My IQ dropped 20 point by looking at that statistic. Malta really? 🙄
Italian_Saffa_Boy on
probably, but most wealth is in primary residence. I know some folks who bought a place 10 years ago for a goat and bottle of cremant and they now want over a million for it.
Formal_Pace5577 on
In the whole world the primary residence is the main vehicle for wealth for the middle class.
So if real estate is high the wealth will increase, because also luxembourg has 65-70% of their residents owning their home.
4 Comments
Does it exclude primary residence or not?
My IQ dropped 20 point by looking at that statistic. Malta really? 🙄
probably, but most wealth is in primary residence. I know some folks who bought a place 10 years ago for a goat and bottle of cremant and they now want over a million for it.
In the whole world the primary residence is the main vehicle for wealth for the middle class.
So if real estate is high the wealth will increase, because also luxembourg has 65-70% of their residents owning their home.
This is normal.