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why are cities trying to attract nomads? They are almost by definition doing location arbitrage, thus paying less in both their country of origin and country of
by seydor 3y ago
why are cities trying to attract nomads? They are almost by definition doing location arbitrage, thus paying less in both their country of origin and country of destination.
- lupire 3y agoAre you asking why international trade exists?
- nicbou 3y agoThey spend money and leave. They have a very small negative footprint (excluding the housing market), and require almost no obligations from the host country, but spend money locally.
- Jcampuzano2 3y agoThe answer is simple - money. Digital nomads typically don't take jobs from local residents, they on average have more and are willing to spend more money than the typical local resident, and additionally the country has no responsibility to provide social benefits to a digital nomad and thus they are low cost. Additionally while digital nomads may sometimes be ignorant of local culture/tradition and that can be somewhat annoying, they typically don't cause problems when it comes to crime. Now there are legitimate concerns with respect to housing with things like AirBNB's/under the table housing arrangements and causing the housing prices to increase, but while that is an issue to a local resident it is actually seen as a positive to the city itself when it comes to the economy.
- seydor 3y agothey also dont pay taxes like local residents. And they spend less than tourists
- iamjackg 3y agoTrue, but I'd imagine tourists hang out for a few weeks at most, not six months.
- BatmansMom 3y agoThey pay sales taxes
- ThrowawayTestr 3y agoNomads still contribute to the local economy.
- OfficeChad 3y ago[dead]