View Single Post
  #11  
Old 24.09.2020, 11:43
HickvonFrick HickvonFrick is offline
Forum Legend
 
Join Date: Jul 2020
Location: Frick, Aargau
Posts: 2,876
Groaned at 63 Times in 51 Posts
Thanked 4,070 Times in 1,901 Posts
HickvonFrick has a reputation beyond reputeHickvonFrick has a reputation beyond reputeHickvonFrick has a reputation beyond reputeHickvonFrick has a reputation beyond reputeHickvonFrick has a reputation beyond reputeHickvonFrick has a reputation beyond repute
Re: Buying/Renting a House in Germany while Working in Switzerland: Worth it?

Quote:
View Post
Frugal living with a +100k salary in CH means a house in DE can be bought without mortgage. Especially if you use your pension fund.
Maybe he bought the house because it is a good way to make sure your savings (spent on the house) go up with inflation ? With the low interest rate keeping it in a savings account makes no sense.
For 100k salary rent plus taxes come to 3000 a month, out of a 7000 a month salary (after all contributions). If the guy has a family (so lower health insurance cost) then DE taxes are about equal to CH rent plus taxes plus healthcare...
I'm not sure buying a house in cash makes sense when you are still working and earning good money. Why would you with interest rates the way they are.
Reply With Quote