3 ms·

>I'm sorry wtf? Now you know how us European devs feel like in ragrds to wage/housing prices.

• wiseowise 3y ago
  How? Northern Europe salary is more than enough to afford local housing.
  • FirmwareBurner 3y ago
    >How? Come to Austria and see. Same in Germany I think. A mate from Stuggarts has no idea how house prices are justified there looking at his wage. >Northern Europe salary is more than enough to afford local housing. Where exactly in Northern Europe? I heard the Finnish countryside is very affordable. If you can stomach the weather and isolation.
    • yreg 3y ago
      What do you mean? Vienna has rent control and you can rent a place for like 500€ monthly. (City public housing is even cheaper.) This probably also means it's not a great investment to buy property there. There is also the option to live near Vienna and commute by trains.
      • FirmwareBurner 3y ago
        >Vienna has rent control Rent controlled public housing are only for Vienese or long term resisdents of Vienna. I am neither. >you can rent a place for like 500€ monthly Hahah, no you can't, not even close on the private market, in 2024. Maybe during the pandemic you could when travel was frozen and the rental market crashed. >This probably also means it's not a great investment to buy property there. It is. That's why prices are kept so high, so those who own stay wealthy. I don't want a house for an investment tho, just a place to live.
        • yreg 3y ago
          600€ monthly, 9th district, looks nice. https://housinganywhere.com/room/ut902932/at/Vienna/marktgasse https://housinganywhere.com/room/ut902932/at/Vienna/marktgas...
          • FirmwareBurner 3y ago
            Plus another 500€ monthly for gas and electricity written in the fine print, when I only pay 100€, bringing your monthly rent to 1100€, which is closer to the private market value of such a property.
    • smikhanov 3y ago
      What is the higher end of Austrian tech market pay, in your view?
      • FirmwareBurner 3y ago
        The higher end is always the highest you are currently being offered. No point in fantasizing over fictional numbers that you're 99% unlikely to get in order to be unrealistically optimistic with yourself and your financial planning. It's why average/median pay is important.
        • smikhanov 3y ago
          Can’t disagree with that
    • formerly_proven 3y ago
      10x-15x gross income to house price ratio seems pretty much spot on. A dev will earn 50-80k here (taxes are going to be ~40% or so) and a SFH in the area will cost 600-1000k.
  • tonyedgecombe 3y ago
    >Northern Europe salary is more than enough to afford local housing. Not in the UK.
    • mgaunard 3y ago
      you can get paid 300-400k in London and average house price is probably half that of Cupertino. Still tight though.
      • plugin-baby 3y ago
        GBP? Who is offering these salaries?
        • smikhanov 3y ago
          Nobody does in tech. The parent comment got it wrong.
          • FirmwareBurner 3y ago
            I wonder how can people throw around such fantasy numbers with a straight face as if anyone can easy get them with a bit of work and elbow grease. I don't doubt he's making that kind of money but it would be nice to not push cases of obvious survivorship bias as being the norm.
          • mgaunard 3y ago
            Yearly tech compensation ranges from 100k to 1M. I'm sorry you feel like that must be a lie.
            • FirmwareBurner 3y ago
              Yes and I make 5M. A month.
              • mgaunard 3y ago
  • greybox 3y ago
    I live in Iceland, and I can assure you this is not the case. However it has got this bad only in the last year or two