71–80 of 190 posts
Yes, how dare somebody buy something expensive with their own money!
It's funny that the ones who complain about wealth distribution the most are the ones who have insanely more wealth that includes pretty much everyone on HN. It's a pool club where only rich come.
There's a similar ongoing phenomenon in Italy as well, with villages selling homes for ridiculously low prices [0]. [0] https://www.businessinsider.com/italian-villages-selling-dol...
These renovations are typically more expensive than tearing down the house and building a new one, but that is forbidden, because there is probably some kind of regulation and "historical value". So saying that these are low prices is super misleading
Yes, how dare somebody buy something expensive with their own money!
It's funny that the ones who complain about wealth distribution the most are the ones who have insanely more wealth that includes pretty much everyone on HN. It's a pool club where only rich come.
Earlier quoted context omitted.
Rural areas of Spain usually have decent 4G service. Good luck getting hired for remote work in Spain, though. Edit for the guys below: obviously I meant working for a Spanish company.
Why do you say that? Remote is remote, is I'm hiring remote, why would I care if the person is in Spain, Portugal or anywhere else? I'm sure you have context behind your comment and it would be great if you shared it.
Yes, how dare somebody buy something expensive with their own money!
It's funny that the ones who complain about wealth distribution the most are the ones who have insanely more wealth that includes pretty much everyone on HN. It's a pool club where only rich come.
To some degree, it's just a matter of demographics. One can assume that the more you earn, the more free time you have. The more free time you have, the more time you have to think and talk and learn about things like wealth disparity. Best example might be academics who can afford to spend a lot of time researching this stuff and consequently have the most compelling data about it to share with the greater populace, and generally have the means to do so because of their credentials and standing. The vast majority who are directly affected simply don't have the same kind of voice (that people care to listen to) or the time and energy to have a voice when they're working 3 jobs.
On the other hand, it could just be that you live in a bubble surrounded by moderately well-off to wealthy people. Of course then it's obvious why it would seem that only well-off people complain about. They're the only people that are visible to you.
And finally, who cares who says it if it's true?
Earlier quoted context omitted.
I think parent comment was referring to foreigners buying a place and working remotely.
Yeah. I am planning to get Portuguese residency through property purchase along with some friends, although we might not go for rural. Only need to spend 14 days/yr there, though. It is a 350-500k EUR investment. If you rent the property out you should be able to cover the debt service. (Obviously it exposes you to Portuguese RE risk, as well as EUR currency risk, and requires good credit, but a 500k piece of propert…
Does that mean you are planning to get a loan to finance the purchase of the property?
Yes, how dare somebody buy something expensive with their own money!
It's funny that the ones who complain about wealth distribution the most are the ones who have insanely more wealth that includes pretty much everyone on HN. It's a pool club where only rich come.
I think one of the best examples of this i've ever experienced was back when the occupy protests were going on. I was landscaping then, we were at a customer's house that owned a bunch of recycling centers, they were fairly wealthy. For reference, they had a dog born without the ability to control its asshole, they spent more every year on keeping the dog alive, than I spent on four years of school...but anyway...
They had a son around my age. I'd see him every once in a while, he had no job and hung out at home most of the time(he brought us out some organic Okanagan peaches one time, they were pretty awesome). One day though him and his dad came out, his dad was about to drive him downtown so he could spend a week at the occupy protests. He came over to tell us how he was going to go fight the 1%.
I think he totally missed the irony in the fact that his rich business owner dad was driving him out to do this, while a bunch of people his age had spent the last month or so building a garden for him while he sat inside doing nothing for most of that month. Personally, i was unable to partake in any occupy protests...as i was working to continue to have a home and food and such. Well, at least his garden was looking nice for him by the time he got back from fighting for me.
Earlier quoted context omitted.
I think parent comment was referring to foreigners buying a place and working remotely.
Yeah. I am planning to get Portuguese residency through property purchase along with some friends, although we might not go for rural. Only need to spend 14 days/yr there, though. It is a 350-500k EUR investment. If you rent the property out you should be able to cover the debt service. (Obviously it exposes you to Portuguese RE risk, as well as EUR currency risk, and requires good credit, but a 500k piece of propert…
Also what is the 150K fee alternative you mentioned?
Earlier quoted context omitted.
Yeah. I am planning to get Portuguese residency through property purchase along with some friends, although we might not go for rural. Only need to spend 14 days/yr there, though. It is a 350-500k EUR investment. If you rent the property out you should be able to cover the debt service. (Obviously it exposes you to Portuguese RE risk, as well as EUR currency risk, and requires good credit, but a 500k piece of propert…
>If you rent the property out you should be able to cover the debt service. (Obviously it exposes you to Portuguese RE risk, as well as EUR currency risk, and requires good credit Does that mean you are planning to get a loan to finance the purchase of the property?
I think Bloomberg has just invented a new definition of "desertification", unless the implication is that these new residents would have to implement "regenerative agricuture" or other desertification fighting practices.