portsmouth has a historic policy of putting all the stuff that smelt or went bang in Gosport....
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Thank you for clarifying.
The free Security Guard Sounds quite Nice, the Pipline thing not so much, but i guess this is something no one notices anymore today.
I read a lot of people here fly in Via London and take the Train and then the Ferry to Gosport, wouldnt it be faster to go via Southhampton Airport and then take a Rental, or is there stepping Stone I overlooked ?
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Nope, if you can fly into Southampton, that's really convenient. Trouble is, if your plane home gets cancelled, there are not a lot of alternatives. Happened to me once flying back from Amsterdam. I had to overnight in a (shithole of an) hotel, if I had been flying into Heathrow or Gatwick, there would most likely been plenty of alternative flights home….
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Gatwick>train>ferry is quite convenient, too. Only brief walks at each transition, and IHUK is also only a brief walk from the ferry pier. Though if you get tired, there are a few pubs along the way to renew your energy.
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Bear in mind that you have to get a train from Southampton Airport into Southampton, then change and catch the really slow train down to Portsmouth Harbour. The online timetable reckons most will take about 1:20, with the odd faster option around 55 minutes.
Getting from Gatwick to Portsmouth takes about 1:40, so not much slower.
@Steffen, I do miss the convenient public transport systems in Europe. Outside of Melbourne, I don't think the Australians get it, though it's not as bad as LA.
I was surprised by the price of the apartment in Frankfurt, but I understand the city's got a nasty infestation of bankers, so it's understandable!
