Re:Amsterdam's Plan: If You Buy a Newly Built House, You Can...
by AllegedAlec on Thursday March 21, 2019 @02:44PM
(#19455902)
Not really. With a slightly above modal salary, I can get a mortgage of roughly 180K, if I didn't have a student debt. A house, on average, will cost somewhere in the region of 300K this year.
Not that rent is more affordable though. Most not rent-controlled places require you to have a yearly income of around 50 times the monthly rent, which ensures it's nigh impossible to get any sort of decent place on a single income.
Of course, all of this is near the larger cities. In the countryside, you could probably get the same sort of place for two-thirds the money. However, you'd probably be travelling at least 1.5 hours one-way to your work.
Not that rent is more affordable though. Most not rent-controlled places require you to have a yearly income of around 50 times the monthly rent, which ensures it's nigh impossible to get any sort of decent place on a single income.
Of course, all of this is near the larger cities. In the countryside, you could probably get the same sort of place for two-thirds the money. However, you'd probably be travelling at least 1.5 hours one-way to your work.