Re:Portugal bans bosses texting staff after-hours
by tkiolp4 on Friday November 12, 2021 @08:54PM
(#29206638)
It always surprises me these kind of calculations. When one earns minimum wage or a bit above that, concerns are paying the rent, the bills, food. But when one earns enough to be comfortable paying all of that, one should be a bit worried regarding the topic of living by renting instead of buying a property. Earning 3K euro per month means you probably can afford a mortgage but you will be paying it for 30 years… that makes me sad. My main point is: Not even “good” salaries such as 3K euro are enough to afford a decent house in Europe without having to pay it for 30 years.
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Re:Portugal bans bosses texting staff after-hours
by odshoifsdhfs on Friday November 12, 2021 @08:59PM
(#29206662)
You can probably buy something, and not even spend 30 years paying it. I am looking at an apartment right now for 169 that I think they will accept 150k. Assuming no downpayment (banks won't allow it but easier to do math), I could pay the same as rent and have it payed of in 15 years (about 900 a month).
But in general, no, housing market is out of reach even for the middle class and sometimes middle-upper class here (and other places in Europe). But that is what happens when money making machine goes brrrrrr, inflation goes to 5% and the likes, and the central banks still keep interest rates close to zero. Rich will get richer, and the poor, well, fuck them right? /s