4 ms·

It's absolutely ridiculous now. It was also in the news today that net migration was 504,000 this year. I absolutely think it was the right thing to do (mostly

by rcarr 4y ago

It's absolutely ridiculous now. It was also in the news today that net migration was 504,000 this year. I absolutely think it was the right thing to do (mostly refugees from Ukraine and Hong Kong) but if you're going to have these migration policies and you've got a housing supply and affordability crisis, you've absolutely got to implement mass house building policies at the same time. This government is an absolute joke but I have very little faith that Starmer is going to be much better. My plan is to leave whilst I still can. Source: https://www.thetimes.co.uk/article/net-migration-at-record-levels-as-1-1-million-arrive-in-britain-zfs0xvp6t https://www.thetimes.co.uk/article/net-migration-at-record-l...

Aeolun 4y ago
But where will you go? Housing is ridiculous everywhere (except maybe Japan).
- rcarr 4y ago
  At the minute I’m leaning towards going to Australia to take advantage of the new 3 year Working Holiday Visa for uk citizens. I’ll probably get a campervan over there and do the whole nomad thing for a while or just rent for a bit. After that I’m not sure, options I’m weighing up atm: - study German over the next few years and then study in Germany (free or extremely low cost tuition) - as above but in Argentina or another Latin American country (have already been studying Spanish for a couple of years so not far off the standard required) - rent in Ireland for five years (can live and work there visa free as UK citizen), become a naturalised citizen then move anywhere I want in the EU - move to Glasgow or Belfast where property is cheaper and the people are friendlier. - do the whole digital nomad thing in more affordable countries like Thailand, Bali, Mexico etc The only thing I know for sure is I am absolutely done with England and don’t want to be part of it anymore.
fy20 4y ago
A better way to look at it is how much is immigration of wealthy people propping up the UK economy? If you look at the number of new £1m+ apartments in London (which even if you are a couple of well paid engineers you probably could not get a mortgage for), then it paints a pretty stark picture.
- rcarr 4y ago
  My understanding is that these apartments aren’t generally purchased by immigrants but by non-resident investors who just want a safe asset to park money in and take advantage of the ridiculous never ending house price inflation. They know that the government will never take any steps to correct the market because the severity of the after effects would make it electoral suicide. So London is just filled with tons of empty apartments and houses.

by rcarr 4y ago

Aeolun 4y ago

But where will you go? Housing is ridiculous everywhere (except maybe Japan).

rcarr 4y ago
At the minute I’m leaning towards going to Australia to take advantage of the new 3 year Working Holiday Visa for uk citizens. I’ll probably get a campervan over there and do the whole nomad thing for a while or just rent for a bit. After that I’m not sure, options I’m weighing up atm: - study German over the next few years and then study in Germany (free or extremely low cost tuition) - as above but in Argentina or another Latin American country (have already been studying Spanish for a couple of years so not far off the standard required) - rent in Ireland for five years (can live and work there visa free as UK citizen), become a naturalised citizen then move anywhere I want in the EU - move to Glasgow or Belfast where property is cheaper and the people are friendlier. - do the whole digital nomad thing in more affordable countries like Thailand, Bali, Mexico etc The only thing I know for sure is I am absolutely done with England and don’t want to be part of it anymore.

fy20 4y ago

A better way to look at it is how much is immigration of wealthy people propping up the UK economy? If you look at the number of new £1m+ apartments in London (which even if you are a couple of well paid engineers you probably could not get a mortgage for), then it paints a pretty stark picture.

rcarr 4y ago
My understanding is that these apartments aren’t generally purchased by immigrants but by non-resident investors who just want a safe asset to park money in and take advantage of the ridiculous never ending house price inflation. They know that the government will never take any steps to correct the market because the severity of the after effects would make it electoral suicide. So London is just filled with tons of empty apartments and houses.