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I don't think the paper is without merit, but to sell his case the author makes some very wild statements, particularly: "You see, until every penny of your mortgage is paid off, you don’t own anything. The bank who loaned you the money owns your house.". This notion of mortgage stress being...

No, all it means is that up to a year or two ago, the average home-owning Brit could sell up and come here to enjoy a much better standard of living (home wise anyway) than in the UK. Now they can enjoy the better weather, but will have to work just as hard to pay the mortgage as everyone else.

Anyone who's been planning to emigrate from the UK to Australia and is only now in a position to do so will have been well and truly knocked by the double whammy of the declines in the UK market and the exchange rate. When I bought my 2-bed unit here in Melbourne Docklands in early 2007, if I'd...

How does this relate to FIRB rules? Are they just being ignored? I thought the recent relaxations only applied to people who are legally here on temporary (non-tourist) visas?