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Old 04-17-2011, 05:45 AM
 
5 posts, read 4,952 times
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Default Considering move back to Australia with family from the U.S.

I've been living in America with my wife for the last 5 years. We had no real plans to come back to Australia but we just had a baby 9 months ago and it just seems like the economy is doing so much better in Australia and things in the states are pretty depressing on many levels. We lived the whole time in Santa Cruz, California (kind of a weird place) and would like to give another U.S. city a chance but coming home seems like an attractive proposition.

Any one been in the same position and how did it work out?
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Old 04-17-2011, 06:35 AM
 
Location: Melbourne
61 posts, read 66,605 times
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All I can say is that we did just that, except we moved back pre-baby. We were living in Seattle but we came back to Melbourne a couple months ago. The economy, aggressive politics, crime and crushed civil liberties (ie US Airport Security, FICO Credit Scores, Health Insurance) all got a bit much. In those respects, the grass is greener over here.

It's not all beer and skittles though; we do miss the beautiful landscape, the generosity and friendliness, the sports, the holidays and the 'can-do' attitude. But in the end our head won the argument over our hearts. We'll pacify ourselves with annual trips to the US which we can afford both financially and in time off.

But if I was to stay in the US; I like Seattle, Portland, LA, Boulder CO and I love Chicago (but the winters are too hard to live through!)

It is good to be back though.
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Old 04-18-2011, 07:07 PM
 
Location: Sunshine Coast, BC
10,801 posts, read 4,877,817 times
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Trying another state would be cheaper, easier and less risky.

Our economy is doing very well, for now, but it's very expensive here, so keep that in mind. Housing, food, cars, petrol, clothes, interest rates, and everything else. Private health insurance is about $3,000/yr for a family and doctor's visits still cost you at least $30 out of pocket.

We moved here from Canada but are heading back. It's been great but it's too isolated for us and too expensive to think about retiring here. By leaving my husband can retire early, and live the sort of retirement more to our liking. We have no option of trying another state, as it's all expensive and isolated.
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Old 04-21-2011, 08:51 PM
 
1,600 posts, read 1,608,137 times
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Quote:
Originally Posted by Vichel View Post
Trying another state would be cheaper, easier and less risky.

Our economy is doing very well, for now, but it's very expensive here, so keep that in mind. Housing, food, cars, petrol, clothes, interest rates, and everything else. Private health insurance is about $3,000/yr for a family and doctor's visits still cost you at least $30 out of pocket.

We moved here from Canada but are heading back. It's been great but it's too isolated for us and too expensive to think about retiring here. By leaving my husband can retire early, and live the sort of retirement more to our liking. We have no option of trying another state, as it's all expensive and isolated.
We have considered a move to Melbourne but am finding myself looking more and more at For Sale sites in London,a city very much in vouge in Europe and with the strong dollar find it very tempting indeed.

Who would have ever thought that there would come a time when London for many things could be seen as cheaper than Australia?
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Old 04-21-2011, 09:05 PM
 
Location: Sunshine Coast, BC
10,801 posts, read 4,877,817 times
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Quote:
Originally Posted by the troubadour View Post
We have considered a move to Melbourne but am finding myself looking more and more at For Sale sites in London,a city very much in vouge in Europe and with the strong dollar find it very tempting indeed.

Who would have ever thought that there would come a time when London for many things could be seen as cheaper than Australia?
I know, who would have thought! Good friends of ours, Poms, are heading back mid-year. After their recent visit back, and crunching the numbers, they know they'll be better off back there now. Plus, they miss their little trips over to Spain, France, Italy, etc. or out to the villages and towns nearby. Just a whole different life there. And Perth, or Oz, is heaven for many, just not for all.

Good luck with your own plans to move. Your heart seems to be there already!
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Old 04-21-2011, 11:55 PM
 
9,703 posts, read 12,018,823 times
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It's funny that Australia could possibly be the most expensive larger country to live in, in the world now. The housing market is insane.

If I go back down under this year it will be brief. I have a big plan to drive across Australia but with the dollar at 1.07 it aint happenin anytime soon. If it was at .65 that would be fine, but it's too much right now.
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Old 04-22-2011, 12:14 AM
 
Location: Sunshine Coast, BC
10,801 posts, read 4,877,817 times
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Quote:
Originally Posted by wanneroo View Post
It's funny that Australia could possibly be the most expensive larger country to live in, in the world now. The housing market is insane.

If I go back down under this year it will be brief. I have a big plan to drive across Australia but with the dollar at 1.07 it aint happenin anytime soon. If it was at .65 that would be fine, but it's too much right now.
Tough luck there, wanneroo! You've often stated your wish for the AUD to go low so you can visit but who'd a thought it'd go so high! I don't understand the whole currency world ... is it that the USD is weak? or the AUD strong? or both? or something totally different? It seems if you knew the process well you could make a whack of money on exchanging currency.

Trimac must be jumping for joy though.

If the carbon tax gets through the COL here will get worse. Unless you're low income, then you'll be better off, apparently. Maybe.
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Old 04-22-2011, 01:58 AM
 
1,600 posts, read 1,608,137 times
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Quote:
Originally Posted by Vichel View Post
I know, who would have thought! Good friends of ours, Poms, are heading back mid-year. After their recent visit back, and crunching the numbers, they know they'll be better off back there now. Plus, they miss their little trips over to Spain, France, Italy, etc. or out to the villages and towns nearby. Just a whole different life there. And Perth, or Oz, is heaven for many, just not for all.

Good luck with your own plans to move. Your heart seems to be there already!
With the dollar being what it is am at this stage only considering to purchase in London as in the longer term feel the prestige and influence of that city will only grow.
Do not expect the Aussie dollar to remain at such levels for long and indeed to return to more historical levels where it will likely remain.
Once interest rates rise in the UK it could be expected more outside money will enter that country.
On top of that Commodity Currencies,namely the Canadian and Australian dollars will decline...by then may well be too late to be able to get something decent there.

Have heard of a fair number of Brits returning from Canada as well,with comments almost identical to the Aussie based Poms.
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Old 04-22-2011, 02:51 AM
 
Location: Australia
7,650 posts, read 1,445,883 times
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Quote:
Originally Posted by Vichel View Post
I don't understand the whole currency world ... is it that the USD is weak? or the AUD strong? or both? or something totally different? It seems if you knew the process well you could make a whack of money on exchanging currency.

Trimac must be jumping for joy though.

If the carbon tax gets through the COL here will get worse. Unless you're low income, then you'll be better off, apparently. Maybe.
As far as I understand it, the main reason for the increase in the value of the Australian dollar against the US dollar is the weakness of the US economy, combined with a strong Australian economy. Plus the US and Australia have different economic policies. In the USA, the focus has been on keeping interest rates low. In Australia, keeping inflation from going bananas is the key priority so interest rates have increased quite often in the last ten years or so. Also our good balance of trade figures (largely courtesy of the mining boom) keep the Aussie dollar high.
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Old 04-22-2011, 08:24 AM
 
409 posts, read 530,525 times
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Quote:
Originally Posted by the troubadour View Post
We have considered a move to Melbourne but am finding myself looking more and more at For Sale sites in London,a city very much in vouge in Europe and with the strong dollar find it very tempting indeed.

Who would have ever thought that there would come a time when London for many things could be seen as cheaper than Australia?
Even London, the most expensive city in UK, has lower COL than the cheapest places in Australia?!?!
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