• Jolteon
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      467 months ago

      3 years is definitely a good amount of time to get a solid down payment. It’s not like a 25-year-old is going to buy a house with cash.

      • @[email protected]
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        147 months ago

        Depending on what anon does it’s possible. The flag is Portuguese you could pick up a one bedroom apartment for 3 years wages if you don’t live in Lisbon. Or in Lisbon if you have a good job.

    • @[email protected]
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      7 months ago

      Either they work oil wells in bumfuck South Dakota or they are a SRE with a Silicon Valley company.

    • @[email protected]
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      87 months ago

      My area, you can get a house for 100k, a better one for 200k. If you’re saving most all income from a 75k job like programming, seems reasonable to be able to afford a house in that timeframe. But that’s with very very little spending and still pretty cheap houses.

            • @[email protected]
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              7 months ago

              You work on the internet, my God

              Half our team is from Spain and we pay us wages.

              Don’t be silly, market abroad

              • @[email protected]
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                237 months ago

                No, you don’t pay us wages. You adjust for local CoL like every company on earth, or you wouldn’t hire in Spain.

                Even in a fantasy world where your company is a unique snowflake that pays 150k a year independent of location, those are a dozen jobs for a country of 50 million people.

                • zeekaran
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                  47 months ago

                  As a note, my company, a fortune 50 company, does not adjust for cost of living. They adjust to cost of labor.

                  So if they were to magically hire overseas (not a thing they do), they would pay people from Spain average Spanish wages for the industry.

                  • @[email protected]
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                    17 months ago

                    Yep, that is actually the correct term, cost of labor. I work for a smaller one (NASDAQ 100) and they do hire remote and do adjust for cost of labor.

                • @[email protected]
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                  7 months ago

                  Are you saying folks can’t hunt work overseas? These ludicrous. Of course taxes are paid

                  Edit we don’t pay 150, but around 80 for junior

              • mstrk
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                27 months ago

                You’re probably talking about contractors and gross pay. That’s probably why people here are misunderstanding your statement.

          • @[email protected]
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            7 months ago

            In Germany it’s difficult to get past 75k.

            I current have 52k and they refuse to pay more after 4 years of experience.

    • @[email protected]
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      17 months ago

      Huh? Rates are crazy but you don’t need much to get into a reasonable loan. If they had a semi decent job, say, 75k a year, and legit only paid for the things they mentioned, they’d have enough for a down payment on a modest place ez.