4 ms·
I don't think I'm misreading 129,600, times ten, is 1,296,000. Did I misunderstand which number they were asserting was 10x? I re-read the post, still looks lik
by cheschire 5y ago
I don't think I'm misreading 129,600, times ten, is 1,296,000. Did I misunderstand which number they were asserting was 10x? I re-read the post, still looks like they're implying a 1.2 million euro price average for housing even outside of cities.
- Nitrolo 5y agoI think they meant ten times the average income, i.e. 240.000€, which sounds about right to me, obviously going higher near big cities.
- zefool 5y agoThe average income in Germany is most certainly not in the 200Ks, and if that sounds about right to you, you need to seriously adjust your priors.