House purchase planning - but completely uncertain

2018-08-01 17:23:33

Worker (family) does not automatically mean that one has lived in simple conditions. Just saying.

It would simply be nice if you also trusted other adults to be able to know themselves, before buying a 500k property with a 2k income, that this is probably a bit exaggerated and can more or less calculate what fits their needs and their circumstances. With you, it’s always just "no equity, why not, probably all wasted, no house"

And maybe don’t get so worked up right away. It’s not good for your blood pressure.

In my case, it does mean that. No pocket money, always working, even during summer holidays. That shapes you, you develop a healthy relationship with money and want to achieve more. Regarding your 2k 500k ratio, it’s actually 5k and no, apparently they can’t calculate, otherwise they wouldn’t be asking here? Maybe the OP needs arguments for his wife. And again, I am not here to cheer on reckless financing or slap anyone on the back but to question critically. Whoever can’t manage to save with such an income simply has to keep renting. Which isn’t negative either.

2018-08-01 17:48:30

Not a single person here supported a Harakiri financing. I usually find your posts quite interesting, but when reading through the thread, I also thought that this went a bit too far. The OP didn’t respond to it, and I wouldn’t have either in his place, because he would have had to justify himself. The message to him was clear: good income, too little capital. And that’s simply where you can leave it. Even without him laying out his CV here.

By the way, I have 200,000 in equity at 32 years old. So I should really know how life works ...

Best regards

2018-08-01 20:50:14

By the way, I have 200,000 in equity at 32 years old. So I should really know how life works...

I have 10 million at 13 years old... Seriously... dick measuring contest... unnecessary...

2018-08-01 22:34:32

Here, not a single person has supported a Harakiri financing. I usually find your posts quite interesting, but while reading through the thread, I also thought that this went a bit too far. The OP didn’t address it, and I wouldn’t have either in his place, because he would have had to justify himself. The message to him was clear: good income, too little capital. And that can simply be left at that. Even without him laying out his CV here.

By the way, I have 200,000 equity at 32 years old. So I should know how life works...

Best regards

Self-saved or income or stock market? Then great. Through inheritance?

I have 10 million at 13 years old...

No, seriously... dick measuring contest... unnecessary...

Only have debt

2018-08-01 22:58:47

I am a banker, father, owner and come from simple circumstances. My wife and I have built what we have now. Back then, when it was about house yes / no. Maybe something smaller and cheaper and live for that, I was mocked by many. We now have a semi-detached house, will be finished in 11 years without special repayments. This year 14 days Caribbean, Christmas 10 days in the sun. Got 2 children. New car is due. Colleagues from Rhein Main made exactly the mistake that the OP is making. Very good income, xxxl house at xxxl price. Now they complain. Can't afford a vacation, what 2 children? Can't afford it. Oh, you have it good. BUT I only have 10 minutes from the xxxxl house to the office. You notice something? Someone who has consumed and lived puts everything to the test with such an endeavor. Even the relationship. Not everyone sinks their money into family affairs. But sorry, that is also part of maturity. The wife works in finance at the utility company. I think it's Süwag in Höchst. So she should have an overview of finances. No way! I'm not here to be a teddy bear but will always act as I see fit. Either you take the criticism or not

From when is it an xxxl house at an xxxl price? How many percent of the salary go into that, for example, so that one cannot afford a vacation or children?

2018-08-02 08:55:59

Anyone who can’t save money on such an income simply has to continue renting. Which is not necessarily a bad thing

No. But in my opinion, you see it too critically. Or rather, you generalize that it must always be due to excessive luxury living. Just pause for a moment before you start and imagine that there can be other reasons for it. However, these are reasons that not everyone here in front of you and countless other readers wants to lay out.

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House purchase planning - but completely uncertain

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