Re:Why America's economy is soaring ahead of its rivals
by DanielHB on Thursday December 05, 2024 @10:22AM
(#42329046)
I said suburbs in Europe, not downtown. Downtown is unaffordable EVERYWHERE in the world, even in 3rd world countries.
Re:Why America's economy is soaring ahead of its rivals
by Cumpiler69 on Thursday December 05, 2024 @10:25AM
(#42329079)
Suburbs are cheap where? On what salary? Munich suburbs are equally unaffordable to buy something on a Munich wage, unless you're talking about buying in the boonies where you need to drive everywhere but that's no longer the suburbs but a whole different city/village, or you're a high roller at a FAANG, but that excludes 95% of working class people.
My ex originally is from there and I used to work there and my colleagues from the Texas office had more purchasing power at local real-estate than their counterparts from the Munich office.
Where? Appartements in downtown Munich cost as much as in San Jose but salaries are one third of that.