My rent is around 1800 euro, if I’d buy this apartment, my mortgage would be around 3000. That’s for more than half a mil. After 30 years I’d have paid off more than a mil.
The company I rent from just got their financing much earlier, and in very big quantities. (Eg it has 100s to 1000s apartments and houses.)
Every year I make more money, every year the place I live is more difficult to buy.
≥ Mortgage You lost me there, renting is much more expensive than paying a mortgage off
My rent is around 1800 euro, if I’d buy this apartment, my mortgage would be around 3000. That’s for more than half a mil. After 30 years I’d have paid off more than a mil.
The company I rent from just got their financing much earlier, and in very big quantities. (Eg it has 100s to 1000s apartments and houses.)
Every year I make more money, every year the place I live is more difficult to buy.
Depends where and how you live. My rent is $800 a month, but some mortgages are thousands of dollars.
Where the fuck do you live with $800 rent? Middle of Montana? Dead center of Death Valley? Gtfo.
800 if split 5 ways probably
Ikr, just saw an ad for a nearby apartment wanting 1,200$ a month for a studio apartment… in Nebraska
Lakewood, a suburb of Cleveland. It’s overpriced as hell.
$800 Rent is cheap in this economy
Yeah, but I’m not in your economy. Average wage around here is lkke $10/hr.
You pay $500 less than the average American for rent. I think you may be lacking the perspective necessary to engage productively with this topic.
My rent is $500 less than whatever metric you’re using, but our local ecconomy is also lowers than yours.
Average wage here is 10/hr for a factory job. I’ve heard some places like Seattle make $20/hr just working at starbucks.
And keep in mind my rent is basically 1 room.
Again, the “how you live” thing again, in your opinion, what is the “correct” way to live?