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> Cities from Canggu to Medellín Which are the other cities? These two cities seem to be really high in Pieter Levels' small kingdom. But most of the housing p
by seydor 3y ago
> Cities from Canggu to Medellín
Which are the other cities? These two cities seem to be really high in Pieter Levels' small kingdom. But most of the housing problems in europe at least are caused by golden visas and Airbnbs. Nomads are a tiny amount in comparison
- InvaderFizz 3y agoIt seems weird to attribute the rise to an even smaller fraction of the population than digital nomads. In Portugal, Golden Visas accounted for a grand total of 11,535 households in a time span of October 2012 to December 2022. We have no stats on how many of those actually live in Portugal, but it should be noted that the Golden Visa holders only have to visit Portugal for one week per year and that counts towards the five years for citizenship. This was a major draw of that visa.
- seydor 3y agothe visa has a corrossive effect on local markets though because it immediately makes them international. Houses are not being sold to local demand in expectation of a higher bidder. In any case, digital nomads are nomads, they move and the demand they generate is at best temporary Not to mention, nomads are cheap people, most of them are traveling to lower cost places where they can avoid taxes.