Basically this. The price of a shitty room in a coloc (not even in paris) gets you an actual 2/3 bedroom apartment. Taxes are, as you say, very low in compari

Basically this. The price of a shitty room in a coloc (not even in paris) gets you an actual 2/3 bedroom apartment. Taxes are, as you say, very low in comparison. The usual min wage + dividends can get you an effective tax rate of about 9% (depending on the country).