Working in IT with a halfway decent salary in the film industry of 45...

I can see the same for Bavaria.
shit ones will be cheaper, but the rest well stay the same in a crash

as much as we talk about crypto here, do the gambling:
buy 2-3 BTC of you can a just hold it, don't fucking play around, just hold it.

BTC value will increase. $100k in 2020 is not delusional and conservative.

having a starting budget of $200-300k wouldn't be that bad, right?
you almost cannot lose unites you stay trading, don't do that. buy BTC and forget it until it reaches your desired fiat value.
go buy your flat after 2020 ;)

How is the situation in cities ? Gf and I have bought a 85sqm appartment in the centre of Lyon (2nd most expensive city here) for 320k. Both on slightly under average salary, but we got a 1% fixed rate loan.

one friend did that, bought BTC and keeps it

I feel bad for eurocucks. I live in gated neighborhood, 4 bedroom 3 bathroom house, 3 car garage, with a pool/hotub that was built in 2008 and I bought it for 470k USD, it's worth around 490k-500k USD now. It's also in a fairly big city.

already gambling with about 4k (currently 12k worth) in crypto, but it's not really cutting it.

On my way to founding a business on my own. No McDonalds tier stuff, classy B2B in the construction industry and automotive stuff.

Anyways, I still feel cheated, since my parents were able to inherit their house with a basic education, a salary comparable to mine and a credit which they will pay off until they're 60. Not the best solution bit still they were able to afford it somehow.
The case for most people today is, that with a normal wageslave job, you're simply not able to afford any of the luxuries that the fucking boomers had with almost NO effort.

>but we got a 1% fixed rate loan
Gj, you have saved your ass

people are leaving the country formally known as France, no ones buying your bags

If only, my city has a 10% yearly growth from northerners mostly.

>in a city
try 2h away from downtown by car

Berndbro, move to Ukraine or eastern Poland. its cheap, white and safe.

that doesn't look like denmark as the flag implies. it looks way too hilly. that is unless its on the island of greenland

>safe
Ahahaha

It's the flag of Savoie, it seems it's in France.

that's true, never thought about that desu

the only way of endangering yourself there is by showing you own a lot of money. not healthy

probably similar prices for other mid tier places here in the south of Germany.

Munich and vicinity is the most expensive metropolitan area in Germany.
a 80 sqm apartment (not in city centre, but further away) starts at 500k EURO, but I saw new apartments further outside for 600k+
it's crazy shit.

I bought a small apparent for rent 20sqm with furniture and ready to move in. price was 170k€ monthly rent is around 900€.
if I earn some nice BTC profits, I would like to buy more of those.
demand demand demand... crazy shit

>Danish flag
The absolute state of Danish cuck education. It's a flag of fucking Savoy.

even without crypto.
170k EURO and 900 EURO each month you can calculate that after around 20 years you are debt free and paid all taxes if nothing bad happens.
that's how you make money, you take debt and let others pay for it, you only hold the liability of it goes to shit, if not, you're richer than before

lol thats cheap you bastard, buy now
look at prices in Stockholm

refugees need places to live more than you bigot

they live in a nicer place than you are and they live for free while the government pays for it by renting from private market, which charge more than usual, worsening the situation for the common folk.

if you sum it up, refugees brought a lot of problems we never had in Europe before

is this rent including heating?

Yep. Friends of mine are renting a 70sqm apartment in Lyon too, they pay 1200€ a month, which is exactly my monthy loan payment. In the end I own a flat and they own nothing, but we pay the same. With the currently low interests, it's a bit stupid not to buy if you see a good deal.

Good thinking, not everybody sees that.

that's everything included, it's targeted for long business stays, but some wealthy foreign students stay there as well before they find something better and cheaper.
in the end I just have to pay taxes for this rent "income", rest is for the bank, I pay nothing out of my own pocket, it is self sustaining

>UK
>Property crash

Ok laddie here is why you are a fucking retard
>0.5 base rate which will not be going anywhere for another decade
>Population explosion
>Buy2rent cartels
>Zero reason for construction firms to build faster with flocks of buyers fighting over their stock and cheap credit.

With average prices hitting 300k and typical wages 20k things are going to get much worse before they improve.

Munich's apparently got similar weather to Cheyenne, Wyoming.

Here's the kind of property you can buy in Cheyenne: zillow.com/homes/for_sale/Cheyenne-WY_rb/

that's nice, but I won't be moving to burgerland ever. I rather cope with the refugee situation here than going to murica.

btw your burger houses are made of shit of I compare them to Europe. houses here are made to last, made of brick and stones, not cheap wood. that's why it's way more expensive to buy a house in Europe.

>it's way more expensive to buy a house in Europe.
Not that much actually. It's simply that Americans have 0 standards and don't give a fuck about having a 3h-long daily commute by car.

You're tying yourself to Lyon, while they aren't. I'm barely 32 and have witnessed a decline so brutal in my short life I don't know if this country has 20 years left in it. Maybe you're making the right bet; just saying it used to be home ownership gave you peace of mind, whereas now being location independent is what people seek. There is always a premium on comfort.

>tying myself
Nope, I can sell and buy elsewhere. I bought about 20% under the market price in the area, I expect to make good money in that. After all stone is still the least volatile asset.

you can always keep it, rent it and live to live elsewhere and rent your new home there.
no need to sell it.

this "tying yourself" is just an excuse for people who don't take the risk of buying a home.
I always thought I'm tying myself to a specific place (what I didn't mind), but I know other families who lived out of their own city apartment, have rent it and for that same rent they are renting a big fucking house outside the city.

*who moved out of their city apartment

thank you sir. I share your thoughts!

>as much as we talk about crypto here, do the gambling:
>buy 2-3 BTC of you can a just hold it, don't fucking play around, just hold it.
Lots of scenarios like OP will happen in future. Younger people are going to continue to be priced out of options in life. Anyone under 30 needs to get extremely aggressive with their investment chances to make it.

wtf u talking about...London prices have been rising for years. I had to pay £760K for a semi in west London a few yeard ago and now similar houses on the road are going for over 1.3million.

You could also invest your mortgage in other financial assets and you would easily yield more rendite and revenue than in real estate.

>Rent where you live, and own what you rent to others.

yeah this user speaketh the truth.

I have a few BTL and all rented to EU wagecucks.

It all depends on the location. I just bought a 3-room apartment with 160k€ in a major city in Italy. Which is around 100 times what I earn in a month, and I earn little more than the minimum wage, looks quite manageable to me.
If you want mansions or luxury apartment in London or Zurich, yea you need to earn mad cash.

What other kind of safe and steadily valuating assets are you thinking investing in ?

munich is hell, how do people manage those rent prices, how are people able to buy a house at these prices, i just can't fathom it... I simply can't believe that this will go on good for long

How do you get a job in IT that isnt a boring office job?

maybe i wouldnt hate wagecucking so much if the people around me didnt want to kill themselves as well

go into interesting fields as cyber security or specialise in stuff that is intersitng. I narrowed down to systems for the media and entertainment industry.

sadly this will go on for a while.
too many wealthy players from unstable regions (especially middle east) are parking their money in real estates.
it is safe to do that and on top you will probably leave with more money than you entered with....

that's the true story.

no-one with a normal salary can afford it it they don't plan to be in debt for 50 years to the bank.

crypto (for all its delusional participants) can be a way to be a house owner one day. if not, at least you tried...

Join military, get sign on bonus for a needed MOS, make sure it translates to high paying salary civilian job, enjoy

You’re welcome

I second that.
security (white hacking, but not only) is in high demand because not enough qualified purple on the market = high salary demands

...

German military sucks desu. No funding at all and they will suck everything out of the good people for a shit payment.
My ex roommate was working for Bundeswehr for 10 years as Offizier and is happy to leave that shithole.

a prefabricated house, just ground floor with about 64sqm + roof truss costs ~200k€ a basement would be 30-40k€ not sure about the interior work and roofcovering + storefront but i would add another 60k at least. i work as a mobilecraneoperator so i chitchat a lot with people who are building houses. add 50k at the very least for a small property that is barley as big as your house is in a rural area. furniture and what not and you are paying about 400k€ for a home that just about big enough for a family of 4.
i work ~60 hours a week give or take and earn 2-3k€ a month depending on the hours. i manage to safe 1-1.5k after rent car and shit. lets say i want to buy a house upfront without falling for the debttrap i would need to safe for about 25 years living frugally as fuck. thats fucked up user

over the last for months i put in 6k euro into crypto 40% ETH 20% BTC and the rest is in shitcoins. im down ~35% from initial investment. i consider that money as lost and wont sell a single satoshi before i see a 2x of my initial investment at least. i have 7k sitting in the bank and i dont want to throw away more money. will i regret not investing more like i regret ignoring crypto for 4 years thinking it is probably a ponzi before buying high?

German real estate market will crash hard soon when all the old people and boomers die

If you sell it for crypto i'll buy it.

>selling a real world asset for internet fun money
shiggy

are you dumb?
the old farts have old rent contracts, when they die the owners will renovate the shit hole the old farts lived in and rent it for 2x the old price if not 2.5x.

this is business. old people don't have money, there are only a small percentage of old geezers who are wealthy, the rest is piss poor

>internet fun money

As if fiat was better lol.

the dream is to hold at least one full BTC and to keep it for 5-10 years, maybe you can buy a house for that.

same advice for you. are you willing to keep $10k in crypto, potentially lose all, but more likely cash out big in some years and buy your new shit hole?
why not trying, you either win or lose.
just don't use money you will need in the way before BTC hits the desired value...

Fiat can buy you many tangible things. What can you buy with internet funbux ?

fiat is the same shit.
my great grandma hodled this Eastern Europe fiat for decades until the cold was ended and everything went to shit.
her big saving was barely enough to go for dinner with the family one time.
call that a ponzi...

That's the point. You're operating under the assumption there will be a market to sell it back the moment you change your mind. I live in Paris suburbs (not 93...), and I've seen so many friends take a loss on their house to be able to move. They didn't make bad deals either when they bought. Nobody foresaw 99% white towns would turn into nafri dumping grounds so quick.

Lyon is likely on the safer side, but 10 years ago, right after the crisis, every expert said the same thing about the housing market around my area. Things can move pretty fast these days, even with something as historically sound as stone anyone who thinks they can see 5 years in the future is only fooling himself.

Paris is a dump, everyone with a brain is leaving. I know people working there who prefer to live in Orleans or Tours and take the TGV every day rather than living in this garbage city. The whole region, suburbs included, are bleeding people. No wonder why you cucks want niggers so much.

>Lyon is likely on the safer side
Probably, since the city actually cares about safety. In Paris, the police can't arrest minorities because it would be raciss.

Ah, I see your new to all this. You see, there's a little thing called 'being in the biggest credit bubble in history'. Every credit bubble pops, no exceptions (in fact, the FED and PBOC are both trying to deflate the global credit bubble before it bursts of its own accord)

shits fucking frightening to think about being 26 now. Currently making about 60k and looking to buy a home in my area for around 150k, that on top of crypto I'm angling to own a home and have some kind of serious investment portfolio by 30

Fuck, are you me? 26 in September and making the same amount. Can't fathom the thought of paying more than 150k for a house, but everything in my white suburban area is 240k+

Help

Here is my plan, find a house not in the area for 150k and get a loan. Then spend the next 4-5 years living frugal as hell grinding to pay it off early. This is calculated on my current pay rate, I anticpate making 30% more than I do now this year. Good luck user

Same story on one side of the family too, EE

Where the fuck are you that 240k is a lot? Please, I wish I could pay that much. 24 in NYC making 55k and a single family house here is 700k. I dream of moving southwest where I can buy a nice big house for 350k, I'd be fine with that.

better being poor than nazi german lol

>I dream of moving southwest where I can buy a nice big house for 350k, I'd be fine with that.
then move, what is stopping you

Already born into a family with 36 acres of land. I'm good.

>france
>literally overrun with nig nogs
Nobody wants to live in little afrikka user

Ill sell you a 600sqm brick and mortar mansion, private pool and jacuzzi, mountin view with 63ha for 2btc. Its in Bosnia, no mines on the land.

Only 2BTC, 600sqm 12 bedroom motherfucking mansion

Provide pictures of the property

you will hold forever, btc is dead. Everyone itt is dumb. Sage

I would love to do this as well, my concern is that there are much less jobs for my expertise in these areas, or the pay would be lessened to such a degree that my purchasing power would be the same despite the difference in location.

Also I'm not the user you initially replied to, just popping in.

My interest is also peaked

wow piqued *********** good lord sorry all.

Bosnia? Isn't that like a license to get kidnapped, murdered, etc?

we wuz milionaires

I want to stay in NYC living with my parents for a few more years because the salaries are phat to save up money. But yes I am moving within a few years, that's the plan

Just...

I made the mistake of moving to Paris but that's where business is.
I hate this, I am looking at apartments to buy but they are poorly lit old disgusting pieces of shyte.
500k for the estate equivalent of a rotting corpse, who said the French had taste? I'm jealous of you nordics and suburbia americucks even if it's wooden sheds.

en.wikipedia.org/wiki/Paris_syndrome

No he doesn't mean "people think it's super romantic but they come here and it's actually just a regular boring city."
He means "20 years ago Paris was great but now it is so overrun by North African 'migrants' and refugees that it is like a third world country."