I was referring to Kindergarten employees, and they're hard to find in the current labor market, because very few want to work for only $42,000 a year. This labor shortage means that number of children per adult is currently increasing in kindergartens.
The average wage of a policeman is more than $81,000 per year. If you have a family where the parents earn in total $180,000 per year, the family will probably pay $90,000 in income tax. It is not unrealistic that this family would spend half of that on their home, let's say $45,000. At an interest rate of 5%, that finances 900,000 dollars - but most people don't have that much debt in their homes. If you're single, you have a problem, but if you let a friend move in, that can solve the problem.
Women here usually work, except for a few months before birth, and up to 6 months after birth of their children - and during that time they get some money from the state as help.
It has been discussed how high the prices can go - because the prices for homes are basically above what many people can afford, but since most home owners have some fortune already, they don't have to pay interest rates etc. on a fully financed home, which makes it possible to buy expensive homes. But if you come to Copenhagen area without a fortune, you need to have a very good income to buy a home.
I know a couple where he is a Master in economics and has 6 years of work experience, and she's a primary school teacher. The bank told them that they can spend $717,000 on a new house. When he graduated 6 years ago I know that they had no money on their bank account and no assets, but they did have some loans.
Currently, it is cheaper to rent an apartment than to own the one you live in, but many still prefer to own rather than to rent.
Tax rate of income depends on the income and how you get it, but generally it is assumed that you pay 50% of your total income as income tax.
Wages are high, and so are expenses, except when buying imported stuff like computers etc. I can buy a laptop for less money than two taxi trips to work and back. As the dollar goes down, commodities become ridiculously cheap. You can now buy a bookshelf for less money than a 1 pound pizza from our local pizzaria. |
