this post was submitted on 04 May 2024
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[–] bier@feddit.nl 51 points 6 months ago (18 children)

Where do you live to be able to buy a house in cash after 3 years of working? Where I live the average appartment is about 400K euros and the average house is closer to 500K euros.

Maybe you can find something for 250K if you really buy something small that needs lots of work. But you still need over 80K a year excluding taxes, probably closer to 120K before taxes.

[–] ChickenLadyLovesLife@lemmy.world 6 points 6 months ago (9 children)

I live in a Philadelphia suburb (in one of the state's top school districts) and just bought a modest two-bedroom house for $142K. While this represents almost six years of my current income as a school bus driver, I used to make $150K a year as a software developer so the house would have cost me less than one year's salary. As it is, I was able to buy it outright from my savings. TBF the house is 80+ years old and was in need of some repairs, and the average house price in this district is over $500K, and Philly is not Toronto or Los Angeles - but the house-buying situation is not completely hopeless everywhere as long as you're not expecting to live in a brand-new mcmansion.

[–] absentbird@lemm.ee 2 points 6 months ago* (last edited 6 months ago) (1 children)

If you don't mind me asking, what made you switch from software development to transportation?

[–] ChickenLadyLovesLife@lemmy.world 6 points 6 months ago

I got laid off from my job with a big silicon valley company and was just too sick of the whole industry to even try getting another coding job. I randomly bought a used school bus to convert into a motor home, and when I got to the point where I needed to get another job to avoid paying $1000 a month for shitty health insurance, it turned out owning and driving a school bus made me eminently qualified to be a school bus driver. I really love doing it - it of course doesn't pay what programming pays, but I get the middle of my days off to go on long bike rides, and little kids aren't that awful to be around.

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