Really? Can you name one developed country besides Israel that has succeeded?
>Social programs don't mean shit if nobody can afford to buy urban real estate in the big cities where the jobs are
The Government Pension Fund Global (Statens pensjonsfond utland), also known as the Oil Fund (Oljefondet), was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector. As of June 2025, it had over US$1.9 trillion in assets.
Price of a 3 bedroom house in Oslo: $1.5M
$1.9T / $1.5M = 1.266M houses
Population of Norway is 5.6M
Do you have a better argument than housing affordability?
Really? Can you name one developed country besides Israel that has succeeded?
>Social programs don't mean shit if nobody can afford to buy urban real estate in the big cities where the jobs are
The Government Pension Fund Global (Statens pensjonsfond utland), also known as the Oil Fund (Oljefondet), was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector. As of June 2025, it had over US$1.9 trillion in assets.
Price of a 3 bedroom house in Oslo: $1.5M
$1.9T / $1.5M = 1.266M houses
Population of Norway is 5.6M
Do you have a better argument than housing affordability?