Why We Left Australia And May NEVER GO BACK....

In Todays video i talk about the reason i left Australia with my wife Mandy back in 2021, to live in Thailand. The main reason being the cost of living crisis that's currently going on in Australia and most western countries, and i also talk about why i may never return.

If you enjoy this content please consider subscribing for more.

GET IN TOUCH:

TRAVEL INSURANCE THAT WE USE AND RECOMMEND:

🖥 GET 50% OFF OUR YOUTUBE BUSINESS COURSE USING CODE "LLOYDMANDY"

🤑 GET A $100 BONUS WHEN YOU BECOME A SAFETY WING AMBASSADOR:

SUPPORT THE CHANNEL:

0:00 Intro
0:46 Cost of Living Australia
2:04 Where we used to live
3:06 Buying A House In Australia
6:40 Cost of Groceries Australia
7:12 Lazy Millennials?
8:06 What is The Solution?

#thailand #australia #housingaffordability

[SWOODY]

I'm from Australia but have been living in Asia for 20 years. I cannot believe what has happened to property in Australia. So lets look at a country which has addressed the same problem, Singapore. They had escalating property prices but acted on it. They, like Australia, have onerous property taxes levied at the time of purchase. They dramatically increased stamp duty on purchases of second, and third homes. By dramatic increased I mean in the order of 200-300%. If you were a foreign national buying Singapore property, same thing. Also they restricted "flipping", if you were in these categories then you could not sell for 5 (I think) years. That stopped the price increases in its tracks.

Why they couldn't do something like that in Australia for my kids is beyond me. It's an intergenerational steal from millennials to baby boomers. From millennials to overseas investors.

If the Australian government tells you that there are complex reasons that they couldn't do something similar then my response is, well then the solution is above your paygrade so we need to get someone else. This is a solvable problem, but it needs political will. The government members and the highest paid sector in Australia, the public service, have a vested interest in this problem not being solved.

You pay so much tax in Australia, and the government has just messed everything up. Dont let them tell you its not a high tax country, it definitely is. I lived and earned money in Malaysia and SIngapore, i know from first hand experience.

Politically, I'm a pretty middle of the road baby boomer, but the various Australian governments are expensive and utterly incompetent. You disagree? Well how did this situation arise? How is it that no one in the elected leadership saw this coming and did something about it before it became chronic? No political party articulated a problem that was just over the horizon (by this i mean, in time) and proposed solutions. Its pretty disgusting when you think about it.

[aaron]

My wife and I are virtually mortgage free and STILL the cost of living in Australia is ABSOLUTELY SHOCKING.
Going out is soooo expensive

[lifeon]

It's not just the cost of houses or the cost of living, it's the lack of freedom too. There's rules for everything... and don't even get me started on the revenue raising cameras we have absolutely everywhere. There's so much corruption and corporate greed now it's ridiculous.

[murdermostdownunder]

Yeah, I'm a 30YO, worked since 14YO doing whatever work I could, educated, skilled, never broke the law, always paid my way and I'm bloody leaving. I'm so sick of feeling unwelcome in my own country and not being able to afford basics while working 2 jobs 55+ hours a week I'm done. The government's, both Labor and LNP have failed their people.. to the point of treason. I'm so angry with our government and just corrupt they are. I know there's a war coming and I'm getting the heck out.. I used to say I'd defend my country to the last, now there's nothing left to fight for. I've been made abundantly aware I'm not welcome by the actions of politicians. So I'm going, cya later Mates.. I hope those refugees and immigrants have the Aussie spirit you'll need to defend this land running through their veins. Because the convicts are bloody done.

[hobo]

I left this year, never going back. Why work until you die when places like Thailand exist.

[simonestoicov]

But then you move to Thailand and out price their locals with your australian dollars. You just inflicting on someone else’s country the issues you are trying to escape

[nozyparker]

It's the same in every western country not just Australia. The main reason is a mortgage is fraud / money made from thin air, so the Banks create money out of nothing so are really happy for this system to carry on.

[hartley]

Australia is done. I heard Canada is too. No pride or passion about their countries. Flooded with migration, those with deep pockets who smash the property markets and people like myself (aus citizen) have to pay for it (ie inflated housing). Not to mention the circus of covid and how the aus government handled that matter. If you say anything or stick up for your fellow Australians you're immediately shut down and labelled as a racist. Open discussion and analysis like this video is important. Thankyou for this content 🙏

[splitirisbear]

property was never meant to be a financial investment. it's supposed to be a place for you to live in.

[kirstylyons]

Yes it's all TRUE!! but they forgot to mention that in addition to the ridiculous inflation the quality of everything has declined. You litrally pay top dollar for rotten food, sub quality clothing and houses that need a additional $100 thousand dollars fix important structural issues like dodgy roofs and mould damage

[bradgretch]

if you’re a young couple trying to buy a house in Byron bay you’re kidding yourself. 95% of Aussies couldn’t afford to buy there. Look outside of your bubble and you’ll be surprised of what 500k-600k gets you is some towns. you may have to sacrifice a glamorous lifestyle in an overrated beach town but sometimes you gotta crawl before you walk. I know i did.

[kiwitexan]

I live in New Zealand and we considered buying property in Northern Australia a few years ago. We took a recent look at property prices and were gobsmacked at what has happened. The price of everything in the West at the current level is unsustainable. We live in a bus off grid in New Zealand because we cannot afford a house or the associated utiliities. I have to grow my own food or pay dearly at the supermarket just to survive. We make "too much money" to qualify for financial assistance (nor do we want it) yet we cannot pay for basic needs and live in a normal house. The only option is to move to a country where we can afford to live. Thanks so much for being an example of success and sharing your experiences.

[robdogmaddog]

I live in Mullum. That $1.5m house you were looking at in 2021 would now be around $2.5m. House prices in Australia are an absolute joke. Super disheartening and frustrating when you realise you may never own a home.

[jenniferdumet]

Bravo. I left Australia over 10 years ago and only go back to restock on provisions and see my family. It’s a prison with so many rules and regulations it’s sickening. So much nicer in the tropics.

[jorgereyna]

Thanks mate, I figured this out a few years ago, bought a property and made a decent profit in 3 years. I am leaving Australia in 2026 for Spain, where I have been there 9 times and spent 1 month's holiday 3 times before. I am a native Spanish speaker, and I will get a well-paying job in academia there. Life in Spain is vibrant and bloody cheap outside the big cities. Can you believe me if I say you can buy a 3-bedroom apartment in Andalusia, 20 minutes from Alicante and 30 minutes from Benidorm, for 25, 000 euros? For that money in Australia, you can buy a wall lol ... I love Australia, but I want a better future in 15 years when I retire, and my super will be a bit of a fortune when I transfer to Spain when I get 60. Migration, as you probably know, is only for some. I did it here in Australia 23 years ago and will make it again in Spain. So excited to start a new life there ;-)

[DJ]

We should all be more angry with the amount of bnb's in our country. 60k homes in NSW alone are short-term rentals or bnb's. That is a disgrace. And how many people own more than one bnb? They are ruining the housing affordability and rental market.

[winstonsmith]

Over 1 million immigrants coming to Australia in the last 2 years does not help the supply of Housing.

[sixmedia]

I am so tired of older generations, politicians and property hoarders telling me “if you want to own a home then why are you still having holidays, dinners and buying new cars and making a few sacrifices?”

We have made a *_SHIT TONNE_* of sacrifices. We don’t do near as much as we used to. I’m sick of older people dictating this stuff to us, whilst they did all that we do in their day and still saved relatively quickly for a home. Why is it that these people and the politicians tell us that we should accept a lesser quality of life than anyone else? All our money is taken now by essentials. Even on a high salary. Did that happen to them too? I don’t seem to recall that occurring. Everyday expenses used to be a small portion of income. Now it’s everything. Nothing left for a secure family home. So how about all these people get off their high horses and wake up to themselves?

Property, grocery, fuel, entertainment prices have absolutely *_exploded_* out of control, whilst wages and salaries have all but stagnated by comparison! Where was that in their day? It is not the same.

Our own government hates us. Soon they will prove just how much they loathe us by silencing our criticism and outrage through their “misinformation bill”, designed to allow only the Australian Government to decide what the “truth” is.

[katiegasson]

something has got to give, what you are talking about has been on my mind for a while now. thank you for voicing this.

[tlevans]

Hi Mate, good example of why it's so difficult for young couples to get ahead in Oz. I moved to Dubai for about nine years and made good money working and leasing an apt there, and saving money. I also flipped some property to make some more money. In 2008, the property market crashed, so I decided to cash out, take a once in a lifetime trip around the US and Canada for twelve months in an RV, then moved to the Philippines, where I bought a house outright for cash (leased the land), and have lived here for 14 years. I only go back to Oz on holidays, and thank my lucky stars that I got out when I did. My living expenses are low, but I live well. I have no mortgage. Own my car outright, and earn money from a small business and pay almost nothing in tax. Health care here is cheap, and very good. I love being an expat. No regrets whatsoever.