Those of you who follow this blog regularly will know that the Malaysian Government has made it impossible for me to live here in my old age because they have refused to grant me permanent residency, and refuse to enter into any further discussion on the matter…
…in spite of the fact that I am married to one of Malaysia’s more pre-eminent, highly decorated, internationally-renowned academics and citizens who has devoted much of his life to the future Malaysian scientists and scientific endeavour (I’m sure he will blush when he reads that, but to my eyes, it’s a true statement)
…and in spite of the fact that I have lived here for 32 of the past 40 years
…and in spite of the fact that most of those 8 years abroad (ultimately the reason I lost my permanent residency status in the first place) were while he was on government secondment.
So we have been looking at ways in which we can settle down where I was born, Western Australia.
And believe me, I am wondering how it is ever going to be possible.
Look at this, figures taken from the business section of The Star Wed. 7th July 2010.
Australia’s median home price 2009 was 6x the gross yearly income
Britain’s median home price 2009 was 5.1x the gross yearly income
USA’s median home price 2009 was 2.9x the gross yearly income
The median home in Australia cost $A 468,000 in May 2010
In US for 2009, the median home was US$216,700 or $A 248,085
In the past year, Australian house prices rose by an incredible 20%. Australian home prices are 82% higher than in the US.
I won’t even begin to say how much more they are than prices in Malaysia. Our major investment is in our home here – but if we sell it, it will only be about half the price of an Australian home one third of the size in a lousy area.
Maybe we’ll settle for a caravan somewhere…?