if it’s a matter of years and not centuries then in fairly alright. In many countries nowadays, new borns will never have ownership of a house or flat.
Even in europe, $50k yearly would be considered a good pay, and house in major cities would also cost way more than $170k
You don’t have to buy a house every year
No, but you do have to make enough to convince the bank to loan you the money to buy it. Houses in major cities cost WAY more than $170k.
if it’s a matter of years and not centuries then in fairly alright. In many countries nowadays, new borns will never have ownership of a house or flat.
Even in europe, $50k yearly would be considered a good pay, and house in major cities would also cost way more than $170k