Sunday, 27 May 2018

Mark Bouris throws support behind long-term leases for Australian cities


Editor's Comments: As shown below Australia is now considering long term leases.
Maybe they can learn from Bali where we have always offered long term leases, up to 80 years.

Many Australian Baby Boomers have already purchased them and a large portion of Australian seniors are considering moving to or investing in Bali.

For the same price as a  three bedroom quality apartment you could move to Bali and buy 2 -200 m2 luxury two-bedroom villas with private pools.
Starting at A $198,000 
Rent one out for positive cash flow of $2,000 per month and live like a king in the other one with your private maid at $150 per month. 

Learn more at our free seminars being held in Sydney and Auckland the next two months.

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Businessman and TV presenter Mark Bouris. Photo: Rob Homer


Mark Bouris throws support behind long-term leases for Australian cities
CHRISTINE SAMS MAY 6, 2018

He made his fortune selling home loans, but now Mark Bouris is advocating a change to tenancy laws, saying the government should aid the introduction of long-term leases.

Bouris said Australian cities including Sydney and Melbourne need a rental system for tenants similar to Paris or New York, where long-term leases can typically last for decades.



“I think we could end up there, maybe not right at the moment but we will end up there,” he said. “What’s going to happen, with lending regime the way it is, you’re only going to get certain numbers of people who can afford to, or be qualified, to buy an investment property.

Bouris says Australia should embrace a rental system like Paris has. Photo: Peter Braig

“They’ll just keep buying all the investment properties,” Bouris said. “What they’re better off doing is actually putting good tenants in there and putting them in there for 30 years”.

“If you get a good tenant you should stick with them, that’s the bottom line,” he said.

Bouris, starring in television show The Mentor on Channel Seven (based on his podcast of the same name), has his own theory about renting versus buying.

“I have a view on real estate ownership, nobody actually owns real estate. You can’t lay down and hug it on the ground, you don’t own it, OK? What you have is the right to occupy against everybody else,” Bouris said.

“Now whether it’s for life, or the rest of your life, or for forever … it might be a 90 year lease or the next 25 years, it’s all the same, we’ve just got the right to occupy. And all we are is minding that bit of real estate, looking after it for the next 20 or 30 years or for the rest of my life, until the day I die.

“So the concept of ‘do I own, do I rent?’ I think it’s nonsense,” Bouris said.

The Victorian government announced last year tenants in the state would be allowed the option of 10-year leases as part of a standard tenancy agreement.

Bouris said despite Australia’s obsession with buying houses, long-term renting is seen as completely normal in other major cities, “especially in Paris”.

“And you can transfer the lease [in Paris],” he said. “I buy the lease from you, I get the lease, it’s a good deal, it might have another 20 years on it.”

The businessman described it as “an Australian thing” to be caught up in the labels of buying versus renting.

“But I don’t think young people think that way,” he said. “In our age group, it’s a status symbol, it’s an Australian thing and I think it’s an American thing too, but it’s not European”.

He said removing the need to keep up with the Joneses “would take a lot of pressure off everyone, everything”.

“Maybe the government should be doing something to encourage people to offer long leases and to people to take long leases and make them tradable.”

“I’d love to see that actually, I think it’s great,” Bouris said.

Mark Bouris stars in The Mentor on Seven on Mondays at 9pm. His podcast The Mentor is available via PodcastOne.

___________________________________________________



According to PT. Bali Affordable Lifestyles International. (PT. B.A.L.I.) who have managed award winning PT. Bali Luxury Villas for the past 13 years, an ever increasing numbers of Baby Boomers are retiring in Bali each year. 



Fact is that 25% of the world’s population, born between 1946 and 1964 labelled as the baby boom generation are now retiring. 

A large portion of those boomers are currently living near Bali will want to retire here adding a whole new demand for Bali real estate for the next five to ten years.

PT. B.A.L.I. reveals that of the 55 Luxury villas that they manage less than 5% were occupied by Baby Boomers 13 years ago. Now over 25% are full-time retirees.

www.baliluxuryvillasales.com
P.T. B.A.L.I.’s research department has recently concluded that in the coming years Asian and Australian baby boomers, within a few hours flight from Bali will choose Bali as their retirement location. 


For example, in Australia it is estimated that 25% of its 25 million population are baby boomers. 

That means there are going to be 6,250,000 boomers seeking less-expensive, more comfortable retirement locations soon. 
According to a recent poll "50 % of Australians are now buying outside of  Australia". Bali will certainly be on their short list.

"50 % of Australians buying outside Australia"

Add another estimated  1% of the 1,250,000 New Zealand Baby Boomers and Bali may have a huge increase in real estate demand from these two counties alone.

If Bali only receives 1%, of those Boomers that is 6,250 Australian and 1,250 New Zealand baby boomers seeking to buy or lease a Bali home for the next five to twenty years. 

Add to that new demands from the 1 % of boomers from Japan, China, Korea, Taiwan, Singapore and Jakarta who want to retire in Bali that is another 7.5 Million buyers.

You don't have a P.H.D. in Economics to conclude that these new demands on Bali's limited real estate supply will drive demand and prices through the roof the next five to ten years.

The reasons for Australian’s retiring in Bali are numerous. As one long time Australian resident of PT Bali Luxury Villas in Sanur stated, “it just doesn’t get any better than Bali”. The cost of living that is estimated to be over 60 % less than Australia is one of the biggest draws






Here are the main reasons Baby Boomers are retiring in Bali.
  1. According to research competed this month by PT. B.A.L.I., Overall Bali is 62% less expensive for baby boomers to live than in Sydney or Auckland.
  2. Home prices are 60% to 70% less to rent, lease or purchase.
  3. Transportation is also 60% to 70% less. 
  4. Proximity to Australia, 6 ½ hrs. to Sydney, 2 ½ hrs. to Perth or Darwin.
  5. Bali’s crime rate Index is 30 versus Sydney at 38, or 21 % less.
  6. Great year-round Average temperature of 30°C.
  7. Balinese are some of the friendliest and most honest people in the world.
  8. Large 2-bedroom, 2-Bath Luxury Villas with private pool starting as low as $200,000.

    Free Educational Seminars: 
    Bali, Sydney, Auckland.


Discover how you c
an retire in Bali and live in luxury with private maids for a fraction of what it cost in the west.
Attendance is free and thoroughly educational from a 21-year expert on Bali real estate.

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Email: seminarsptbali@gmail.com or Tel: Office: 62-361- 284069 

For Bahasa English 62-8123814014 – Bahasa Indonesia or 62-8123632177

At these seminars you will learn about:


-The Past, Present and Future of Bali and Indonesian real estate. 


-Why a recent official clarification of foreign ownership laws allows foreigners to totally control Indonesian properties for up to 80 years. 


-How to avoid legal problems and make sure a property is safe. 


-How to avoid complicated real estate laws affecting Indonesians married to    foreigners. 


-Why this is the second-best time to buy this century. 


-Where are the best locations to retire buy for maximum profits? 


-What type of properties will offer the best retirement benefits and investment potential of *10% to    20 % per year? 

-Discover how you can sell your property fast for the highest prices and lowest commissions on a brand-new web site designed after the largest most successful real estate site in America with high tech search features.


-An opportunity for a free listing on B.A.R.E. First Class Beachfront property at almost 50% discount. 


-Low cost properties with Luxury Villas starting as low as U.S. $158,000 for a three-bedroom 650 m² 3-bedroom, 4 baths with private 9 mtr. Pool.


-Ridiculously low-priced ocean view building lots starting as low as U.S. $25,000 for 500 m². 


-Ocean front property in first class complex at 50 % off 2014 prices. Brand new retirement villas starting at U.S. $195,000.

- Brand New First time offered two bedroom, two bath 200 m2 private Bali Luxury Retirement Villas stating at $198,000.

Free Seminar Schedule:


1. Sydney: Saturday - June. 23rd. 2:00 PM - 3:45 PM  SIGN UP HERE

2. Sydney: Tuesday - June. 26th 6:30 PM - 7:45 PM  SIGN UP HERE

2. 
Auckland: Thursday - July. 19th 6:30 PM - 7:45 PM SIGN UP HERE

4. 
Auckland: Saturday - July. 21st 2:00 PM - 3:45 PM  SIGN UP HERE

*Important Notice. Seminars are informational seminars only. No sales or orders will be taken at the seminars. The location of the Sydney and Auckland seminars will be announced after we determine the size of audience the week before the seminars.

About PT. B.A.L.I.

Pt. Bali Affordable Lifestyles International (PT. B.A.L.I.). does business as Best Asia Real Estate and Manages PT. Bali Luxury Villas
Partner, Notaris Azizah , Owner, President Lawrence
It is owned by a Canadian 21 year resident of Bali who is a Developer, Realtor, and Hotel General Manager.

His partner and spouse is a fully licensed Indonesian Notaris with a master’s degree in Indonesian Law specializing in real estate, corporate and Marital documentation. 

Their 135 professional staff provide a one stop professional, efficient location for Buying, Selling, Leasing and Renting Asian Real Estate.

135 Staff Strong Award Winning PT. B.A.L.I.

           They are a Seven-time Consecutive Certificate of Excellence recipient on the Worlds Largest Travel Site. This places them among the top 10 % of hotels and villas listed by Tripadvisor worldwide.

"Recipients Hall of Fame Award, awarded to only 2 % of the Hotels listed on TripAdvisor World Wide"
They are also one of Asia’s best-known travel and real estate investment experts. 

They publish the daily Bali & World News & Views Blog which combined with Bali News and Views Blog has had almost 1,500,000 pageviews. They also publish the Best Asia Real Estate BlogFacebook and Twitter posts. They offer free real estate seminars throughout Asia every quarter.  

     Head Office: Jl. Karangsari # 5, Sanur, Bali, Indonesia 80228
Tel. Office: 62-361-284069 Fax: 62-361-270143
Branch Office: Bali Paradise Beach Estates, Pantai Purnama
Mobile: or WhatsApp: English: 62-8123814014 Bahasa Indonesia: 62-8113864993 Email: lawrenceptbali@gmail.com Skype: baliagents 

Disclaimer: All information presented above is considered true and reliable to the best of our knowledge at the time that it was published. Information and prices may change without notice. The owners of PT. BALI AFFORDABLE LIFESTYLES INTERNATIONAL doing business as BEST ASIA REAL ESTATE and PT. BALI LUXURY VILLAS accept no responsibility for incorrect information listed herein. All recommendations may lose value in the future.


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