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"digital nomads" are normally looking for location arbitrage, so they are not high earners, normally cheap-skates. Remote workers might be more likely to create
by seydor 3y ago
"digital nomads" are normally looking for location arbitrage, so they are not high earners, normally cheap-skates. Remote workers might be more likely to create inequality, but seriously how many are they? If they create price pressure then it means there s very little housing stock in the first place.
- quonn 3y agoMy back of the envelope estimate is that the nomads make up around 1-4% of the Lisbon population. That‘s certainly not insignificant. On the other hand, the young Portuguese have been leaving the country since 2009. Millions of them earn salaries in central and northern Europe. They left without any nomads coming to Portugal. Shouldn‘t these millions benefiting from european freedom of movement justify a mere 20k nomads in Lisbon? edit: Maybe it‘s not millions but only half a million.
- seydor 3y ago> Shouldn‘t these millions benefiting from european freedom of movement justify a mere 20k nomads in Lisbon? Portugal is making very little money from its emigrants anyway. I doubt they have more than 100k nomads, i suppose most of them would live in the biggest cities, and while they make the housing problem worse, most likely the problem would exist without them because portugal has the same structural problems with other southern eu countries. (Plus nomads by definition move elsewhere over a short time)
- Podgajski 3y agoHave you ever met a truly wealthy person that wasn’t a cheapskate? How do you think they got rich in the first place?
- JALTU 3y agoRead, “The Millionaire Next Door”. And seriously, profligate spenders generally seem to have income sources that quickly replenish their coffers. Or they are owners and have those kinds of tax advantages. Or, they inherit. There is a generational shift in wealth going on.