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Moenghus
searching Neon…
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Moenghus
9y ago
If that was true, I'd be very wealthy: 40 square feet is 6.3 by 6.3 feet. Or 3.7 square meters. That would make for a price of 57 000 $ per square meter! In reality, the national average price in Norway is $ 5000 per square meter and 1
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Moenghus
9y ago
The median net household worth in Norway is $ 300 000.
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Moenghus
9y ago
Pretty sure I would count as a "Giver" and a fairly average one. There are knock-on effects of living in a system with less desperation such as lower crime rates, better infrastructure, and more opportunity which is enjoyed by eve
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Moenghus
9y ago
Probably not. It only counts for 1/4 its value, and you get to subtract your mortgage, so its pulling your average net worth _down_ until your mortgage gets paid down to less than 1/4 the value of your property.
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Moenghus
9y ago
PS Exchange rate 10 year average used.
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Moenghus
9y ago
Speaking as a Norwegian, the wealth tax is not really that much of an issue. It just not that burdensome. Its less than one per cent of your net worth above $ 180 k. Net worth, so you can subtract any debts such as your mortgage, student lo