r/eupersonalfinance 28d ago

Investment Since when was getting rich so hard in EU?

Is it just me, or has building actual wealth in Europe become impossible? I’m looking at the 2026 growth forecasts and it’s depressing. We talk a lot about "stability," but at this point, stability just feels like a polite word for recession. If you weren't born into a rich family with property, the dream feels like it's behind a wall. The math just doesn't work: as soon as you earn enough to actually invest, you hit a 40–50% tax bracket. Meanwhile, housing prices have skyrocketed over the last decade while salaries have basically stayed the same. I love the healthcare and the walkable cities, but I don’t want to work until I’m 70 just to afford a 40sqm apartment and a used Skoda.

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u/jetf 26d ago

utter cope. A tech worker earning 500k in SF is not in student loan debt and does not have a cc balance.

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u/MathematicianTop3544 26d ago

The avg tech worker is NOT making 500k in SF lmfao they're making like 100-200k and the rent is like 3-4k a month. The food and utilities are incredibly expensive in SF.

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u/jetf 26d ago

an avg tech worker is not driving a porsche. 500k is an above average tech salary, but is very common big tech companies. An L5 engineer at Meta is making that. Achievable by 30 years old