Staat in schril contrast met de reacties die je hier soms te zien krijgt. Dan zou je moeten geloven dat België amper iets doet aan armoede.
De realiteit is dat België het beste land is voor herverdeling.
How are they calculating wealth?
I have a feeling that Belgians might be cash poor but “wealthy” because a lot of people own their own home.
I’m 40 i. 3 months and don’t even have 40% of that and I own nothing.
So HK is a country, confirmed.
Divide that number by ten and there’s me!
Some of us complain every day about how terrible Belgium is, and never stop to consider that maybe it’s one of the least bad places in the world to live in.
Australia has a lot of wealth attached to housing.
It’s very asset rich because of a housing market that has gone up by over 600 per cent in the last 30 years.
You have a whole generation that purchased affordable properties that now look like millionaires because they sit on property worth over a million AUD.
The millennials are now burying themselves in debt to purchase a property and look like millionaires on paper but owe the banks more than 30-40 per cent of their income for the next 30+ years.
I’m surprised that Belgium isn’t the first. Yes, it is the most equal country. I’m often amazed how equal it is. But is it good? For fighting poverty maybe. But I think, its depressing. There is no motivation to do more, because you get almost nothing in reward. Better do less and avoid stress etc. And even if you want to try, the belgian taxes are so overwhelming that many people even can’t try.
Without importing workers from poor countries, this whole system would fall apart instantly.
Lol I like how Luxembourg and Monaco had to be excluded due to unreliable data. Aren’t those two countries notorious for financial shadiness?
Does this consider property value in gross or minus the mortgage ? If its Net median wealth, I need to have a word with the Gemeente
Jokes on you. I work in NL and live in BE. Goldmine method
“Credit Suisse publishes various statistics relevant for calculating net wealth. These figures are influenced by real estate prices, equity market prices, exchange rates, liabilities, debts, adult percentage of the population, human resources, natural resources and capital and technological advancements, which may create new assets or render others worthless in the future.
During periods of equity market growth, the relative national and per capita wealth of countries where people are more exposed to those markets, such as the United States and the United Kingdom, tends to rise. But when equity markets are down, the relative wealth of countries where people invest more in real estate or bonds, such as France and Italy, tends to rise instead. Countries with older populations, like Germany and Italy, would have higher relative wealth, if calculated per capita and not per adult.”
1) it takes debt into consideration.
2) houses are very valuable, they increase in value while the debts always lessen each year.
So not having a house is like paddling against the current
It’s been a good while since I last took a stastics class, so I want to be sure I’m reading this right:
Does’t this indicate there’s a massive wealth inequality, If at least half of the population (and possibly a lot more) is nowhere near reaching that average wealth?
I realise I’m sidestepping the question on if this mean income would constitute a “comfortable” living, which is probably the more important issue, as I don’t have the time to look up numbers now, but I wanted to be clear on this at the least.
18 comments
Staat in schril contrast met de reacties die je hier soms te zien krijgt. Dan zou je moeten geloven dat België amper iets doet aan armoede.
De realiteit is dat België het beste land is voor herverdeling.
How are they calculating wealth?
I have a feeling that Belgians might be cash poor but “wealthy” because a lot of people own their own home.
I’m 40 i. 3 months and don’t even have 40% of that and I own nothing.
So HK is a country, confirmed.
Divide that number by ten and there’s me!
Some of us complain every day about how terrible Belgium is, and never stop to consider that maybe it’s one of the least bad places in the world to live in.
Here is some interesting data on the inequality of the distribution of wealth https://worldpopulationreview.com/country-rankings/wealth-inequality-by-country (especially if you like to stick it to the Dutch…)
Australia has a lot of wealth attached to housing.
It’s very asset rich because of a housing market that has gone up by over 600 per cent in the last 30 years.
You have a whole generation that purchased affordable properties that now look like millionaires because they sit on property worth over a million AUD.
The millennials are now burying themselves in debt to purchase a property and look like millionaires on paper but owe the banks more than 30-40 per cent of their income for the next 30+ years.
I’m surprised that Belgium isn’t the first. Yes, it is the most equal country. I’m often amazed how equal it is. But is it good? For fighting poverty maybe. But I think, its depressing. There is no motivation to do more, because you get almost nothing in reward. Better do less and avoid stress etc. And even if you want to try, the belgian taxes are so overwhelming that many people even can’t try.
Without importing workers from poor countries, this whole system would fall apart instantly.
Lol I like how Luxembourg and Monaco had to be excluded due to unreliable data. Aren’t those two countries notorious for financial shadiness?
Does this consider property value in gross or minus the mortgage ? If its Net median wealth, I need to have a word with the Gemeente
Jokes on you. I work in NL and live in BE. Goldmine method
“Credit Suisse publishes various statistics relevant for calculating net wealth. These figures are influenced by real estate prices, equity market prices, exchange rates, liabilities, debts, adult percentage of the population, human resources, natural resources and capital and technological advancements, which may create new assets or render others worthless in the future.
During periods of equity market growth, the relative national and per capita wealth of countries where people are more exposed to those markets, such as the United States and the United Kingdom, tends to rise. But when equity markets are down, the relative wealth of countries where people invest more in real estate or bonds, such as France and Italy, tends to rise instead. Countries with older populations, like Germany and Italy, would have higher relative wealth, if calculated per capita and not per adult.”
“List of countries by wealth per adult – Wikipedia” https://en.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult
1) it takes debt into consideration.
2) houses are very valuable, they increase in value while the debts always lessen each year.
So not having a house is like paddling against the current
It’s been a good while since I last took a stastics class, so I want to be sure I’m reading this right:
Does’t this indicate there’s a massive wealth inequality, If at least half of the population (and possibly a lot more) is nowhere near reaching that average wealth?
I realise I’m sidestepping the question on if this mean income would constitute a “comfortable” living, which is probably the more important issue, as I don’t have the time to look up numbers now, but I wanted to be clear on this at the least.
Not bad not bad
https://en.m.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult
Brick addicts represent
When I moved here from Germany that is sth I noticed rather quick. And I like it. A solid middle class is great!
Yeah I went to Switzerland last summer and it was literally to expensive 3 bears were 20€ we didn’t eat out much ahah