How long have you been saving equity for your house?

Why are the 80k net constantly quoted here when private health insurance contributions are still deducted from that? If I'm not mistaken, that leaves about 67,200€ net, so 5,600€ net per month. According to Statista, the average income is about 4k gross -> for dual earners, this leads to about 5k net. So the two teachers are not particularly far above average....

MEDIAN family income, not AVERAGE income. The average is significantly higher because many people in the upper middle are much further above than those at the lower end. With such asymmetry, the average is therefore an almost meaningless value.

I don't understand how house prices can increase by 5% to 10% every year without salaries rising similarly.

I don't understand how house prices can rise 5% to 10% every year without salaries increasing similarly.

Because they are paid. Quite simply. That only stops when effective demand no longer absorbs the supply. HOW are they paid despite incomes not keeping up? a) cheaper interest rates b) more equity from the first post-war heir generation

MEDIAN household income, not AVERAGE income. The average is significantly higher because enough upper-middle earners are considerably further apart from the lower earners. With the average, you get an almost meaningless value in such asymmetry.

The discussion was about two teachers with full-time jobs, therefore two full incomes, and not about families with only one income. The median household income simply averages out these effects... So if the question is "Is 67k net a lot for dual earners without children?" the answer must naturally be different from the question "Is 67k net a lot for an n-person family with only one income?"

Nice to see how all the high performers are blowing their mornings here... Sure, flexible working hours and all that ;)

:D I've been thinking that for years. By the way, I have a late shift today... that also adds to the low-income status, by the way SK 4, on top of that :rolleyes:

I don’t understand how house prices can rise 5% to 10% every year without salaries increasing similarly.

Because salaries are not fully spent on housing. Ultimately, it’s about priorities, what you want to spend how much money on. Then it’s just 40% instead of 30% of the salary.

The rest is taken care of by equity.