newjez

Yes, it would have to be up to our government to give them an incentive to leave. Although I guess our government could also just tax them to pay for the extra care, but then you still need the extra staff, and you get the immigration argument again. I guess it would be a lot of bother just to satisfy some people's xenophobic needs.

There's a lot of people with million dollar pension pots. At least there was before covid.

New Zealand do a two year renewable version.

More than £50,000? There are some schemes out there already. All we need is the UK government to give people an incentive to leave. Possibly taxing pension withdrawal within the UK, but tax free for withdrawal outside the UK. Possibly even a greater aged pension outside the UK, rather than fixing it as they do ATM. https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.thaiembassy.com/travel/health-insurance-thailand-new-requirement-for-retirees.php%23:~:text%3DWhat%20is%20the%20new%20requirement,baht%20for%20inpatient%20medical%20fees.%26text%3DThis%20measure%20will%20solve%20over,left%20unpaid%20by%20foreign%20patients.&ved=2ahUKEwjJ_t_Px_rrAhWROcAKHTSzBlAQFjABegQIDRAG&usg=AOvVaw3z9MoRvNN-wuC7C9zJLfbz&cshid=1600702083208

It wouldn't be a charity. It would be run for profit. Possibly not even by a government but by a private company. Sure, it doesn't happen now in large numbers. But why can't it happen? We have a lot of rich pensioners. We have a housing shortage. We have a top heavy population. Why not incentivise the pensioners to retire in Thailand for example? Your looking for problems, look for solutions. It is feasible, if the governments of UK and Thailand support it. Potentially it's win win for everyone. To me it makes more sense than shipping Thai people over here to support the oldies. Or, and I'm going out on a limb here, but maybe we could design a virus which is asymptomatic in young people but kills old people by the thousands. That could work too.

The government would take it as a bond as a condition of entry. And yes, an insurance company would do that if they could do the rating on it. Yes it would be a new product, but it shouldn't be that hard to price it.

We're talking about wealthy pensioners Marisa. I don't think they are taking anyone's jobs. It's an industry, or a potential one. Probably better for countries in South East Asia or India, rather than Australia, as they have the low cost labour. But as an alternative to shipping migrants in, shipping the oldies out has merit. Many do it now anyway. Or did before brexit. If the government gave them a tax incentive it would even out the diametrics.

Just make buying comprehensive medical insurance for their expected life a condition of entry. These aren't insurmountable problems.

I think Australia has sufficient protections on its industry to protect its workforce. People see free movement as bad and see controlled movement as good. Which is strange, because we always saw are free economies as good, and the controlled economies of Communist countries as bad and inefficient. Which they are. Controlled immigration is the same. It can be very inefficient and open to political abuse.

They don't have to give them free health care Marisa. Just change the law so only citizens and permanent residents can get free health care. One man's burden is another man's industry. There's a lot of rich old people in the world looking to be fleeced.

Kingswood country. Australian political correctness at its peak.

Generally, if something just disappears from the media, it's because it was proved baseless. You will probably get a very small print retraction on page 57.

How old is she?

My sister and bil have one, and they love it. I'd be getting up and down to go to the loo all night though.

I do admit that mental health is important, and the government should be doing everything they can to improve mental health. That's why my son is back at school in the UK against my better judgement. He needs it, and the risk where I live is low. Alot of the rules our government impose on us don't make sense. Golf is a classic example. There has to be a balance. But I can't see us not getting a vaccine due to the sheer number of vaccines in development.

They often cancel automatically if you no longer contribute, but I've kept mine going.

Perth prices were rivalling Sydney in the boom. That was never going to last. Like Tesla's share price. Reality was going to catch up sooner or later.

If you had bought less than ten years ago it would be worth less than what you paid. But Perth is like that. Nothing happens for years and then prices double or triple. If you are moving within Perth it doesn't matter whether your house price goes up or down. If you are coming back to the UK, at least the exchange rate is in your favour, and I can't see that changing much in three years with brexit, and unless china USA tiff really kicks off, the aud should stay strong. But what will be will be.

In that specific area and lower, there is a new lithium mine being built near bunbury, so that could cause some short term pressure on housing when they build it, although mines take a lot more people to build them than run them.

I wouldn't believe anything you read in the West Australian about house prices. https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.corelogic.com.au/research/daily-indices&ved=2ahUKEwiDxdKX4tPrAhUGDuwKHbhGBa8QFjAAegQICRAD&usg=AOvVaw2OUyil1RuitM_f_uuxuP6z&cshid=1599369113395 Will give you a good indication of what is happening. Reiwa do give stats but I'm not sure how accurate they are. It's fine in a suburb like ellenbrook where all the housing stock is pretty much the same. But somewhere like applecross, where the housing stock can range between one and five million, in quiet times some of the stats can be very inaccurate. The west Australian had kallaroo rising 15% the other week. I would take that with a pinch of salt. UK houses have jumped because the government dropped stamp duty. Unless the government in Australia does the same. But their incentive mostly involves building new property, which increases the housing stock, which will depress prices overall. But in the long term without government intervention, I would expect the recession in Australia and England to depress house prices over the next couple of years.

Hope this helps, although they are comparing against the USD. https://www.cnbc.com/2020/09/03/australian-dollar-amid-coronavirus-and-recession.html

No deal Brexit could drop the pound significantly. But hand on heart, how realistic is that? Although the threat of no deal is a very real thing. Both countries are heading into recession and deflating their currencies, but then so is everyone. I know this is flippant, but you probably will get a better rate than that and a worse rate than that over the coming months. You really need to decide what is a good rate for you. You will never be able to pick the best rate, so just accept that and you will be happier.

I would say no to either as your principle place of residence.

I could be wrong but I thought current bid meant they had an offer, but it was subject to sale. So if someone came through with a cash offer, then the owners could drop the current bid and take the cash offer. But the estate agent should be able to tell you. Expression of interest are just that. It's basically an invitation to start haggling. Same with overs over, or mid to high whatever. You tend to get more of that sort of thing in a slow market.

Not really. Anything over 25 is a waste if you don't have a pool.