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When I was taking a tour in Sweden, they showed me a neighborhood in Stockholm (I forget the name) and said “that’s the apartments of the richest Swedes, but th
by bluedevil2k 8y ago
When I was taking a tour in Sweden, they showed me a neighborhood in Stockholm (I forget the name) and said “that’s the apartments of the richest Swedes, but they don’t live there, all the richest Swedes live outside Sweden”.
- steerpike 8y agoWhich is an anecdote that means exactly nothing. For example all the richest apartments and houses in London and Sydney are often owned by people who live outside the respective country. There's nothing in your story that indicates tax rate is the reason for the behaviour.
- iscrewyou 8y agoYeah. It simply means investment. Same could go for most of the well off cities in the US.
- thaumasiotes 8y agoTo nitpick a bit, it is true that the richest apartments in London and Sydney are often owned by people who live outside England or Australia. But that is not evidence that "the richest Britons" live outside England; it can easily be the case that the richest Britons are happy to stay in Britain and the richest apartments are owned by a class of foreigners richer than the richest Britons. Whereas, if all the richest Swedes live outside Sweden, that does tend to suggest that something made them move. (And doesn't suggest that the apartments they maintain in absentia are the richest apartments.) The default for Swedes is to live in Sweden.
- hoaw 8y ago> Whereas, if all the richest Swedes live outside Sweden, that does tend to suggest that something made them move. Not really, at least not in the way I assume you are thinking. In a small country, of course someone who has international success if going to be wealthier than someone who only has domestic success a lot of the time.
- thaumasiotes 8y agoSo what? Someone with international success can still only live in one place.
- ilikehurdles 8y agoYeah the same story can be said about downtown Boston.
- paulcole 8y agoI don’t think so. Look at the list of richest Americans. How many live outside of America?
- scarejunba 8y agoIsn't that the case for any desirable city? The Vancouverites complain about "The Chinese", as do the Bay Area folk. The Londoners complain about the oil royals. The Miami people say everyone buys there.
- rayiner 8y agoFun fact: Americans of Swedish descent have a 55% higher income than Swedes in Sweden.