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I think it’s more that at a certain income, you kind of plateau. You can afford all the little pleasures you want, but you couldn’t meaningfully improve your li
by nicbou 7mo ago
I think it’s more that at a certain income, you kind of plateau. You can afford all the little pleasures you want, but you couldn’t meaningfully improve your life without doubling your income. It would not get you a nicer apartment, would not make a house more affordable, and would not give you more time to enjoy travelling.
It seems to me like in Germany, the rock bottom is high but the glass ceiling is low. I am very happy with this, but if you are nearer to the ceiling, it can feel cramped.
- ernst_klim 7mo ago> I am very happy with this I'm not. If you are european and will inherit something it's fine, but if not you'll barely be able to afford a house and a tiny investment portfolio. And at the face of the immense collapse of a pension system it's pretty grim.
- nicbou 7mo agoIt’s a mixed blessing. I am Canadian, and I prefer my quiet life and small flat to always being at work or mowing the lawn. I am always stunned to see how much people back home work. My friends in Germany have much more balanced lives. If it makes you feel better, the pension system is collapsing everywhere. The scarier part is how we will find the workforce to care for us, but I digress.
- gzread 7mo agoThis is all about how the housing market is structured, not the amount worked. If people worked even more, house prices would rise further to cancel it.
- zozbot234 7mo agoThe housing market is heavily location dependent, if you want to avoid rising prices you should just move out.