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0 pointstossandthrow2y ago0 comments

As a salaried person one has a responsibility of putting and upwards pressure on the salary (with the help from unions) - companies have the responsibility of making their ventures profitable.

Anecdotally, Tesla Berlin pays in the range 50-60k/year in Berlin (for SWE roles) - I am quite sure they are able to pay muuuch more.

So either are workers in Berlin less than half as effective as Tesla's other offices or Berliners accepts a much lower pay.

GDP is a number - If the Berliner kebab was priced at 12 EUR instead of 6 EUR, then they could afford paying double the salary - The rest of the world is about to add zeroes to everything. Why wouldn't Berlin?

My thinking is that this is Europeans focussing on "budget rather than profitting".

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ben_w2y ago· 1 in thread

> If the Berliner kebab was priced at 12 EUR instead of 6 EUR, then they could afford paying double the salary

And then the houses and the land also double, or house builder's salaries real term wages halve and the workers leave and stop building stuff. Land prices are harder to draw conclusions about, but the owners have to want to sell at the price being asked, which is ultimately what the market will bear.

> The rest of the world is about to add zeroes to everything. Why wouldn't Berlin?

Fear:

https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_R...

tossandthrowOP2y ago

At a median household income of EUR 43k there is definitely not a housing cost crisis in the Berlin area - there is a stagnant wage crisis.

This is roughly 1/3 of the Danish household income. If I were German I would riot for higher salaries - we simply can not accept such disparities in a modern world with movement of labor and remote work.

It seems like German fear is what forces the ECB to lower the interest rates causing severe asset price inflation in Denmark.

Please - negotiate your salaries in Germany.

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