Post to SinFongChanRE.Wixsite.com on 18/3/2018 1:38 PM
Commenting on “When is the right time to buy if you intend to migrate to Australia?”
A reader messaged me via the web Contact:
"We intend to migrate to Melbourne next year from Malaysia.
When do you suggest is the good times to buy a house for own stay in near future? Thanks in advance!"
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A year is a long time. Circumstances change, lifestyle changes, economy changes, government policy changes, and so many things can happen.
My advice is don't worry until you arrive. Rent a place for a year, get yourself familiarised with the new environment / suburb before you buy your house. You may decide to move to another city because of employment or family's needs / education.
Any time can be a right time to buy. It depends on one's circumstance at that time, even if it is for own stay. If your employment, e.g. a medical doctor, requires you to work in the a remote rural area, the timing can be very different.
DO NOT buy an expensive car even if you are loaded, unless you have so much extra money to splash. Spend the extra on the house you own one day, and turn it into a lovely HOME. There are many big houses costing millions, but they are only used as showpiece, generally lack the warmth of human's presence, clinically clean and unwelcoming.
In my opinion, a luxurious car is a personal possession, while a home "belongs" to the family. A happy home is filled with great unforgettable memories, love, joy and laughter. Please remember, the size of the house is not the determining factor!
Feel free to share this post with people you know who may ask the same question.
Thank you for reading.
Commenting on “When is the right time to buy if you intend to migrate to Australia?”
A reader messaged me via the web Contact:
"We intend to migrate to Melbourne next year from Malaysia.
When do you suggest is the good times to buy a house for own stay in near future? Thanks in advance!"
_________________________________
A year is a long time. Circumstances change, lifestyle changes, economy changes, government policy changes, and so many things can happen.
My advice is don't worry until you arrive. Rent a place for a year, get yourself familiarised with the new environment / suburb before you buy your house. You may decide to move to another city because of employment or family's needs / education.
Any time can be a right time to buy. It depends on one's circumstance at that time, even if it is for own stay. If your employment, e.g. a medical doctor, requires you to work in the a remote rural area, the timing can be very different.
DO NOT buy an expensive car even if you are loaded, unless you have so much extra money to splash. Spend the extra on the house you own one day, and turn it into a lovely HOME. There are many big houses costing millions, but they are only used as showpiece, generally lack the warmth of human's presence, clinically clean and unwelcoming.
In my opinion, a luxurious car is a personal possession, while a home "belongs" to the family. A happy home is filled with great unforgettable memories, love, joy and laughter. Please remember, the size of the house is not the determining factor!
Feel free to share this post with people you know who may ask the same question.
Thank you for reading.
