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Embedded Software Engineer - Sydney

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Spikee:
As long as the mortage rates are low and the banks allow a 80-100% mortage and the house prices stay the same / climb a little this should not be an big issue on such salary.

nctnico:
AFAIK the NL is one of the very few (only) countries where you can get a 100% mortgage on a house (and that percentage used to be much higher!).

Spikee:
In most eastern European countries this is possible. Because house prices are high in those countries but the wages are low.
CZ and the like allow 100% for 2% interest rate or so. I'm also pretty sure this is the same in the south European countries like spain, portugal, italy and france.

Soundwave:
In western Europe there have been efforts to prevent banks giving irresponsible 100% mortgages that rely on interest rates staying low forever to work. We want to avoid another financial meltdown.

EEVblog:
ATTENTION:
User "Soundwave" is yet another Mojo-chan sockpuppet account. Banned.

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