2 ms·

> top 10% tier in the society (in terms of gross income) According to this statistic[0], that should be 39.1% (numbers are for net income, but top two brackets

> top 10% tier in the society (in terms of gross income) 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-situation-in-deutschland/61754/einkommen-privater-haushalte https://www.bpb.de/nachschlagen/zahlen-und-fakten/soziale-si...

fock 6y ago
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...

2 ms·

> top 10% tier in the society (in terms of gross income) According to this statistic[0], that should be 39.1% (numbers are for net income, but top two brackets

by hobofan 6y ago

fock 6y ago
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...