>Outside the Helsinki metropolitan area real estate prices are not bad at all.
outside the area where 30% of the entire country lives? ok. the actual number of years for helinski metropolitan area appears to be 10, and is higher than boston and nyc which are both INCREDIBLY expensive places to live. note that is generously comparing the actual cities to the metrpolitan area of helsinki.
the next largest metropolitan area is tampere, which is 6.9 years at median salary. this is very slightly cheaper than where i live which is also a very expensive city to live in. the city i live in is straight up not affordable to buy a house in at median salary.
>Either way if you're top 5% income you can easily afford to buy a house.
they are able to, but this wasnt the point of what they said. you have to be top 5% to comfortably own. doing some number crunching with chatgpt (lets pretend its accurate) to own at median salary in tampere requires more than 50% of your post tax income. that's with a 20% downpayment on a 300k house.
if i got any of those numbers wrong, feel free to correct. in the interest of time, they were done with chatgpt. i believe the prompts and data asked for should be simple enough to be accurate.
>and I'm not too concerned about the top earners starving
should also be noted that this top earning income is the equivalent of 80k USD. if they lived in the US they would be making double that. in the us, this is near median in a lot of places, and quite attainable in most.
outside the area where 30% of the entire country lives? ok. the actual number of years for helinski metropolitan area appears to be 10, and is higher than boston and nyc which are both INCREDIBLY expensive places to live. note that is generously comparing the actual cities to the metrpolitan area of helsinki.
the next largest metropolitan area is tampere, which is 6.9 years at median salary. this is very slightly cheaper than where i live which is also a very expensive city to live in. the city i live in is straight up not affordable to buy a house in at median salary.
>Either way if you're top 5% income you can easily afford to buy a house.
they are able to, but this wasnt the point of what they said. you have to be top 5% to comfortably own. doing some number crunching with chatgpt (lets pretend its accurate) to own at median salary in tampere requires more than 50% of your post tax income. that's with a 20% downpayment on a 300k house.
if i got any of those numbers wrong, feel free to correct. in the interest of time, they were done with chatgpt. i believe the prompts and data asked for should be simple enough to be accurate.
>and I'm not too concerned about the top earners starving
should also be noted that this top earning income is the equivalent of 80k USD. if they lived in the US they would be making double that. in the us, this is near median in a lot of places, and quite attainable in most.