I don't feel like discussing my personal situation on the Internet. And was careful not to imply otherwise.
That said, I was considering relocating to Germany and researching the country as best I could. I do prefer European lifestyle, but the salaries are just a non-starter.
You can easily check the numbers I give though. Any specific mistakes there?
Btw, why are you so defensive about the fact comp is so low in Europe?
> your math is not mathing really (what 20% downpayment?).
> what 20% downpayment?
20% downpayment is generally expected by German banks if you want to take out a mortgage. Don't take my word for it, check yourself.
500K Eur x 0.2 / (12 * 1K Eur) = 8.3 years.
You implied that saving 1K a month is some absurd goal. I'm trying to show that's tablestakes if you hope to ever own a home.
That said, I was considering relocating to Germany and researching the country as best I could. I do prefer European lifestyle, but the salaries are just a non-starter.
You can easily check the numbers I give though. Any specific mistakes there?
Btw, why are you so defensive about the fact comp is so low in Europe?
> your math is not mathing really (what 20% downpayment?).
> what 20% downpayment?
20% downpayment is generally expected by German banks if you want to take out a mortgage. Don't take my word for it, check yourself.
500K Eur x 0.2 / (12 * 1K Eur) = 8.3 years.
You implied that saving 1K a month is some absurd goal. I'm trying to show that's tablestakes if you hope to ever own a home.