Saturday, September 09, 2017

Musing about world property

Musing, as I do. R does so much more and gets much closer to acting on his musings, and that doesn't really make me happy at all.

What if we sold this place and rented a nice new place? R says we now live in a slum, no better than a public housing commission tower block. We might ask for $1.15 million and accept $1 million. I guess it is not a slum. How long would that last at $800 pw rental for something similar?

More interesting, what would AU$1 million buy for us in London? Conversion = £600,000 or €700,000. Ok, we could have a reasonable 2 bed flat in say Lancaster Gate in London. If we added a little, we could be in the cheapest 2 bed place in Paddington. We could buy a very nice 2 bed in East London, Hackney Wick, where Pants once lived.

What if we were neighbours of John Gray of Wales? London Road sounds good, 3 bed house for £230,000. It is ugly though.

Who else do I know in Europe? Gattina, right, we could buy a nice 3 bed apartment with this view in Waterloo for €645,000. Oh, sorry, that is looking down on the building, not the view. Very nice inside with 3 lavvies, lovey.


It would be nice to have some change after buying. What about becoming great mates with Jane and Lance in Budapest? Another conversion required. Wow, Forint, 214 million. OMG, we could buy the best property on the Danube or in the Buda hills and still have a lot of change.

We loved Budapest, but our Friend in Japan was there last year and while she too loved Budapest, she loved Prague even more. Hmm, we have 18 million of Czech currency. Ok, reverting to £ because I don't know the currency at all, £300,000 for a stunning apartment in the best location, on the Vltava River, of course.

Over to you Gosia. Could we buy a nice apartment in Katowice with 3 million zloty? The Rawa does not look so nice to live near, so maybe a lake with a tram going past. Where is that? And 3 bedrooms. Maybe better to buy in Warsaw with a nice view over the Vistula. Would we get something nice there for 3 million zloty?

33 comments:

  1. You are braver than I am. The thought of the work involved in moving makes me shudder. And I suspect that we would be limited to country towns with the money we could get from selling our homes. Not that the limitation is a bad thing.

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    1. EC, I was just wondering. They will take me from here in a box or to the nearest high care place. Some country towns can be very nice and welcoming, some not so much.

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  2. Agree with Elephant's Child moving is not fun any more my back just can't take it now.
    Merle.............

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    1. Merle

      When I was an undergraduate 200 years ago, we learned off by heart the list of anxiety-producing life events, in order. Top was death of a beloved spouse, then divorce but not far down the list was moving home!

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    2. Merle, my back either. We ain't going nowhere.

      Hels, it would have been quite a few years since you moved.

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    3. Dear Andrew, you don't have to do your own packing, or even the unpacking at the other end. There are companies who will do that for you.

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  3. Anonymous8:29 am

    "How long would that last at $800 pw rental for something similar?" I'd say you might have to postpone your retirement unless you want to scrimp and save. Before I moved to Pattaya, I contemplated selling my Sydney flat, but while I could get a good price for it, that would be offset a lot by the cost of buying elsewhere. And I don't want to be old and retired and at the mercy of a landlord and have no real control over my life. That's the part you should carefully consider. - Ian

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    1. Ian, thanks for doing the maths. I have only ever rented for a few months. Otherwise since the age of 22 always in our owned places. I hate the thought of not owning. I think if you live in a country such as Thailand, you do need a backup place back in Australia. Our Brother Friends who planned to live in Pattaya don't anymore, and their plans went awry when one of them came down with cancer. They pay rent of about $550 in a nice middle distance suburb in a new development.

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  4. Budapest is lovely but you will never understand a single word. Even the Hungarians have trouble with the language that is not related to any other language on the planet. Prague is just as lovely, and you will learn Czech and all related languages relatively easily.

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    1. Hels, is there not a vague connection between Hungarian and Finnish? Just a vague one. Jane Hattat has learnt enough Hungarian to get by. I am too old to learn other languages.

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  5. Are you messing with us? Would you really move from Australia? How would you tend your mother then?

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    1. Just dreaming, Strayer. I like where I live, the building, the location, the city and the state and Australia and I would miss the comfy old but secure slipper.

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  6. You could always buy a nice ancient manor house in S W France, and have plenty left over for a small house on a tiny Greek island.

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    1. Cro, been there, done the renovations too many times. France might be ok, but it is full of French people. The heat of Greece does not appeal to me at all.

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  7. A million would get you a nice fixer upo slum near me with plenty of garden for R. Near DFO, RSL, nice lunches there, walks in the park, buses to Chadstone, Southland, the Beach, trains to City, tours round the Cememtary.
    Reminds me, station might be nearly finished but Southland is going to be pay parking from now on.

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    1. I really needed to take two with my reply.

      Jah Teh, it is about the neighbours in your suburb. Like we would not want to end up living next door to you.

      It will be something like in South Melbourne shopping centre carparks, pay after two hours.

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  8. If R thinks your place is a slum, he should zip over to Adelaide and have a look at where I'm living. Your place would look like a palace after seeing mine. A lesser palace, but still.
    If money was no object and you could live anywhere, where would you choose?

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    1. River, what an interesting question you ask of me. I can make a blog post out of that and I need to think about it. What about you?

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    2. Where might you like to live?

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    3. Anywhere overlooking the ocean with no other houses in front to spoil my view, which means on the beach side of our Esplanade in any suburb from Semaphore down to Marino.

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    4. I remember now, River. You found some nice places along the beach.

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  9. Andrew you can buy a luxury house here and several apartments. Upper Silesia gives you a wide opportunity for work but if you retired a lot of people leave this region which is overpopulated polluted and noisy. You can buy a house and apartment everywhere in Poland Warsaw Cracow 3city at the sea.. and so Great choice.. Having 3 mln you are very rich here

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    1. Gosia, I would be retired. I could be a rich person in Poland, yet for some reason, I am stuck in Melbourne, where the coffee is good.

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  10. Never mind cold, wet overcrowded Europe what about nice and warm Queensland. You can buy whatever you want for a million up here. Don't worry about the heat of summer. You have aircon in your house/flat, in your car, in the shops and restaurants.You can go on holidays every summer with all the extra cash you would have left over.

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    1. Diane, please don't tell R. He will be up there in a minute. After our winter this year, maybe he is right. I was surprised about how much I liked the Gold Coast.

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  11. You can see the harbour from up there Andrew! I'm glad I looked up at previous comments to see it's all just speculation 😀 moving is such a drag, that's why we've stayed in the same house for over thirty years 😀

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    1. Grace, I thought musing kind of meant like speculation or vague thinking. It is as far as I am concerned.

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  12. Swine, how dare you. Living next door to me would be a dream, one elderly tart, quiet indoor cat and no loud music and coffee at the corner store is cheap and delicious. I would have to put up with your bad temper and R's devine cooking wafting over the fence.

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    1. Jah Teh, but can you put our bins out when we are away? R might make extra large meals and send a portion over. For mine, don't you have McDonalds nearby?

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  13. One million dollars divided by 800 a week rental is just over 24 years. But then you have to also factor in utilities, groceries, eating out, clothes and shoes. and holidays.

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    1. River, hopefully I have enough super to pay for those extra living expenses until I am 67 and get the pension. That is what I am banking on, but I need a bit more than just the pension to live here, not much more though.

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  14. For 700.000 € you would get a nice at least 3 bedroom house maybe not in Brussels but a little outside where we live. The houses have all very big rooms, they built in another way here. When I see what they call a bedroom in the UK, for me it's an utility room and not even !

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    1. That's interesting Gattina. I don't really have any knowledge of your housing. It seems like you get more house for your money where you are.

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