It is high time governments to start taxing people progressively based on how many properties they own. I have a friend who bought 5-6 properties. That's absolutely disgusting.
All of this is coming to the whole of Europe, with an ageing population and not reformed pension systems, you better start investing now and hope the stock market doesn't go the drain.
The only edge Tesla has is the software stack. All the rest is meh. But it is kind of amazing that traditional carmakers are still struggling to catch up on the software front. To be honest, the whole auto industry is heading in a very bad direction, where they think of the car as a way to harvest data of their customers and to introduce their SaaS offerings
If only the döner prices were exploding. Everything seems to be way more expensive, including the rents and the only imploding thing is the purchasing power of the general population.
Belgium reportedly denied Ahmed Alhashimi asylum by arguing that Basra, his hometown in Iraq, was classified as a safe area. He said his children spent the last seven years staying with a relative in Sweden, but that he was recently informed that they would be deported, with him, to Iraq....
In Munich, a modest 3-room flat costs 20 annual average for the city of Munich salaries.
And that's without paying any fees for the purchase of the said apartment and those fees can easily add a couple of extra years to the calculation. Then we have the interest rate of the bank, and of course the ever increasing prices of virtually everything but the salaries.
You also need 10% down payment of the said property in cash to ensure a lower interest rate, that's already a lot of money. So do the math to figure out how middle class people can afford a flat in Munich, where a rent for a 3-room flat is almost 2K, which by the way is more than 65% of the average salary in the city.
And all the constructions now within the city are luxurious properties where prices are double or triple that.
It is an absolute disgrace and it has been like this for at least 10 years. A friend of mine bought his flat around 10 years ago and now his flat costs 2.5x more. Crazy!
And then Germany is complaining that they cannot find skilled workers, so tell me would you go to Germany with those prices, relatively low salaries for high skilled positions and high tax burden?
Barcelona will eliminate ALL tourist apartments in 2028 following local backlash: 10,000-plus licences will expire in huge blow for platforms like Airbnb - Olive Press News Spain ( www.theolivepress.es ) Englisch
‘My state pension was £880 – and my rent was £1,000’: how a 70-year-old man became homeless in Britain ( www.theguardian.com ) Englisch
Tony Sinclair had worked all his life – but still found himself sleeping rough. Then even his tent was taken away from him....
Tesla’s Sales in Europe Fall to a 15-Month Low ( finance.yahoo.com ) Englisch
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Iraqi refugee's 7-year old daughter who died in the Channel was born in Belgium and lived in Sweden, but has never been in Iraq ( www.bbc.com ) Englisch
Belgium reportedly denied Ahmed Alhashimi asylum by arguing that Basra, his hometown in Iraq, was classified as a safe area. He said his children spent the last seven years staying with a relative in Sweden, but that he was recently informed that they would be deported, with him, to Iraq....
German housing crisis: 'Like winning the lottery!' ( www.dw.com ) Englisch