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Exactly. Getting paid less and therefore forced to relocate to a cheaper place is very detrimental. You build less real estate equity. And there is less room f
by nextos 4y ago
Exactly. Getting paid less and therefore forced to relocate to a cheaper place is very detrimental.
You build less real estate equity. And there is less room for saving cash.
In general, living in very expensive cities is great for saving cash if your salary is proportionally higher. Saving 10% of a median Lisbon salary is a lot less than 10% of a median SF salary.