You can still buy a house by working at McDonald's. All you need to do is leaving your country. Here's a nice house in Tanjung Pinang, Bintan, Indonesia.

25000 euros.

https://www.rumah123.com/properti/tanjung-pinang/hos18668655/?price-unit-type=metersquare

[–] Dave@lemmy.nz 6 points 3 days ago (1 children)

How much does McDonald's in Indonesia pay?

I doubt it's enough to buy a 25000 euro house. And if you're talking about McDonald's in the US then I'm guessing not much is left over after food and rent in order to save the 25k.

[–] Wanpieserino@lemm.ee -4 points 3 days ago* (last edited 3 days ago) (1 children)

Never been in USA, but working at McDonald's here in Belgium while living at your parents, with 2000 euros net from a minimum wage job... Yeah after a year you can buy the house that I showed.

I'm sure you can work while living with your parents.

Having the 25k euros is only step one. Afterwards you need to build up capital for passive income when you are in Indonesia.

The cost of living is very low. the median net worth in Indonesia is 5000 euros. So with your starting capital, you'll be ahead of the curve.

With your English, you have some niches you can do. Like working for English speaking companies. Local or from your computer.

most people that do this, go to Bali. But if you want cheaper areas, the place I showed is also do-able.

Bali is popular because more people there speak English. For Americans, the Philippines is popular because English is an official language.

My wife's indonesian so if she wants to, we'll go there.

likely not, because I prefer Belgium. But I'm also not complaining about the high housing prices here in Belgium. I know why they are high. It's because people want to live here.

Same reason why housing is more expensive in Bali.. People want to live there.

[–] dryfter@lemm.ee 5 points 3 days ago (1 children)

Back when I was working, I had a job that paid close to 3x what McDonald's was paying at the time. I could barely afford a studio apartment. And that was 5-10 years ago, it's even worse now here in the US.

[–] Wanpieserino@lemm.ee -4 points 3 days ago* (last edited 3 days ago) (1 children)

Sucks for immigrants. I'm born rich

Median net wealth per adult in Belgium is 250k euros. It's because the housing stock is owned by families living in them. Their kids inherit that.

"Sucks for immigrants" isn't even true. Social mobility is great here. Free education for them. But buying a house will indeed be very expensive for them. They have to pay for the current day economy. The economy that is attractive to immigrants.

Housing will always be expensive in a good economy.

Look at Singapore, it's all owned by the country, and it's expensive as hell.

[–] dryfter@lemm.ee 4 points 3 days ago (1 children)

LOL I was born into a middle class family with at least one generation on each side born in the US. Dad worked at the local factory, mom was stay-at-home, had a dog, nice house, and two cars -- living the American Dream.

Then all the factory jobs went away, I couldn't handle college, and I job hopped for a while and got lucky landing a decent paying gig that lasted for 13 years until I went on disability. Up until then I was barely making ends meet living in a studio apartment with a used hand-me-down car that I got when my grandfather passed away.

Now I'm on SSDI and live in a subsidized studio apartment and rely on the city bus for transportation to appointments. Living the dream.

[–] Wanpieserino@lemm.ee -3 points 3 days ago (1 children)

What's the value of your parents their house and how many siblings do you have.

You're pretty fucked being American in that situation.

[–] dryfter@lemm.ee 2 points 3 days ago (1 children)

No clue what my parents' house could be worth, they're still living in it too. I do know they paid something like $30,000 for it in the 70's and it might be worth 5-10x more than that now -- if not more due to inflation. Cars were also $5000 or so then, and now the average price of a car is $30k-$50k on the low end.

Due to.....several traumatic issues and for my own mental health...living with them isn't an option and now that I'm on SSDI I can't really take any of their money or it messes with my SSDI and I went through too much for too long to do anything to risk it within my control (government shenanigans these days might leave me without income and a home but that's out of my control now). I have one sibling who has a family of their own much like how it was when we were kids but they are struggling to make ends meet in this economy too.

[–] Wanpieserino@lemm.ee 0 points 3 days ago (1 children)

Why do they stay in USA then. There are plenty of countries where one can earn a better net worth.

USA is an immigrant country. Non of you are natives. Do what your ancestors did. Leave.

[–] dryfter@lemm.ee 2 points 3 days ago

If there is a country that will take me I’d go in a heartbeat. But I am unable to work and don’t have the financial means to just up and move. The ones that do have the ability to do that are either doing that already or are in the process of destroying the US.

[–] hakunawazo@lemmy.world 3 points 3 days ago (1 children)

Or if you are the CEO there.

[–] Wanpieserino@lemm.ee 4 points 3 days ago

Buy McDonald's stock, fire the CEO and hire someone cheap.