An adventurous couple has made headlines after swapping life in Australia for India, where they've built an impressive portfolio of 18 properties. Their story challenges conventional wisdom about homeownership and offers a fresh perspective for Australians struggling with soaring house prices.
The Great Australian Escape
Frustrated by Australia's increasingly unaffordable housing market, the couple took a leap of faith and relocated to India. "It simply didn't make financial sense to buy in Australia," they explained. "We were looking at decades of mortgage stress for an average home, when we could build genuine wealth elsewhere."
Building a Property Empire
Their strategy was simple: leverage Australia's strong currency to acquire multiple properties in India's growing real estate market. Within years, they accumulated 18 properties – a mix of residential and commercial spaces – at a fraction of what a single Australian home would cost.
Why India?
- Affordability: Properties available for 10-20% of Australian prices
- Growth potential: Rapidly developing economy with rising demand
- Rental yields: Significantly higher returns than Australian markets
- Diversification: Protection against Australian market fluctuations
A Controversial Message to Aussies
The couple's advice is provocative: "Don't buy a home in Australia if you're just starting out. The system is stacked against young buyers." They argue that alternative strategies – like investing overseas or renting while building other assets – might offer better long-term outcomes.
The Australian Dream Redefined
Their story raises important questions about the changing nature of property ownership. As housing becomes increasingly unattainable for many Australians, could looking abroad become a viable alternative? This couple's experience suggests that sometimes, the road to financial security might lead far from home.
