renth

It's a pain, yes. You know, you try to do the best for them. They'll be OK in the end, I'm sure but the school merrygoround has to end soon.

scrawni

Renth,

Know a bit how you feel, we felt exactly the same way. Now we are back in the uk, I am so glad we had the house to come home to. It's a bit like putting your food into an old slipper, it fits perfectly!

Saying that, it may not suit some people, others need to return and start completely from scratch. For us, it took the sting out of the move back.

Unfortuately paying the mortgage in the uk and having to live in oz was crippling towards the end. It partly made the decision to move back for us.

You seem to have thought about your families feelings and whatever you decide for the future, all the best

Mandy

walaj

I prefer to put the food in my mouth and slippers on feet

jugsy

Renth,
Any chance you would sell that hoiuse to me? I love it. I could afford to pay you about £160,000

bridiej

Sorry to hear that Renth.

I know what you mean about houses, although ours is nowhere near as grand as yours when we bought it we honestly thought the only way we'd be moving would be in wooden boxes after a long happy life!

I will be sad to leave the house, but cant help thinking that if we held onto it not only would I be worrying about what the tenants were up to but it's just too easy to think "right, dont like it here, let's go back".

I know it's not the same for everyone, and if this makes you happy then stick to your guns, but on a personal level I would prefer to cut all ties to encourage me to make a real go of it in Oz.

Good luck, will send you some K.

renth

Thanks for that. I'd hate to have to move back to the UK, the only consolation would be the house and the village life we left. Since we decided to keep it (for the time being) I feel an enormous weight off my shoulders.

Crazy isn't it? with everyone desperate to sell and going nuts when they do, heres me turning down buyers and feeling relief.

I feel we have and are making a success of Australia, been here over 2 years now but don't necessarily feel success should be measured in owning a house. It would be nice to but that would be a case of "having the cake and eating it!"

bridiej

I agree, there's more to life than that. All things happen for a reason, one day all will become clear and you will know exactly what you have to do.

sue&bob

We have also been here nearly 2 years,and i know how you are feeling,though dont have the school problem as mine are alot older 20 and 17,but my 20yr old as decided to go back to the UK . You have a great house back in the UK,just curious where it is, we are from Berkshire.Im sure it will all work out in the end.
sue

Don

Your decision has to be respected.

However, my dispassionate view would be to sell, because IMHO the UK housing mkt has already started to fall and will continue to do so for a couple of years. I predict about twenty-five percent drop in notional prices, more in real terms.

Yes, the GBP will probably strengthen vs the AUD, so stick the dosh in a sterling a/c. Or split the difference and hedge your bets.

Being emotionally attached to a house is irrational vs the real chance of losing a quarter of your wealth tied up in the equity.

bridiej

Thing is, no one knows for sure, for every person that thinks prices are dropping there's another that say it's levelling off and another that says they're increasing, as per here:

http://forums.moneysavingexpert.com/...1&page=1&pp=10

You're right though that sometimes you have to take your emotions out of the equation.

Don

It usually pays to nearly completely discount/ ignore the views of those with a vested interest in the housing mkt continuing to rise. Don't ignore their data - though take it with a pinch of salt esp the seasonal adjustments which they use to their advantage.

I prefer to look at the views of independent economists and the word on the street from people selling, buying or reasonably honest estate agents.

bridiej

Is there any such thing? LOL!

Badge

likewise, if I had a house like that I would never need to move over here.

badge

Dexter

Hi Renth

Can you tell me what the problem with the school in Ocean Reef is as we may be heading that way when arrive at the end of the month. Our eldest would be going to Ocean Reef Senior High.

Any info would be great

Thanks

Craig

Amazulu

Looks like a nice place. Where is it?.