3 ms·
Part of this phenomenon reached Portugal during the pandemic, some people from "big cities" went to the interior to buy houses for cheap to then either rent the
by libertine 5y ago
Part of this phenomenon reached Portugal during the pandemic, some people from "big cities" went to the interior to buy houses for cheap to then either rent their houses in the city or the other one acquired.
Basically they removed a lot of houses from the market from locals, making them reach prohibitive prices completely off the reality of what locals can afford... where will they go?
What's the value added from the new-comers to those markets? They are not developing new houses, they aren't creating new jobs, and they shop mostly in big supermarkets.