Jump to content
House Price Crash Forum
Mike Mustard

I'm Emigrating Due To Hpi

Recommended Posts

We have bought an old farmhouse near the German border with Switzerland for about £78k. Not in best condition but good enough to live in. Commuting distance from 3 decent sized towns. Have been doing language lessons and have enough savings to last about a year. We chucked in our jobs and are hoping it works out. We leave next week.

The equivalent property in the UK would cost about £350k+ and we didn't want to get into big debt. On the continent HPI is about the same as wage inflation from what I can gather.

I recommend considering taking a risk abroad and emmigrating. I am going to leave Britain for a while and free up some space for those who are more keen than me to contribute to this miracle economy.

I expect HPI is incredibly damaging to the economy. When you explain the situation to people on the continent they cannot believe what is going on here. This hyperinflation has got out of control and I cannot see any way it can be sustained. I do expect a severe crash in the UK.

Good luck to those of you who are hoping to buy. I'll log on from time to time to keep a track of what is going on.

Share this post


Link to post
Share on other sites
Guest muttley

Good luck to you, Mike!! I wish I could do the same.

Do you have a job to go to? What about the language barrier?

Edited by muttley

Share this post


Link to post
Share on other sites

I'd be long gone if it wasn't for my partner. I spent a good deal of the last 10 years working abroad (Portugal and Australia) and you can't even pretend to have the kind of standard of living I had on a part time salary over here.

Spend a bit of time abroad and you will realise why this is called 'rip off Britain'. Vote with your feet, the slave ship is sinking

Share this post


Link to post
Share on other sites

I'm looking at doing the same, going for a holiay next month to Malaysia to evaulate the place and see if their are any job opportunities

Share this post


Link to post
Share on other sites

It will be okay here after the crash.

It has started you know, here is an even longer ODPM list for last quarter ending March 2006:

Northumberland £149,225 -8.8%

Cumbria £143,851 -1.6%

Tyne And Wear £132,526 -0.3%

Stockton-On-Tees £128,643 -5.0%

Darlington £125,556 -5.6%

Durham £114,329 -4.3%

Redcar And Cleveland £109,289 -11.2%

Middlesbrough £108,982 4.7%

Hartlepool £98,770 -5.2%

East Riding Of Yorkshire £154,431 -4.5%

West Yorkshire £138,242 -1.1%

South Yorkshire £126,326 -1.4%

North Lincolnshire £122,869 -2.7%

North East Lincolnshire £102,179 -1.9%

Rutland £228,672 -7.7%

Leicestershire £170,145 -3.5%

Northamptonshire £158,537 -3.5%

Lincolnshire £147,659 -1.9%

Derbyshire £147,537 -3.5%

Nottinghamshire £146,871 -2.0%

City Of Derby £137,082 -0.3%

Leicester £134,130 0.3%

City Of Nottingham £119,797 -5.2%

Worcestershire £184,936 -3.3%

Warwickshire £184,860 -3.4%

Shropshire £184,664 -3.1%

Staffordshire £161,232 -0.1%

West Midlands £146,903 0.3%

Wrekin £140,819 1.2%

Stoke-On-Trent £89,910 -5.6%

Cheshire £185,036 -1.6%

Warrington £156,929 -4.5%

Greater Manchester £134,935 -2.1%

Merseyside £132,854 0.3%

Lancashire £128,806 -1.9%

Halton £127,289 -5.3%

Blackpool £119,112 2.8%

Blackburn With Darwen £98,762 -2.1%

Moray 101,031 -6.1%

Clackmannanshire 100,282 -6.8%

North Ayrshire 98,127 -1.9%

North Lanarkshire 96,363 1.7%

East Ayrshire 92,883 -10.3%

Orkney Islands 88,463 -10.3%

West Dunbartonshire 88,299 -7.4%

Shetland Islands 83,663 4.4%

Eilean Siar 75,640 -8.2%

Edinburgh, City Of 176,526 1.1%

East Renfrewshire 168,132 -8.8%

East Dunbartonshire 160,331 -8.6%

East Lothian 152,826 -7.5%

Stirling 144,367 -4.0%

Midlothian 134,238 -0.5%

Scottish Borders 130,622 -7.9%

Aberdeenshire 127,195 -3.4%

Highland 125,711 -3.4%

Glasgow City 124,370 -0.6%

Argyll And Bute 119,923 -5.9%

Isle Of Anglesey £145,033 -12.2%

Newport £144,790 -5.0%

Flintshire £142,754 -4.8%

Denbighshire £140,981 -1.9%

Swansea £139,153 -1.1%

Carmarthenshire £137,252 0.1%

Bridgend £133,572 -1.7%

Torfaen £120,546 -0.4%

Caerphilly £115,784 -1.5%

Neath Port Talbot £102,936 -2.6%

Rhondda Cynon Taff £93,453 -2.7%

Merthyr Tydfil £89,920 -4.8%

Blaenau Gwent £82,491 -7.4

Dorset £226,010 -0.5%

Devon £212,600 -0.3%

Wiltshire £209,024 -3.5%

Cornwall £203,006 -2.5%

Bournemouth £202,293 2.2%

Gloucestershire £201,799 -0.5%

North Somerset £185,780 -4.6%

Somerset £183,850 -1.5%

South Gloucestershire £182,959 -2.5%

City Of Bristol £178,116 0.6% -0.9%

Torbay £174,208 -2.0%

Swindon £155,868 -2.3%

Brighton And Hove £222,241 0.6%

West Sussex £221,415 -2.2%

Essex £212,460 -0.9%

Kent £206,628 -0.4%

East Sussex £198,541 -3.0%

Reading £196,094 -2.0%

Isle Of Wight £181,138 -0.6%

Milton Keynes £175,337 -0.6%

Thurrock £169,523 -0.6% -1.5%

Southampton £161,716 -1.3%

Portsmouth £154,803 0.6%

Medway £154,231 -2.1%

City Of London £313,388 -4.5%

Hammersmith And Fulham £1,401,250 -17.9%

Wandsworth £1,230,830 -11.2%

Lewisham £351,863 -22.3%

Waltham Forest £317,750 -18.7% -28.1% 6

Newham £226,026 -22.2%

Enfield £568,411 -13.7% -18.6%

Chelsea £2,020,714 -18.2%

City Of Westminster £1,819,466 -20.2%

Camden £1,224,703 -6.5%

Islington £519,102 -37.1%

Hackney £420,577 -15.3%

Harrow £538,874 -9.6% -13.9%

Lambeth £527,750 -2.8%

Share this post


Link to post
Share on other sites

I have only been to Malaysia as a tourist, but believe it would be a good place to go and work. Almost everyone speaks English because of the need for the different ethnic groups to be able to speak to each other. The shopping malls in Kuala Lumpur put everything in London to shame. This place has to be seen to be believed, http://www.timessquarekl.com/home.html Times Square

Share this post


Link to post
Share on other sites

Malaysia is not a place to go and work, maybe not a bad place to go and live cheaply if you can get interest or rent money, A Malaysian friend of mine recently went back there, he is an IT professional with 15yrs expreience and cannot get a job. There is a pecking order regarding who gets jobs, preference is based on race, religion and age, if you are a Muslim Malay under the age of 30 with a Malaysian degree you will win hands down, if not, you wont get employed unless you have major contacts in a businness, oh and the wages are pretty poor. Also as a foreigner you get to pay special prices for property, A local can buy a nice house for say 30k gpp whereas an import has to pay a minimum much higher than that (about 10yrs ago that was about 50K gbp) Besides all that not a bad place. My plan was to sell up and put the cash into the safest and highest interest rate account in Australia or NZ (higher than UK and less potential to fall in value) then live for a couple of years or so in SE Asia, this seems like a good idea to me as we have both lost our jobs at the same time and prospects dont look good, however the other half wont consider it cause house prices will double while we are away.

Share this post


Link to post
Share on other sites

Thailand gets some good reviews. But what do you do when you start missing McVities biscuits, Fools & Horses, the village pub, long summer evenings in the garden without mosquitoes...... :unsure:

Share this post


Link to post
Share on other sites

We have bought an old farmhouse near the German border with Switzerland for about £78k. Not in best condition but good enough to live in. Commuting distance from 3 decent sized towns. Have been doing language lessons and have enough savings to last about a year. We chucked in our jobs and are hoping it works out. We leave next week.

Good luck to you Mike, I really do not blame you at all. And you'd speak for thousands who are doing the same.

The 'Miracle Economy' has been little more than a very divisive housing bubble, and I'm glad to see people taking real positive steps, in the face of adversity.

Share this post


Link to post
Share on other sites

It will be okay here after the crash.

It has started you know, here is an even longer ODPM list for last quarter ending March 2006:

Northumberland £149,225 -8.8%

Cumbria £143,851 -1.6%

Tyne And Wear £132,526 -0.3%

Stockton-On-Tees £128,643 -5.0%

Darlington £125,556 -5.6%

Durham £114,329 -4.3%

Redcar And Cleveland £109,289 -11.2%

Middlesbrough £108,982 4.7%

Hartlepool £98,770 -5.2%

East Riding Of Yorkshire £154,431 -4.5%

West Yorkshire £138,242 -1.1%

South Yorkshire £126,326 -1.4%

North Lincolnshire £122,869 -2.7%

North East Lincolnshire £102,179 -1.9%

Rutland £228,672 -7.7%

Leicestershire £170,145 -3.5%

Northamptonshire £158,537 -3.5%

Lincolnshire £147,659 -1.9%

Derbyshire £147,537 -3.5%

Nottinghamshire £146,871 -2.0%

City Of Derby £137,082 -0.3%

Leicester £134,130 0.3%

City Of Nottingham £119,797 -5.2%

Worcestershire £184,936 -3.3%

Warwickshire £184,860 -3.4%

Shropshire £184,664 -3.1%

Staffordshire £161,232 -0.1%

West Midlands £146,903 0.3%

Wrekin £140,819 1.2%

Stoke-On-Trent £89,910 -5.6%

Cheshire £185,036 -1.6%

Warrington £156,929 -4.5%

Greater Manchester £134,935 -2.1%

Merseyside £132,854 0.3%

Lancashire £128,806 -1.9%

Halton £127,289 -5.3%

Blackpool £119,112 2.8%

Blackburn With Darwen £98,762 -2.1%

Moray 101,031 -6.1%

Clackmannanshire 100,282 -6.8%

North Ayrshire 98,127 -1.9%

North Lanarkshire 96,363 1.7%

East Ayrshire 92,883 -10.3%

Orkney Islands 88,463 -10.3%

West Dunbartonshire 88,299 -7.4%

Shetland Islands 83,663 4.4%

Eilean Siar 75,640 -8.2%

Edinburgh, City Of 176,526 1.1%

East Renfrewshire 168,132 -8.8%

East Dunbartonshire 160,331 -8.6%

East Lothian 152,826 -7.5%

Stirling 144,367 -4.0%

Midlothian 134,238 -0.5%

Scottish Borders 130,622 -7.9%

Aberdeenshire 127,195 -3.4%

Highland 125,711 -3.4%

Glasgow City 124,370 -0.6%

Argyll And Bute 119,923 -5.9%

Isle Of Anglesey £145,033 -12.2%

Newport £144,790 -5.0%

Flintshire £142,754 -4.8%

Denbighshire £140,981 -1.9%

Swansea £139,153 -1.1%

Carmarthenshire £137,252 0.1%

Bridgend £133,572 -1.7%

Torfaen £120,546 -0.4%

Caerphilly £115,784 -1.5%

Neath Port Talbot £102,936 -2.6%

Rhondda Cynon Taff £93,453 -2.7%

Merthyr Tydfil £89,920 -4.8%

Blaenau Gwent £82,491 -7.4

Dorset £226,010 -0.5%

Devon £212,600 -0.3%

Wiltshire £209,024 -3.5%

Cornwall £203,006 -2.5%

Bournemouth £202,293 2.2%

Gloucestershire £201,799 -0.5%

North Somerset £185,780 -4.6%

Somerset £183,850 -1.5%

South Gloucestershire £182,959 -2.5%

City Of Bristol £178,116 0.6% -0.9%

Torbay £174,208 -2.0%

Swindon £155,868 -2.3%

Brighton And Hove £222,241 0.6%

West Sussex £221,415 -2.2%

Essex £212,460 -0.9%

Kent £206,628 -0.4%

East Sussex £198,541 -3.0%

Reading £196,094 -2.0%

Isle Of Wight £181,138 -0.6%

Milton Keynes £175,337 -0.6%

Thurrock £169,523 -0.6% -1.5%

Southampton £161,716 -1.3%

Portsmouth £154,803 0.6%

Medway £154,231 -2.1%

City Of London £313,388 -4.5%

Hammersmith And Fulham £1,401,250 -17.9%

Wandsworth £1,230,830 -11.2%

Lewisham £351,863 -22.3%

Waltham Forest £317,750 -18.7% -28.1% 6

Newham £226,026 -22.2%

Enfield £568,411 -13.7% -18.6%

Chelsea £2,020,714 -18.2%

City Of Westminster £1,819,466 -20.2%

Camden £1,224,703 -6.5%

Islington £519,102 -37.1%

Hackney £420,577 -15.3%

Harrow £538,874 -9.6% -13.9%

Lambeth £527,750 -2.8%

I am no bull but these figures are out of date now.

We know that places especially in the South have been going up since March 2006.

The next proper drops will not be seen until the latter half of this year!

Share this post


Link to post
Share on other sites

Good luck to you, indeed.

I am planning to retire abroad (Cyprus) one day and have decided to buy some land to build on while I have the cash from my STR fund. I'll still have enough left to put a healthy deposit on somewhere over here when we hit the trough ;) .

Timing is perfect - I am getting married in 3 months (in Cyprus) and will stay there for a month or so to sort it all out. When we get back from our epic 3 month honeymoon we'll rent a new place and hopefully watch the crash unfold...

Share this post


Link to post
Share on other sites

Good luck to the Mustards.

Let us know how you get on.

There is nothing wrong with moving to another country if you think you can make a better life for yourself there.

Edited by Immigrant

Share this post


Link to post
Share on other sites
Guest Bart of Darkness
When we get back from our epic 3 month honeymoon

Now that's what I call a honeymoon.

I'm not sure who needs wishing luck the most, you or Mike. In a sitruation like this, I wish you both luck equally in your new ventures.

Share this post


Link to post
Share on other sites

We have bought an old farmhouse near the German border with Switzerland for about £78k. Not in best condition but good enough to live in. Commuting distance from 3 decent sized towns. Have been doing language lessons and have enough savings to last about a year. We chucked in our jobs and are hoping it works out. We leave next week.

The equivalent property in the UK would cost about £350k+ and we didn't want to get into big debt. On the continent HPI is about the same as wage inflation from what I can gather.

I recommend considering taking a risk abroad and emmigrating. I am going to leave Britain for a while and free up some space for those who are more keen than me to contribute to this miracle economy.

I expect HPI is incredibly damaging to the economy. When you explain the situation to people on the continent they cannot believe what is going on here. This hyperinflation has got out of control and I cannot see any way it can be sustained. I do expect a severe crash in the UK.

Good luck to those of you who are hoping to buy. I'll log on from time to time to keep a track of what is going on.

Is it near Freiburg am Breisgau? I was thinking of moving there myself. Really nice environment. What line of work were you in/are you moving to? Good luck.

Share this post


Link to post
Share on other sites

We have bought an old farmhouse near the German border with Switzerland for about £78k. Not in best condition but good enough to live in. Commuting distance from 3 decent sized towns. Have been doing language lessons and have enough savings to last about a year. We chucked in our jobs and are hoping it works out. We leave next week.

The equivalent property in the UK would cost about £350k+ and we didn't want to get into big debt. On the continent HPI is about the same as wage inflation from what I can gather.

I recommend considering taking a risk abroad and emmigrating. I am going to leave Britain for a while and free up some space for those who are more keen than me to contribute to this miracle economy.

I expect HPI is incredibly damaging to the economy. When you explain the situation to people on the continent they cannot believe what is going on here. This hyperinflation has got out of control and I cannot see any way it can be sustained. I do expect a severe crash in the UK.

Good luck to those of you who are hoping to buy. I'll log on from time to time to keep a track of what is going on.

Is it near Freiburg am Breisgau? I was thinking of moving there myself. Really nice environment. What line of work were you in/are you moving to? Good luck.

We have bought an old farmhouse near the German border with Switzerland for about £78k. Not in best condition but good enough to live in. Commuting distance from 3 decent sized towns. Have been doing language lessons and have enough savings to last about a year. We chucked in our jobs and are hoping it works out. We leave next week.

The equivalent property in the UK would cost about £350k+ and we didn't want to get into big debt. On the continent HPI is about the same as wage inflation from what I can gather.

I recommend considering taking a risk abroad and emmigrating. I am going to leave Britain for a while and free up some space for those who are more keen than me to contribute to this miracle economy.

I expect HPI is incredibly damaging to the economy. When you explain the situation to people on the continent they cannot believe what is going on here. This hyperinflation has got out of control and I cannot see any way it can be sustained. I do expect a severe crash in the UK.

Good luck to those of you who are hoping to buy. I'll log on from time to time to keep a track of what is going on.

Sounds like you are moving to my area! You won't regret it!!

Share this post


Link to post
Share on other sites

I sometimes imagine a couple of million well educated or skilled Brits dumping Britain and setting up in a Country that appreciates and respects us, let the Chavs, low life and ponces try and feed themselves.

Share this post


Link to post
Share on other sites

'The other man's grass is always greener'

I will give you a max of 3 years and you will be back with a different mind set. By then you will really appreciate the country you have left!

You will feel like an alien and this feeling will not leave you. Eventually you will long to be back amongst your own.

Been there done that, got the tea shirt!

Share this post


Link to post
Share on other sites

Bye then!

Please leave the UK for those that care about it and shut the door on the way out.

Quitter!!!!

Better to quit when you can then quit when you have to!

Good luck Mike.

Share this post


Link to post
Share on other sites

Best of luck to you....... however....

I can speak from first hand experience, I have been living in the UK as an 'adopted country' for nearly seven years now, I still don't feel like this is home. Don't get me wrong, I love living here, I could move anywhere in the world at the drop of a hat if I wanted too but I coose to stay here, be careful of knocking the UK, this is a first rate country with a fantastic standard of living IF you are willing to put the effort in, of course it has it's problems but the grass isn't always greener on the other side!

Then again maybe I am just blinkered and fortunate to be doing okay in the UK.......

Oh yes... if you are very family orientated you are going to miss them TERRIBLY

I hope all works out

Share this post


Link to post
Share on other sites

Good luck on the move

I've also moved to europe and Germany does look a good bet just now when it comes to house prices and now is a good to buy at the bottom. Germanys don't like debt and are hard workers, just the unions that have too much power just now

Do make sure you have lots of options when it comes to gettting work.

think i'll take a look at Bulgeria later this year but i have no plans to work their.

Share this post


Link to post
Share on other sites

Good luck, I hope you have a fabulous time.

I've been in mainland europe now for nearly 7 years and for the most part I love it. I own a beautiful house which I wouldn't have a hope in hell of owning in the UK and I've built a life here with my horses and all my little luxuries which would be so out of reach back "home". No, I don't feel "at home" here completely, but then I never really felt at home in the UK either and I've always had wandering feet. I'm in no particular rush to get back to the UK and work my b*llocks off for some sh*tty one-bed flat in the south-east (if I'm lucky! :rolleyes: ).

I don't know how long I'll stay here or what I'll do next, but I do know that those who succeed at being expats are those who build their lives around what they build overseas and are NOT the ones who fly home once a fortnight bringing carrier bags of Tesco food with them the whole time and putting their lives on hold until they're "back home".

Share this post


Link to post
Share on other sites

I lived and worked in australia for a year, and it was great, but i certainly wouldnt emegrate forever! :)

Edited by zag2me

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.