Re:How to find a job as Software Developer in Germany
by fock on Thursday April 22, 2021 @04:06PM
(#26907514)
my grandparents both were classical workers (so apprenticeship for men, nothing for women) and bought their houses, paid off 'til their 50ies (middle income bracket I guess). My parents were academics (probably upper third income bracket), paid off their house 'til their 50ies (my mother converted to housewife after buying the house!). Now, if I were to buy the house my parents live in, I'd have to pay around ~1.5M€ I guess. Not sure how I should do that (with a partner and kids) 'til 50, even being a tad higher in income than my parents.
That being said: after the war, housing was destroyed and had to be rebuilt, nowadays it's there already (and more than enough if I look at my family and others around us). The only problem is that now one doesn't need the lower third of incomes to build it and so it has become a playground for financialization games which basically make sure that wealth will steadily be reallocated one family with too many kids at a time...
According to this statistic[0], that should be 39.1% (numbers are for net income, but top two brackets should fit 60k gross income). In a household with two working people that both have semi-decent jobs you'll have that (and with tech job + basically any other job, you'll beat that).
> Let's say you are at this moment 25 years old, so you'll get your house paid when you are 50.
Yes, that sounds about right, and from what I can gather isn't too different from how it worked in my parents generation. What do you expect? That you can pay off a house in 10 years?
[0]: https://www.bpb.de/nachschlagen/zahlen-und-fakten/soziale-si...