<nowhere@[EMAIL PROTECTED]
> wrote in message
news:gkiARgH3aOT3jCWXlDiZbHPRseg9@[EMAIL PROTECTED]
> Anen <anne.magee@[EMAIL PROTECTED]
> wrote:
>
>>Quoth nowhere@[EMAIL PROTECTED]
>>
>>>Anen <anne.magee@[EMAIL PROTECTED]
> wrote:
>>>
>>>>Quoth Alan Brand:
>>>>
>>>>>On Fri, 22 Jun 2007 14:22:01 -0300, Anen <anne.magee@[EMAIL PROTECTED]
>
wrote:
>>>>
>>>>>>This is rather a nice little place:
>>>>>>http://www.exitadvantage.ca/listing/26142/30-rockcliff-blvd
>>>>>>
>>>>>Very nice ... I hadn't realised that your house budget had been
>>>>>changed - congratulations on your recent lottery win.
>>>>
Look at it this way: you wouldn't want to have to mow the lawn for 3.3
acres. That would be ... like... *really* hard work!
>>>>That's only about 15 times my house budget. Or do I mean 150 times?
>>>>Can't do mental arithemetic any more.
>>>>
>>>
>>>The exchange rate to British Pounds is $1 = £0.4628 today.
>>
>>Is that Canajan dollars?
>
> Indeed. The Dollar of Canadia.
>
>>>That makes the place worth about £555,360.
>>
>>Sounds more impressive in dollars.
>>
Yeah, I wish I still thought that was a lot of money. Around here, 550k
buys
you a slightly-nicer-than-average 4-bed family home. Maybe 5 if you're not
too fussy about the neighbourhood. It's shocking.
>>>Although back in the real world, it ain't gonna happen.
>>>
>>>A more realistic possibility is this:
>>>I sell my house.
>>>I bought it for £100,000, so I make a clear profit of £200,000.
>>>I buy a house in Russia, where my wife comes from. That would set us
>>>back no more than £30,000 for a large house, leaving us with £170,000.
>>>Russian banks are currently paying 10% per year on savings accounts,
>>>so we'd earn £17,000 per year interest.
>
>>But would you want to?
>
> Possibly. I like Russia. Forget Moscow and St Petersburg. They're
> not the true Russia. Too cosmopolitan and westernised.
> The rest of Russia is much better. The people are more friendly and
> would do anything to help anyone else. I guess that's one of the
> better side-effects of living under a communist regime.
>
> The only major down-side is that even though I could "retire" there,
> I'd want to set up a business, which is very difficult for
> non-Russians.
> Not because of the bureaucracy - but because of the corruption of
> local government, the police, and the Russian Mafia who come in
> demanding protection money.
>
> We're more likely to retire there when I reach "retirement age".
>
The challenge is this: you either need to move to Russia permanently -
including retirement, or rely on the currency still being worth a sensible
number of pounds at the point when you want to move back.
-Sazz
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