Credit Suisse reports have holes in them

With apologies to the joke writers for Emily Hartley, we first note this Guardian story from earlier this year;

One of the most comprehensive social surveys of 28 European countries reveals on Tuesday that the percentage of people aged 18-30 who were still living with their parents had risen to 48%, or 36.7 million people, by 2011, in tandem with levels of deprivation and unemployment that surged during five years of economic crisis.

.... In Italy, nearly four-fifths (79%) of young adults were living with their parents.

Our bold in the above, because a new report on Global Wealth from Credit Suisse claims that while median wealth per Italian is fifth highest in the world at $142,296, that figure for the United States is only $53,352 (good for 25th place).

Woe is USA!

But hold on a minute, according to Demographia Americans live in houses that are, on average (2,200 sq ft) more than twice as big as Italians' homes (less than 1,000 sq ft). Italy: Crowded R Us

Which anomaly some are able to swallow whole, apparently.