4 ms·
I mean it's just cost arbitrage for all of these Americans. Soon enough, it's already happening, they will be out-pricing each other. They are willing to pay re
by shankr 4y ago
I mean it's just cost arbitrage for all of these Americans. Soon enough, it's already happening, they will be out-pricing each other. They are willing to pay rents which would be average monthly salary in Lisbon.
The annoying aspect of this is that Americans with their higher purchasing power sell the narrative that Europe is cheap. It's only cheap if you are making American salaries. For locals and large number of Europeans, it's far from cheap.