The world is starting to look at Australia in disbelief. We are a country with a AAA credit rating yet both our major political parties in state jurisdictions have either expropriated commercially owned assets without compensation or are threatening to do so.

Singapore home sales in February slumped 48 percent from a year ago as lending curbs stemmed purchases. The government began introducing residential property curbs in 2009 as low interest rates and demand from foreign buyers raised concerns that the property market was overheating. Prices surged 40 percent in the five years to 2013 to a record, prompting a cap on debt repayment costs at 60 percent of a borrower’s monthly income, higher stamp duties on home purchases and an increase in real estate taxes.

So, you've decided your home doesn't quite meet your needs anymore. Should you renovate, or sell up and buy again? How do you decide whether to stay put and renovate your existing home, or sell and buy?