What I worry about when you sell up and move to the coast

What I worry about when you sell up and move to the coast

Recently a friend of mine announced she was moving to the coast – once I got over my jealousy (J) I wanted to suggest to her that she consider all of her options around selling her current home in Sydney, and of course I have a tool which can help her drill down to the real numbers so she can make an educated decision.

Now why is it I am so concerned about this? Because I’ve seen this happen time and again, and while I know she is unlikely to want to come back to Sydney, it’s not impossible - and in what is traditionally such a rapidly moving market it can be very hard to get back in once you’ve sold.

I’ve seen friends sell up and leave forever (in theory) and be forced to or simply want to come back to the area and find they cant afford anything like their former home.

Granted you might buy in another equally fast paced market, and be happy ever after, I wish t