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If they saved enough for a house in three years, either they have a highly lucrative job or they’re in a market where homes are cheap or some combination of the two.
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.
Are you suggesting Anon lied???
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.
Either they work oil wells in bumfuck South Dakota or they are a SRE with a Silicon Valley company.
Or they don't live in the US at all. Wild concept, but entertain it for a second
It was a shitpost my dude. Their country flag is literally visible in the OP pic.
I wonder if the Portuguese flag was some sort of clue hmm
They spelled 1973 single wide trailer wrong.
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.
Where do you live that houses are 100-200k and programmers make 75k?
Where are "programmers" making less than 75k in the west?
Portugal, Spain, France, Italy, UK (outside of London)...
You work on the internet, my God
Half our team is from Spain and we pay us wages.
Don't be silly, market abroad
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.
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.
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.
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
You're probably talking about contractors and gross pay. That's probably why people here are misunderstanding your statement.
No
In Germany it's difficult to get past 75k.
I current have 52k and they refuse to pay more after 4 years of experience.
I highly do not recommend it but if you move to America you'll make triple.
Robbery
2015
The UK? Sounds about right in GBP.
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.
Entry level jobs in Portugal are more like 15k a year.
Why would an entry level job in Portugal be ready to buy a house?
Because the screenshot shows someone in Portugal bragging about buying a house and stull living with their parents?
Portugal is like the EU king of living with your parents until mid 20's though, that has nothing to do with career points.
Entry level is not saving for several years.
- 3 years. That's entry level.