Sweden has a per capita GDP of $43,407
The United states has a per capita GDP of $53,001 - or 17% greater than that of Sweden.
How many Swedes go bankrupt from medical expenses every year? How do levels of student debt in Sweden compare to Orange County, Adolph? Quality of Life is something capitalist tools like you have been waging war against for centuries, and your time is nearly up.
How many Swedes can afford to buy a house? Not too many at a base tax rate of around 48%, plus the 25% VAT and the average Swede has very little cash with which to buy a home.
List of countries by home ownership rate - Wikipedia the free encyclopedia
Sweden has a 70% home ownership rate, which is higher then the US by about 5%.
I hate to break it to you but wiki is not a credible source. Here's the reality......
Former tenants buying SHARES of the rental property that then is responsible for the taxes on the property. That's how you get 70% "home ownership".
The development of a
multifamily owner occupancy marketplace is relatively new in Sweden. It started in the 1980s when the government provided subsidized loans for renovations to tenants. Many tenants then chose to buy their building from its owner and form a tenant association to own the building. These tenant associations are roughly equivalent to co-ops or cooperatives in the United States. Apartment dwellers own shares in the association that in turn owns the building and the apartments. In Sweden, the tenant association, or cooperative format, is much more popular than the condominium format because it offers tax advantages. It is the cooperative association, rather than the individual apartment dweller, that pays taxes on the property, and real estate taxes on apartments are much lower than on single family homes.
Profile of Sweden