For a number of countries, household help living within the same premises as their employer is not widely practice. In the Philippines, having household help or “kasambahay” has always been a part of local custom and culture. While the Filipinos’ will always prefer to hire help by word of mouth or via referrals, there are …
We are sometimes asked for comment on the biggest surprises experienced by new arrivals to Australia. Without doubt one of the most common surprises is the perceived high cost of renting property (most new arrivals rent initially). Two factors are relevant in this regard: Concentration of population in Sydney and Melbourne (over 40% of the …
Australia | China | India | Japan | Korea | Malaysia | New Zealand | Philippines | Singapore | Taiwan | Thailand Australia There has been stability in rental costs over recent years as shown in the table below: However vacancy rates have been declining, and this could lead to pressure on rents in …
1: House Prices: Media reports that imply a property market collapse is taking place are not supported by the facts. This is consistent with commentary from the Reserve Bank of Australia to the effect that a mild correction is occurring. Property prices and rents in Melbourne and Sydney are still higher than they were 2 …
Australia – Housing Market Gloom – is it justified? Read More »
Hiring a domestic helper might be common in many countries, however it’s rare for Japanese families to hire full-time helpers. Some Japanese families hire helpers from local companies, and many also hire such help on special occasions such as when they move out from the apartment/house or do major cleaning such as before New Year’s …
Why using a housing agent/realtor can ease the home search process for an expatriate… Searching for a new home can be a stressful and exhausting process. What more if you are moving to another country, with a different culture and way of doing things. If you will be moving with your family, that will be …
Malaysia – Using a Housing Agent or Realtor to Ease the Home Search Process Read More »
Tight rental markets generating big rent increases in Melbourne and Canberra Latest capital city rental data for apartments affirms the link between vacancy rates and rent increases. It seems a logical outcome of the working of supply and demand, however this is not always the case. In the latest available data (March quarter of 2018) …
Australia – Big rent increases in Melbourne & Canberra Read More »
There are no legal restrictions on foreigners buying property in Japan. Regardless of visa status or even if one is a non-resident, anyone may acquire proprietary rights to Japanese real estate just like a Japanese national. Similarly, the taxes regarding real estate such as Property registration & License tax, Property tax and City planning tax …
A Focus on Relocation within Australia Volatility in sales prices in Sydney and Melbourne, and greater stability in other State Capitals. Rental stability across the country except for Perth. What does this mean for employers relocating staff interstate to Sydney and Melbourne ? In our August Client Alert we commented that Sydney and Melbourne rents …
Continuing on from our article explaining that leases may no longer be in any person’s name and payments need to be in the name of the tenant, we are now seeing more house lease changes. Auckland, New Zealand has the largest number of people coming in for short and long-term stays. The housing market is …