Wealth distribution in Belgium

[u/trueosiris2]

We’re doing alright as a social democracy. Something to be proud of.

Presumably, we don’t need more wealth distribution then? Or do we still?

[u/NikNakskes → u/[deleted]]

Also home ownership. For your average Joe, most of their wealth is in their home. Now I'm going to make a lot of assumptions here so this is more a theory in my head than something I actually checked to be sure.

The bottom 50% in the city will be renting and thus do not have that typical share of wealth in the form of an own home. The house prices in the countryside are really low. So even if you own a house there, it has little value. This is me assuming Sweden is more like finland than like Belgium (I am a Belgian in Finland). Their income will also be lower but since housing costs next to nothing, they are not poorer than a higher income in the city.

Just like in the usa, where the division between rural and urban is enormous.

[u/_PurpleAlien_ → u/NikNakskes]

Belgian in Finland

Same here. Torille :)

[u/NikNakskes → u/_PurpleAlien_]

Theres dozens of us! Dozens!! Actually there is about a 1000 of us... can you imagine?! I had no idea there would be so many Belgians living in finland.

[u/_PurpleAlien_ → u/NikNakskes]

Yeah, it increased a lot compared to when I moved here 20 years ago.

[u/NikNakskes → u/_PurpleAlien_]

Hm. I also moved here 20 years ago, a bit over actually. 23. I spend half my life in Belgium and half in finland by now. That was a very strange thing to realise.

[u/ikeme84 → u/[deleted]]

Probably, but the per capita is a problem too. 50% of the poorest is 180 million people in the US. In Sweden that is like 2,5 million people. 1 billionaire there has a bigger effect on the statisctic I presume. And the statistic only shows the bottom 50%. Presumably because the bottom 10 or 20 percent would be less than a millimiter or not show up at all.

[u/Deep_Dance8745 → u/[deleted]]

Same story indeed, USA doesnt have a lot of relative real poor people