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by mopsi
810 days ago
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You just don't hear news about affordable places because there's nothing to report. In Europe at least, housing is quite affordable outside of major cities and tourist hotspots like Ibiza. A couple with average income can get a nice home with reasonable ease in secondary cities. All you need is a 20% down payment and a steady income, of which your payments must not exceed 35%. This is not a very high bar. And it's not like the price of all real estate is that high either; the average price of 1 sq m was 3k EUR in Germany in 2023 and a typical apartment is 80-90 sq m. |
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In the Czech Republic, an average monthly salary buys you about half a square metre. Supposing you don't spend on anything else. And most people earn less than the average...