francoHFW
Diamond Member
In tourist areas LOL...Their median wage is higher AFTER taxes than the median wage here.I don't think Billy is talking about a socialist gov't country like Cuba, N Korea, and Venezuela, I think he means a socialist democracy like Denmark or Sweden. The problem is that most of those places aren't doing so hot these days, with sky-high taxes and so many Muslim immigrants from Africa and the ME. Yeah, it's great to have all that free stuff, but EVERYBODY pays for it, not just the rich guys and big corps. For starters, everybody pays a VAT when they buy stuff, somewhere around 20%.
Then why don't they have the ability to buy homes as easily as we can? Why are they limited to staying in the family homestead? Italy is another socialist paradise and a friend of ours is the first one in her family to be able to buy a house in fifty years. She lived like a pauper for twenty years to be able to do it. In Japan they have multi generational mortgages to make it even possible for a family to buy a home.
Me thinks you need to read something other than your myopic socialist rag to get a better view of the real world.
This is purely a guess, but I think in most European countries the family home is passed down from one generation to the next, grandma and grandpa live there with the family until they die. And they just don't have the space that we do to build new housing developments. And you don't see a lot of grass, they plant flowers or stuff to eat.
Been awhile since I was there (30 years), but the price of a lot of stuff like food and clothing and gas is a lot higher than here.