Real estate is not only essential for one's own needs, but also useful as a store of value. Don't forget that they always provide passive income, when rental income comes into the property owner's account once a month. As a result, more and more young people are thinking about buying a property or saving up several. But a certain equity capital remains essential, so that the purchase of a real estate is possible. Finally, the rest of the required capital must be generated mostly by banks, so that here on the part of the financiers also appropriate requirements are placed on people with 30 years of age. This often raises the question of how much equity should be available at 30. And how much equity one needs with 30, in order to buy a real estate, about it we want to inform here.
How much equity one normally has at 30?
Statistics around the equity you should have accumulated by age 30 are often very misleading. Above all, they are intimidating to those who are not in the top 20%, some of whom may have a six-figure sum to call their own. By the way it may be mentioned here immediately that here gifts, inheritances & Co flow in addition to the monthly savings with, because rarely a today 30-year old will have been able to save equal 1.400 euros and more per month since his 18. Lebensjahr to save, in order to be able to fall back to such lucrative reserves.
