It's actually worse if you moved to the middle of nowhere for your job.
But if you live in a city there are plenty of employment opportunities. Its what enabled them to become economic hubs.
The government in my country once tried to get companies to move to undeveloped regions. It was an unmitigated disaster. No homes, no infrastructure and if your employer goes bankrupt you're stuck in the boonies.
Well if one has worked there for 10 years or so, a year's salary in one go certainly helps a lot with a downpayment on a house!
Where I live in Spain we have to downpay 30% and a mortgage would generally be granted to about 3x the annual salary. So to get a third of that would be quite significant.
Yeul|1 year ago
The government in my country once tried to get companies to move to undeveloped regions. It was an unmitigated disaster. No homes, no infrastructure and if your employer goes bankrupt you're stuck in the boonies.
wkat4242|1 year ago
Where I live in Spain we have to downpay 30% and a mortgage would generally be granted to about 3x the annual salary. So to get a third of that would be quite significant.
unknown|1 year ago
[deleted]