Hi,
im just wanting to hear about australian expats abroad and what their motivation to leave was?
For me the obsession with housing market and home ownership is just insane.
I know other countries are like this and particular capital cities but it just seems so engrained in the culture here. What do other people think?
The live and work to get a mortgage mentality.
Moved to the US. Original plan was do it a few years and then move back. The housing market and cost of living in Australia keeps getting worse each year, and life in American financially has been significantly easier.
Now am at the point where we could move back as culturally for the kids there are some benefits, but the 60-70% salary cut each + housing being triple the cost has us staying in the US. The difference is simply too large.