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When Should I Come Back

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After the fiasco of rising house prices i decided to leave the country as i no longer wanted

to be part of the nations greed with rising house prices and ridiculous rents.

Currently renting a 2 bedroom flat in Dresden for 400Euros = 280pounds pcm.

However it seems very possible that this bubble will burst soon. I am just wondering when

i should come back to the UK and buy a house for a tenner.

I want to be there when all the greedy

people who have fuelled this fiasco are kicked on the streets.

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Germany is coming out a recession apparently just when the UK is going into one so look at it like buying in spain. OK if you don’t need to work but if you do then it’s not going to be a good place to be.

I think you may do better staying in Germany and picking a cheap place up as the UK sucks

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Guest mattsta1964

After the fiasco of rising house prices i decided to leave the country as i no longer wanted

to be part of the nations greed with rising house prices and ridiculous rents.

Currently renting a 2 bedroom flat in Dresden for 400Euros = 280pounds pcm.

However it seems very possible that this bubble will burst soon. I am just wondering when

i should come back to the UK and buy a house for a tenner.

I want to be there when all the greedy

people who have fuelled this fiasco are kicked on the streets.

£280 pm! LOL

Just shows how insane life is in the UK doesn't it!

What do you get for £280pcm in Germany? I mean, I presume it's reasonably comfortable and not full of cockroaches!

I think I will be joining you! The Germans have never fallen into the 'property madness' trap.

My advise is.......seriously.....why bother coming back. Life is so shite in the UK, I can't imagine there is any justification for coming back. We have extortionate taxation, a government so totalitarian in its desire to micromanage our lives that we are in danger of losing all our freedoms. A large and growing percentage of our young people are borderline illiterate and cannot contribute to the economy. I could go on............but why bother. The UK is finished. Once the huge credit splurge we've been experiencing unravels, the whole house of cards falls down.

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I would stay in Germany.

Despite the higher taxes the quality of living is much higher and again, you don't have a government that insists on telling you how to live every aspect of your life.

A friend of mine, Iris, lives here as she married a Brit and she is really surprised at how badly the uk is kept, e.g. litter, condition of the roads, infrastrucure, trains. It seems a world apart from where she grew up back in Germany.

280 pcm... Jeez.. that's nowt!

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£280 pm! LOL

Just shows how insane life is in the UK doesn't it!

What do you get for £280pcm in Germany? I mean, I presume it's reasonably comfortable and not full of cockroaches!

I think I will be joining you! The Germans have never fallen into the 'property madness' trap.

My advise is.......seriously.....why bother coming back. Life is so shite in the UK, I can't imagine there is any justification for coming back. We have extortionate taxation, a government so totalitarian in its desire to micromanage our lives that we are in danger of losing all our freedoms. A large and growing percentage of our young people are borderline illiterate and cannot contribute to the economy. I could go on............but why bother. The UK is finished. Once the huge credit splurge we've been experiencing unravels, the whole house of cards falls down.

nicely put. That's why the only property I now own is outside the UK (apart from a 2 bed penthouse I keep in Covent Garden for the shows).

Property almost anywhere in the world is better value than the UK (to own - you wouldn't want to be a landlord in France, for example)

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Guest mattsta1964

nicely put. That's why the only property I now own is outside the UK (apart from a 2 bed penthouse I keep in Covent Garden for the shows).

Property almost anywhere in the world is better value than the UK (to own - you wouldn't want to be a landlord in France, for example)

My decision is made up. I've been mmmming and arrring for too long. I might even be too late but I'm putting my place on the market next weekend. I reckon I will have to take a knock on the price. It's probably lost 10-15K in value the last 6 months but I'm gonna get out while I'm ahead. I've been finding every excuse not to do it but I confess I am absolutely terrified to be a homeowner at the moment.

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Guest mattsta1964

The time to leave Germany and return to the UK is when England win the world cup.

Which is highly unlikely ever to happen again! :D (Judging by our last performance anyway)

Actually, when the England team were 'bigging' themselves up saying they were gonna go all the way, it drew a strange parallel with the UK property market! A whole hill of hot air!

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My decision is made up. I've been mmmming and arrring for too long. I might even be too late but I'm putting my place on the market next weekend. I reckon I will have to take a knock on the price. It's probably lost 10-15K in value the last 6 months but I'm gonna get out while I'm ahead. I've been finding every excuse not to do it but I confess I am absolutely terrified to be a homeowner at the moment.

I wonder how any other homeowners will echo your sentiments once the penny drops...or the increase in mortgage payment lands on the doormat?

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After the fiasco of rising house prices i decided to leave the country as i no longer wanted

to be part of the nations greed with rising house prices and ridiculous rents.

Currently renting a 2 bedroom flat in Dresden for 400Euros = 280pounds pcm.

However it seems very possible that this bubble will burst soon. I am just wondering when

i should come back to the UK and buy a house for a tenner.

I want to be there when all the greedy

people who have fuelled this fiasco are kicked on the streets.

IMO it will be another couple of years before the UK fully unwinds.

As others have said stay where you are for a bit longer.

Beer is better there too.

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After the fiasco of rising house prices i decided to leave the country as i no longer wanted

to be part of the nations greed with rising house prices and ridiculous rents.

Currently renting a 2 bedroom flat in Dresden for 400Euros = 280pounds pcm.

However it seems very possible that this bubble will burst soon. I am just wondering when

i should come back to the UK and buy a house for a tenner.

I want to be there when all the greedy

people who have fuelled this fiasco are kicked on the streets.

I am in a similar position to you - currently renting a whole semi-detached house outside Bremen for 600 euros.

As I work over the internet I can live and work almost anywhere. I have had several attempts to come back to the UK but each time price and living costs put me off.

I have now decided to buy here in Germany as the prices are sane and I can have enough living space to have a proper home office (and not a landing or converted 2-foot square bedroom UK-style).

I don´t know if I will stay in Germany for ever, but if I do move it would probably be to Scandinavia or Canada (assuming they would give me a visa). Australia and New Zealand have completely the work time zones for my work (Canada would just about be possible).

There is no more upward social mobility in the UK.

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Britain is a bankrupt nation that is starting to feel the after-effects of a long boom in credit and unsustainable government spending. If you are a contrarian investor you should wait a minimum of 5 years for rock bottom, then use your own judgement on when/if to re-enter the market. Germany is my own HPC fall out shelter of choice. :ph34r: Whether the UK gets a real or nominal HPC will depend on how much inflation the BOE can generate in the next few years.

Germany is coming out of a domestic recession, exports are strong (but sensitive to world demand) and relatively low consumer and government debts will ensure that (as a nation) it will come out early from an ‘impending’ world wide credit crunch induced recession.

However, if you are an expatriate missing pork pie and fish ’n’ chips…

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Guest mattsta1964

I wonder how any other homeowners will echo your sentiments once the penny drops...or the increase in mortgage payment lands on the doormat?

Yes. But the thing is, is to sell before that happens! Because, if I wait until next year to make a decision I might find myself unable to sell at all. It might even be too late now.

Britain is a bankrupt nation that is starting to feel the after-effects of a long boom in credit and unsustainable government spending. If you are a contrarian investor you should wait a minimum of 5 years for rock bottom, then use your own judgement on when/if to re-enter the market. Germany is my own HPC fall out shelter of choice. :ph34r: Whether the UK gets a real or nominal HPC will depend on how much inflation the BOE can generate in the next few years.

Germany is coming out of a domestic recession, exports are strong (but sensitive to world demand) and relatively low consumer and government debts will ensure that (as a nation) it will come out early from an ‘impending’ world wide credit crunch induced recession.

However, if you are an expatriate missing pork pie and fish ’n’ chips…

Yes. I think Germany is the shelter of choice for someone who wishes to stay in Europe

The trouble is, despite being a degree qualified engineer with some quite specialised skills, I can't speak a bloody word of German!

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After the fiasco of rising house prices i decided to leave the country as i no longer wanted

to be part of the nations greed with rising house prices and ridiculous rents.

Currently renting a 2 bedroom flat in Dresden for 400Euros = 280pounds pcm.

However it seems very possible that this bubble will burst soon. I am just wondering when

i should come back to the UK and buy a house for a tenner.

I want to be there when all the greedy

people who have fuelled this fiasco are kicked on the streets.

That's interesting. I am also renting in Germany (in a cery nice town in the Rheinland/Pfaltz)... €570 for a newly renovated 75 square metre flat to include ALL bills; local taxes, heat, elec., phone & and DSL phone calls throughout Europe & wireless internet. (Just have to pay for calls outside of Europe.) That's £400ish . With council tax, water and fuel bills, a comparale flat in a nice area of the UK would be well over double.

Thus iI's not just prices but also rents that have gone crazy in the UK.

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Britain is a bankrupt nation that is starting to feel the after-effects of a long boom in credit and unsustainable government spending. If you are a contrarian investor you should wait a minimum of 5 years for rock bottom, then use your own judgement on when/if to re-enter the market. Germany is my own HPC fall out shelter of choice. :ph34r: Whether the UK gets a real or nominal HPC will depend on how much inflation the BOE can generate in the next few years.

Germany is coming out of a domestic recession, exports are strong (but sensitive to world demand) and relatively low consumer and government debts will ensure that (as a nation) it will come out early from an ‘impending’ world wide credit crunch induced recession.

However, if you are an expatriate missing pork pie and fish ’n’ chips…

Absolutely agree except that I thought German sovereign debt was also high. Germany has the problems of all aging western industrialised nations (expensive welfare state etc) but they are realistic about the work that needs to be done here and are openly raising taxes to do something about it. In the next global recession, Germany will suffer too (exports etc) but it will not collapse like the UK into a swamp of debt defaults and unemployed 'service sector' workers. Germans still save and think about their purchases... and have less than half the private debt of the UK individuals.

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Time to remove the rose coloured spectacles ?.

Unemployment in Germany is at record levels

More than 5.2 million Germans were out of work in February, new figures show.

The figure of 5.216 million people, or 12.6% of the working-age population, is the highest jobless rate in Europe's biggest economy since the 1930s.

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Time to remove the rose coloured spectacles ?.

Unemployment in Germany is at record levels

More than 5.2 million Germans were out of work in February, new figures show.

The figure of 5.216 million people, or 12.6% of the working-age population, is the highest jobless rate in Europe's biggest economy since the 1930s.

That's old information.

Germanys unemployment is 8.2% down by 2.6% on an anualised basis, ours went up by 1.2% on an anualised basis

http://news.bbc.co.uk/1/hi/business/5270916.stm

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You´ll know the Grand Cafe then :)
I was just checking out their lunchtime buffet. ;-)
Time to remove the rose coloured spectacles ?.
As I said, Germany is coming out of a domestic recession - hence I had no problems finding a good local job with only 6 months of German, UK IT degree and some experience.

On debt levels, German debt is seen as a problem and the government takes steps to solve it (curtailing welfare state & raising taxes), while in Britain it is just shoved off the books (selling assets, PFI, NHS, local councils, etc) and onto the shoulders of future tax payers. Also I’d trust German statistics a lot more than those produced by the ONS.

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Time to remove the rose coloured spectacles ?.

Unemployment in Germany is at record levels

More than 5.2 million Germans were out of work in February, new figures show.

The figure of 5.216 million people, or 12.6% of the working-age population, is the highest jobless rate in Europe's biggest economy since the 1930s.

Germany and France do have a persistent problem with unemployment - that cannot be denied.

But at least they don´t cover up the real figures like the British government.

How many people are on invalidity benefit in the UK? A hell of a lot I bet (This was a point raised in another thread not so long ago)

Just like the creative accounting in Gordon Brown`s inflation figures (i.e. exclude just about everything that has gone up in price).

Edited by Caledonian-Emigre

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Guest mattsta1964

How about the capital of Germany, Berlin:

http://www.rightmove.co.uk/viewdetails-477...p;chnl=overseas

£22,000 for a 1 bedroom flat sounds like peanuts to me for their equivalent of London. If I search on Rightmove for properties under £60,000 in my area I get just 1 match:

http://www.rightmove.co.uk/viewdetails-111...=1&tr_t=buy

Nice, don't you agree :lol:

I'm off to learn Geman - Guten Tag!

Donnerblitzen! Me too! :blink:

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You’ll do even better if you shop locally and buy in German.

Germans have far higher expectations of things like floor space, parking and services. Also, I wouldn’t recommend BTL in Germany (even in boom times) because the rules are stacked heavily in favour of the tenant. :P

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  • 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%



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