As a US Expat who just purchased a home in Amsterdam it's a hell of a lot better than paying $1.5 mil for a shack in Sunnyvale. We bought the apartment we were living in from our landlord (funny enough because they're going to start charging him extra tax for N+2 rental properties). It's worth it.
For one, they ruled that the wealth tax is against the EU human rights agenda. So they're scrambling to come up with a solution. Even with this tax, the projected weight isn't terrible. For reference my wife and I are CoastFIRE here with ~2mil USD in NW and the tax is marginal compared to our returns.
For one, they ruled that the wealth tax is against the EU human rights agenda. So they're scrambling to come up with a solution. Even with this tax, the projected weight isn't terrible. For reference my wife and I are CoastFIRE here with ~2mil USD in NW and the tax is marginal compared to our returns.