Aussie buyers lured overseas by cheaper property prospects

first_imgThe Hollywood sign overlooking Los Angeles. Picture: iStock.The report found Las Vegas, Seattle and Portland, Oregon, are also gaining attention from Australians.“Buyers in these markets can purchase at a much lower price point without forgoing strong home value appreciation,” the report said.“For example, in the Las Vegas metro, the median home costs $309,320 ($US236,800) and is expected to rise another 5.8 per cent in value over the next year.“Compare this with the Los Angeles metro, where the median home price is $804,389 AUD ($615,800 USD) and is expected to gain just 1.1 per cent in value next year.”Traffic is highest from Sydney, Melbourne, Brisbane, Perth and Adelaide and most searches are for active real estate and rental listings, according to the report. $120,000 HOME SELLS FOR $3M-PLUS More from newsParks and wildlife the new lust-haves post coronavirus21 hours agoNoosa’s best beachfront penthouse is about to hit the market21 hours agoHollywood Boulevard, Los Angeles, California, USA.Zillow chief economist Aaron Terrazas said more affordable house prices and forecasts for price growth and new tax cuts were part of the mindset to invest.“We know the markets have picked up and it’s going to spill over into wage growth and this will spill over into first home buyers, and we think they will be out buying homes for the next two to three years and that will drive prices,” he said.The latest Expat Explorer Global Report from HSBC also revealed an increase in Australian expats buying properties overseas.The report found that in a survey of 1034 Australians living abroad, 60 per cent owned property somewhere in the world — while just 34 per cent owned property in Australia. Malibu, California, is one of the most searched US cities by Australians looking to buy property.TOP 10 US CITIES MOST SEARCHED BY AUSTRALIANS:1. Beverly Hills, California2. Calabasas, California3. Malibu, California4. West Hollywood, California5. Fullerton, California6. Aspen, Colorado7. Santa Monica, California8. Monterey, California9. Newport Coast, California10. Great Neck, New York(Source: Zillow) A row of houses in California, USA, where more Australians are looking to buy property. Picture: istock.MORE Aussies are looking to the US to buy property, with one real estate website now attracting more than a million browsers from Down Under every year.Unlike Australia, home prices in most US markets are considered affordable, and many metropolitan areas now have improved economic prospects, making them more appealing to investors and expats, a new report has found.The median home price in the US is much lower than in Australia at around $265,696. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE center_img Los Angeles, California, is becoming popular with Australian property investors.Real estate website Zillow’s Aussie Expat Report reveals Australians are mainly interested in stand-alone homes and eight of the top 10 most popular US cities for Australian home searches were in the state of California, within the Los Angeles metro area.But homes in the hot Californian market can come with a significant price tag, with the report noting the median price point for Australian home searches was about $704,000. NEW YORK CHEAPER THAN BRISBANE last_img read more

The problem of family violence

first_imgEditorial – Otago Daily Times 12 Nov 2012A call to make domestic violence a stand-alone criminal offence provides a much-needed avenue for discussion about a problem still sadly prevalent. Departing Principal Family Court Judge Peter Boshier, who is beginning a term with the Law Commission, believes a separate charge of domestic violence would provide a more accurate gauge of the extent of the problem in New Zealand and provide a wider context for judges considering the criminal backgrounds of people appearing in court. “We all know that family violence is a huge problem, but we don’t know just how much of a huge problem it is,” Judge Boshier said in his final speech at the Women’s Refuge conference in Blenheim recently. The call follows others made in March, during a trip to Queenstown, including significant changes around protection orders. One of the difficulties calculating the extent of domestic violence is police estimate only 18% of cases are reported. Women’s Refuge figures show almost 25,000 women and children needed its help last year, and refuges provided safe beds to an average of 230 women and children each night. The refuge receives more than 60,000 calls to its Crisisline every year.…A police report released in September challenges some of the gender perceptions around family violence. The Family Violence Death Review found mothers were responsible for 45% of the child deaths subject to a family violence death review from 2004 to 2011. The report, which only involved deaths that were subject to a family violence death review, found victims of family violence were spread almost equally among men, women and children. It also found 81% of female victims and 29% of male victims were killed by a former or current spouse or partner, 64% of all deaths were in families where police had prior involvement, and in 55% of child deaths police had prior involvement with the family. Most suspects or offenders were in their 20s. Family First national director Bob McCoskrie said the statistics debunked the misleading popular perception “that women and children need to be protected from men”. “If we’re really serious about reducing family violence, we need to talk about … our violent culture and the role alcohol and drugs play in fuelling this environment.” Prof David Fergusson, of the University of Otago, said the public perception men were the perpetrators of most domestic violence was the result of biased publicity. “The proper message is that both gender groups have a capacity for domestic violence – women probably perpetrate more assaults on children then men do.” Prof Fergusson said the bottom line was “the importance of public policy being based on evidence”. There should be no argument there, but it is debatable whether such evidence – through more accurate statistics on the problem – will actually help solve the problem, particularly given the issue is complex, often involving intergenerational, ingrained and learned behaviours and a cocktail of social and environmental factors.http://www.odt.co.nz/opinion/editorial/234265/problem-family-violencelast_img read more

Confirmed: Wakaso returns to starting line-up against Burkina

first_imgKwesi Appiah makes just one change to his starting team from the previous game as Ghana meets Burkina Faso in the semi-finals at the 2013 Africa Cup of Nations.Mubarak Wakaso, who came off the bench to score two second-half goals in the last game starts ahead of Albert Adomah in Wednesday’s last-four clash.The game will kick off at the Mbombela Stadium at 18:30 GMT in Nelspruit.A win for the Black Stars will see them make a second final appearance in three years where they will play either Nigeria or Mali.Ghana line up: Fatau Dauda, John Paintsil, Harrison Afful, John Boye, Isaac Vorsah, Rabiu Mohammed, Christian Atsu, Agyemang Badu, Asamoah Gyan, Mubarak Wakaso, Kwadwo Asamoahlast_img read more

First night relay race in PH puts premium on ‘team spirit’

first_imgConor McGregor seeks to emerge from controversy in UFC comeback MOST READ Tim Cone, Ginebra set their sights on elusive All-Filipino crown Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award March Madness: Top 32 PH high school teams battle it out in 11th NBTC season Scarlett Johansson, Sterling K. Brown among SAG Awards presenters HiVelocity managing director Adrian Mok said they expect to have 3,000 participants.Filipino Olympian Mary Joy Tabal, who is also an ambassador for Asics, said running as part of a team, instead of as an individual, will put pressure not only on the runner but on the teammates as well.“You have one thing in mind and that’s to win not only for yourself but also for the team,” said Tabal. “It’s going to be a different feeling because you’re going to push each other, pressure them, and pressure yourself.”ADVERTISEMENT Sports Related Videospowered by AdSparcRead Next Cabuyao City rising above the ashes through volunteerism In Liverpool, Man United sees the pain and path to recovery LATEST STORIES The Asics Relay will make its first stop in the Philippines before holding events in other Southeast Asian countries like Indonesia, Malaysia, Thailand, and Singapore.“The objective of the race is to create an event to emphasize the team spirit,” said Andy Neo, Asics Asia sports marketing manager, at during the press conference at Conrad Manila. “We know that people want to sleep in the morning and the evening time is perfect because you can sleep after and you will have more people to join.”FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkThe event features a full 42-kilometer marathon, where each team member is required to run two legs of 5.25 km, and a 21 km half marathon, where each participant needs to run a leg of 5.25 km.Winning teams will be awarded over P790,000 and the champion of the full marathon will have an automatic slot to any of the next four races. Recto seeks to establish Taal rehab body to aid community, eruption victims Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Don’t miss out on the latest news and information. Nadine Lustre’s phone stolen in Brazil Asics Relay Marathon. Photo from asics.com.A Japanese sportswear brand is introducing a new kind of marathon here in the Philippines.From the usual individual races held at dawn, this new race launched on Wednesday is looking for four-member teams for a relay marathon at night.ADVERTISEMENT Jiro Manio arrested for stabbing man in Marikina View commentslast_img read more

West Nile warnings to go up by river

first_imgOne out of 150 people who are bitten by an infected mosquito get severely ill, the vector control district said. People who catch the virus either do not become sick or experience mild symptoms, including fever, headache, nausea and body aches, though it could be fatal for people with weak immune systems, such as the elderly. Heintz said the virus first appeared in Los Angeles County in 2003 and had a banner year in 2004 with 331 human cases and 14 deaths. Last year, the county saw 47 cases and no deaths. “West Nile virus is now endemic,” said Jan Heidt, a vector control district board member and former Santa Clarita councilwoman. “It’s always going to be with us. … You’re just going to have to take precautions.” That includes using insect repellents containing DEET, and ensuring pools and ponds don’t become breeding grounds for mosquitoes, Heidt said. eugene.tong@dailynews.com (661)257-5253160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! SANTA CLARITA – The discovery of West Nile virus-infected mosquitoes in the city has spurred county vector control agents to post warning signs and treat area ponds, officials said Wednesday. Mosquito samples carrying the virus were discovered along the South Fork of the Santa Clara River, between the bike path and San Fernando Road, according to city officials and the Greater Los Angeles County Vector Control District. The district plans to post warning signs along the river from Via Princessa to Lyons Avenue and will monitor for stagnant ponds by helicopter, though there were no immediate plans for more drastic measures such as aerial spraying. “We’re confident with their approach,” city spokeswoman Gail Ortiz said. AD Quality Auto 360p 720p 1080p Top articles1/5READ MORE11 theater productions to see in Southern California this week, Dec. 27-Jan. 2The sample – along with those taken from Northridge and Chatsworth – tested positive May 17 by the state Department of Health Services and the arbovirus diagnostic laboratory at the University of California, Davis, the vector control district said. It’s an earlier appearance compared with last year, when the virus first showed up in July in area mosquito samples. Still, there have been no cases of the virus in humans, birds or horses so far in the county. Vector control district spokeswoman Stephanie Heintz declined to speculate if the timing indicates a strong showing for the virus this year, though the alternating wet and warm weather of the past two months has encouraged mosquito development. “It is helpful that we discovered the mosquito pool early in the season because now we can be prepared,” she said. “It is a new disease here. We’re still learning about it.” The virus, which can lead to complications such as encephalitis (inflammation of the brain) and meningitis, is transmitted by mosquitoes. Humans cannot catch the disease from other animals or each other. last_img read more