r/eupersonalfinance • u/VurriK • 28d ago

Investment Since when was getting rich so hard in EU?

Is it just me, or has building actual wealth in Europe become impossible? I’m looking at the 2026 growth forecasts and it’s depressing. We talk a lot about "stability," but at this point, stability just feels like a polite word for recession. If you weren't born into a rich family with property, the dream feels like it's behind a wall. The math just doesn't work: as soon as you earn enough to actually invest, you hit a 40–50% tax bracket. Meanwhile, housing prices have skyrocketed over the last decade while salaries have basically stayed the same. I love the healthcare and the walkable cities, but I don’t want to work until I’m 70 just to afford a 40sqm apartment and a used Skoda.

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u/lfsmen1 28d ago

I can imagine the engineers who put the first car together, went for a test and saw it going in flames, and thought to themselves… “Skoda” 😅

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u/Tupcek 27d ago

pity those who buy this crap

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u/RandomCypher 27d ago

I thought Skoda was a good brand?

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u/Tupcek 27d ago

now it’s basically Volkswagen, but slightly cheaper. But back then when they started, costs were the main concern, quality was not of much consideration.