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Real Estate
Reply to "Beyond Frustrated in Vienna market"
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[quote=Anonymous][quote=Anonymous]So, to answer OP's question, yes everyone is leveraged to a the highest degree and relying on two salaries to make mortgage payments. Hope jobs stay steady around here for them. That would give me trouble sleeping at night but that's just me. [/quote] I don’t think the big law folks or lobbyists or big tech employees (with RSU grants up XXX%!!) are sweating having a mortgage that in many cases is below their annual income. And that’s the ones who don’t pay cash, and I think I saw a stat that around here the vast majority of $2M+ purchases are cash. And I’m not even touching family $ / trust funds etc, which tend to be concentrated in high-earner circles. But sure think whatever helps you sleep better at night.[/quote]
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