Re:Some 4.5M Japanese aged between 35 and 54 are living with...
by gluggymug on Wednesday April 19, 2017 @01:33AM
(#14145674)
How long have you had your current job?
Median tenure is falling I believe. And employees in their mid-twenties and thirties have way lower tenure than those in their fifties. I think it's about 3 years as opposed to 10 years. Job-hunting is much more prevalent.
Granted, we're smart folks, who could finish a bachelors in four years, and got degrees in subjects that lead to well-paying careers. We also chose to live in a part of the country that isn't stupid expensive.
If you're a first-time home owner, you can get an FHA mortgage, which has a low down payment and low interest rates.
Real estate inflation is a problem, but if you live outside of the ridiculous areas, that million dollar house is only 100k-250k. Which is entirely feasible on an engineer or developer salary in those same areas.
I don't make half of what I could make in SV or NY, in gross terms, but for where I am, I'm very comfortable.