I think it is a good idea to move from Australia to USA...

Lighthouse · Light Sweet Crude Joined: Mar 02, 2006 Posts: 1458

Really, I do. I think the opportunity to grab a bargain investments was never better and will even better in the near future.

The low US$ makes my AU$ really valuable, the crunching economy is thirsty for foreign money. I'm really excited looking at the opportunities over there.
_________________
I am a sarcastic cynic. Some say I'm an asshole. Now that we have that out of the way ...

DrBang

Keep us posted on how you go. You are a brave soul indeed.

Even if the US recovers to deliver a return on your investment, you are running an awful risk of having the areas you do invest in destroyed. Then again, nothing ventured nothing gained.

Good Luck

Dr Bang
_________________
For every question , there is a lie. For every lie, there is a truth. For every truth, there is a way. And for every way, there is a time. This is the time.

Lighthouse · Light Sweet Crude Joined: Mar 02, 2006 Posts: 1458

DrBang

This is how small mining companies became big mining companies. You are taking a huge risk though. You really have to know exactly where the risk is. This circumstance is very amorphous though.

Keep us posted.

Dr Bang
_________________
For every question , there is a lie. For every lie, there is a truth. For every truth, there is a way. And for every way, there is a time. This is the time.

alokin · Intermediate Crude Joined: Aug 24, 2007 Posts: 799

I think that's a bit dangerous. As it is likely that America begins another war and you may expect bombing. In Australia we're living quite good, and the crime rate seems to me quite low, that's not like that in the US.

Johnston · Tar Sands Joined: Sep 17, 2006 Posts: 60 Location: Japan

The housing situation in Australia is the number one reason to be a refugee from there. There is a major shortage, especially of rental accommodation.

I don't know what the hell is going on down there. I have been living here in Japan for the past year, and there is a plethora of accommodation available.

When Brisbane rents are shocking compared to Tokyo, there must be something wrong with the situation.

TT

Your move from Aussie to USA will improve the intelligence quota of both countries <grin>

Micki

Rents in Australia HAVE to go up as investment property owners are heavily negatively geared and with costs and rates moving up that is the only salvage. Will be interesting to see what will change RBA's mind and rates starting to come down again. Got a feeling property may take off in Australia again and rents may ease off onc more.

Personally I would probably prefer a few years in Asia to USA.
If I still was single and felt a need to leave the country I would probably prefer to run a bar in Thailand or something rather than going to USA.
You may be able to get good value for your AUD when converting to USD and get a property at a descent price, but recovery of the US economy looks far far away. In fact, i think US will be the nation that will end up slowing down (i.e. oil and consumer goods consumption) so that Europe and Asia can continue the party a bit longer. USA consumes 25% of worlds oil supply. If you drop the dollar and increase the oil price, you may have a hyper inflationary recession or stagflation that drops oil consumption with let's for argument sake say 30%. So even with flat to mildly declining oil produciton, there will be more oil available to the rest of the world and possibly, courtesy of the low dollar, at descent price for some other nations. These can therefore go on consuming.
That is why we are likely to see China going through a transformation where US consumption needs to be transferred to internal and yuan strengthened.
_________________
Lets take a ride, and run with the dogs tonight
In suburbia
You cant hide, run with the dogs tonight
In suburbia
- Pet Shop Boys

canis_lupus

...and if you came with a PO mentality and came to find your fortune, I believe we Yanks would be enriched with you here. <bow / flourish>

BigTex

People in the U.S. love Australians. Come on up. It's not nearly as bad as people say it is.

Texas is especially nice.
_________________
Smile

Lighthouse · Light Sweet Crude Joined: Mar 02, 2006 Posts: 1458

Here is the plan:

I will buy several blocks of land 10-20 acre and build bioregional education and training centres to teach sustainable design. (Permaculture, passive house design, etc.) All of that targeted more mainstream.

In a second step I will develop sustainable mostly self sufficient villages with a strong community around the training centres.

And - I know this is a unknown concept for most permaculurist - I will make a good profit out of it...
_________________
I am a sarcastic cynic. Some say I'm an asshole. Now that we have that out of the way ...

auscanman

I can understand someone around my age (25) not wanting to be in Australia... expensive rent, you can forget about being able to afford to buy a house well into the future unless you're willing to go neck deep in debt, the levels of incomes for most junior positions are comparatively lower than elsewhere in the developed world, and now the one thing that used to be cheap there (food) is getting outrageously expensive.

I still think it's the best place in the world if you have a bit of money saved up: an incredible climate that is really conducive to the best health and fitness possible, incredibly friendly people (not so much in the major cities any more), and it isn't yet overpopulated.

The opportunities for young people are undoubtedly better in North America for the time being.

I'm not sure which place will weather the upcoming shitstorm better. Australia's water problem is already serious, and could get a hell of a lot worse, but I think the social fabric is stronger there, and that could help in tough times.

Lighthouse · Light Sweet Crude Joined: Mar 02, 2006 Posts: 1458

auscanman

Ludi

What's libertarian about a carbon tax? Don't libertarians want "the market" to decide everything? Shocked

_________________
No original ideas are contained in this post.