Definitely true, but valid on both sides of the Atlantic, there were a few articles on [email protected] about cars and houses becoming unaffordable in the US
That is true for Southern and Western EU, but not for Eastern EU though. I grew up in the 90's. I am already richer than my parents were back then and it is true for almost everyone in my age group that I I know.
Oh yeah, definitely. I had a Romanian colleague who moved to Western Europe to give it a try. He went back to Romania after a few months, and when he explained me the way he was living there, I couldn't but understand.
Yep. Some people go to western countries, work a few years and save everything they can to make the initial mortgage payment back home. Western people don't have that option.