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Old 16.12.2011, 12:03
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Nearly 14 percent of people in Switzerland were exposed to the risk of poverty in 2010, according to a survey conducted by the Federal Office of Statistics.

Read the full article: One in seven Swiss risk poverty: survey
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Old 16.12.2011, 14:41
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Re: One in seven Swiss risk poverty: survey

What !!!

They earn less than 150k CHF net or 200k CHF gross ....

Surely - this has to be escalated !!!
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Old 16.12.2011, 15:21
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Re: One in seven Swiss risk poverty: survey

'In 2010, the average annual income per household in Switzerland was 47,567 francs ($50,654).'

This should be emailed to every new user who registers.
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Old 16.12.2011, 15:24
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Re: One in seven Swiss risk poverty: survey

it's because it costs 100CHF per person to have Fondue!


look at all of that saliva!
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Old 17.12.2011, 09:46
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Re: One in seven Swiss risk poverty: survey

Don't forget that Switzerland is also home to a very large number of 'non practising millionaires' !

see http://fabooks.wordpress.com/ for explanation
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Old 17.12.2011, 12:35
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Re: One in seven Swiss risk poverty: survey

In the article it states
"For individuals, the poverty line in Switzerland is set at 2,400 francs ($2,554) a month.
In 2010, the average annual income per household in Switzerland was 47,567 francs ($50,654). "

So if the average household consist of at least 2 people then the annual poverty line is 2,400 * 2 * 12 = 52,800 francs. This means the average household with income of 47,567francs is below the poverty line? Or did I get something wrong
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Old 17.12.2011, 12:52
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Re: One in seven Swiss risk poverty: survey

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In the article it states
"For individuals, the poverty line in Switzerland is set at 2,400 francs ($2,554) a month.
In 2010, the average annual income per household in Switzerland was 47,567 francs ($50,654). "

So if the average household consist of at least 2 people then the annual poverty line is 2,400 * 2 * 12 = 52,800 francs. This means the average household with income of 47,567francs is below the poverty line? Or did I get something wrong
The poverty line you quote of CHF 2'400 is for a family of four. To this can be added a cheap 3 bedroom apartment, and the subsidised health insurance, so the actual level will vary between areas.
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Old 17.12.2011, 15:35
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Re: One in seven Swiss risk poverty: survey

"Households with two adults and two children under 14 with a combined monthly income of less than 5,000 francs ($5,323) are also considered at risk of poverty."

That's for a family of four. The article does specify 2,400 for individuals, not for families. Shoddy (or just incomplete) reporting by the Local perhaps?
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Old 17.12.2011, 16:11
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Re: One in seven Swiss risk poverty: survey

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Don't forget that Switzerland is also home to a very large number of 'non practising millionaires' !

see http://fabooks.wordpress.com/ for explanation
yes, having a house and some savings makes you a millionaire here.
Let me give you your first one:
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Old 17.12.2011, 16:39
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Re: One in seven Swiss risk poverty: survey

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Don't forget that Switzerland is also home to a very large number of 'non practising millionaires' !

see http://fabooks.wordpress.com/ for explanation
I'm not entirely sure about what he's written. I've got a window on to Baarerstrasse at work, and not an hour goes by without some sort of exotic stopping at the lights below where I sit. By exotic I mean a car that would attention in an ordinary city not known for having loads of wealthy people, rather than just expensive. Porsche, Ferrari, Bentley, Maserati, Corvette, Lamborghini, Lotus, etc. When I was a kid I think I saw one of these cars at most twice a year. Now it's each day. Throw in a huge number of Range Rovers and you get a pretty expensive picture of what the average Zug car is.

He's right about the place being less ostentatious than certain parts of London, but don't forget people who go to places like Nobu are often not paying for it themselves.

Also, property prices here can be pretty huge. I called about a PoA from an online site once, and it was 16M for a house by the lakefront. I'll probably wait until zombies take over most of the world before I put an offer in for it.
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Old 17.12.2011, 16:43
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Re: One in seven Swiss risk poverty: survey

Yes there are plenty of very rich people in ZH, and in GE and other places like Gstaad - just like in parts of London and the UK. London is not the UK, and ZH is not Switzerland. Maybe time to visit some other areas?

It's not just in the UK or the US that the rich are now getting richer, and the poor poorer in the current crisis.

Last edited by Odile; 17.12.2011 at 16:56.
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Old 17.12.2011, 22:37
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Re: One in seven Swiss risk poverty: survey

One of my pet peeves.... people think that if you live in Switzerland, you are, of course, well off.

It's an expensive country for common mortals.
The cost of living is considerably higher than in other countries.

There really are families who can not afford to go to the dentist or the doctor or buy their kids prescription glasses.

A little solidarity doesn't cost much.
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Old 17.12.2011, 23:30
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Re: One in seven Swiss risk poverty: survey

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it's because it costs 100CHF per person to have Fondue!


look at all of that saliva!
Really?? It costs me less than 6sfr when it's on sale at Lidl or 2 for 1 around 13-17 francs from Gerber... don't know where you're buying yours from!
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