For me personally I’d like a 50-60 square meter apartment for no more than 2x my annual income. And I’d like to be able to get a loan with a monthly down payment equal to whatever I’ve been paying in rent for the last couple of years.
I can pay 12500 NOK a month in rent, but for some reason the bank can’t trust me to pay the same amount if I were to buy an apartment? Fuck that.
Surely there can be a middle ground.
I hate that I’ve been paying close to 150k NOK a year in rent for the last ten years but for some reason I can’t be trusted with a loan unless I make a lot more and save up something like 300k.
Except for the fact that I have a place to live it feels like I’m throwing money out the window.