Started last year searching to buy a house, then moved to searching for an apartment and now looking at Lego bricks.. Live in the CZ.
Yep. I have friends in Warsaw regularly paying half of their salary for rent. Other friends, in Berlin, usually spending ~30% of their salaries on it, don’t believe me.
*screams in low and stagnant wages, rapidly rising food prices and housing market so unaffordable to normal people that it seems hard to believe*
The problem is economic vultures from the Arab and Asian world buying all the good property as a means to get even richer, to the detriment of CE citizens.
Big investment funds want us to pay for renting. You want to own flat? How dare you! I am 24 living with parents and I save 3/4 of my wage to afford initial 20% pay for mortgage. Living in Eastern/Central Europe sucks.
To be fair, this is what Western Europe is experiencing since 2000…
So the article mentioned Czech Rep, Poland and Hungary.
I guess you guys finally won and are Central Europe
I’m starting to think that the EU’s anticompetitive and open market laws have fucked citizens in the end:
– almost no more state built/subsidized apartments which led to skyrocketing rents and real estate prices
– very high train prices so people chose to fly or drive instead which fucks the environment
– high prices for electricity and on top of that we’re still subsidizing energy companies to expand their network.
I can tell at a glance that this article is propagandistic garbage designed to promote the unhealthy, soulcrushing, destructive, bankrupt suburban hellscape that has ravaged cities in North America. Its even in the title: The concept of “first time buyer” is entirely derived from NA suburban culture and makes no sense in Europe.
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This news didn’t really improve my mood.
Started last year searching to buy a house, then moved to searching for an apartment and now looking at Lego bricks.. Live in the CZ.
Yep. I have friends in Warsaw regularly paying half of their salary for rent. Other friends, in Berlin, usually spending ~30% of their salaries on it, don’t believe me.
*screams in low and stagnant wages, rapidly rising food prices and housing market so unaffordable to normal people that it seems hard to believe*
The problem is economic vultures from the Arab and Asian world buying all the good property as a means to get even richer, to the detriment of CE citizens.
Big investment funds want us to pay for renting. You want to own flat? How dare you! I am 24 living with parents and I save 3/4 of my wage to afford initial 20% pay for mortgage. Living in Eastern/Central Europe sucks.
To be fair, this is what Western Europe is experiencing since 2000…
So the article mentioned Czech Rep, Poland and Hungary.
I guess you guys finally won and are Central Europe
I’m starting to think that the EU’s anticompetitive and open market laws have fucked citizens in the end:
– almost no more state built/subsidized apartments which led to skyrocketing rents and real estate prices
– very high train prices so people chose to fly or drive instead which fucks the environment
– high prices for electricity and on top of that we’re still subsidizing energy companies to expand their network.
I can tell at a glance that this article is propagandistic garbage designed to promote the unhealthy, soulcrushing, destructive, bankrupt suburban hellscape that has ravaged cities in North America. Its even in the title: The concept of “first time buyer” is entirely derived from NA suburban culture and makes no sense in Europe.