Sounds like the Portuguese government should start building flats as fast as possible. Other countries in the EU do it and it works.
The Portuguese can no longer afford to live in Portugal
21–30 of 817 posts
Re: The Portuguese can no longer afford to live in Portugal
#22There’s much truth here, but it isn’t the entire picture. Lisboa and Oporto are hideously overpriced, and it is indeed hard to see how a normal Portuguese earner can afford to live in either. Even Vila Nova de Gaia, which was the “cheap” side of Oporto, is now parlously expensive. This effect has bled along the coast, and many coastal villages now ask €200k for an unmodernised one bedroom house. But… the interior of…
Some people just don't think very highly of "flyover country". The culture is not what they're used to. Return to the land makes a whole lot of sense though, now that the basic infrastructure for hybrid remote working is pretty much ubiquitous (courtesy of COVID).
Re: The Portuguese can no longer afford to live in Portugal
#23Unsustainable. If you're a wealthy individual living in an expensive residence surrounded by other wealthy individuals living in expensive residences, you still need garbagemen to collect your garbage. You still need food. Whether you order from local restaurants staffed by employees, or buy your groceries at the supermarket, staffed by employees, janitorial personnel, security guards, and managers, you're still rely…
It's not really unsustainable - Switzerland and other wealthy microstates show us the long-term outcome, which is quite desirable. In fact, the "ordinary people" will eventually benefit the most, since their wages will grow to match the prevalent cost of living. Transition can of course be difficult.
Re: The Portuguese can no longer afford to live in Portugal
#24There’s much truth here, but it isn’t the entire picture. Lisboa and Oporto are hideously overpriced, and it is indeed hard to see how a normal Portuguese earner can afford to live in either. Even Vila Nova de Gaia, which was the “cheap” side of Oporto, is now parlously expensive. This effect has bled along the coast, and many coastal villages now ask €200k for an unmodernised one bedroom house. But… the interior of…
Re: The Portuguese can no longer afford to live in Portugal
#25There’s much truth here, but it isn’t the entire picture. Lisboa and Oporto are hideously overpriced, and it is indeed hard to see how a normal Portuguese earner can afford to live in either. Even Vila Nova de Gaia, which was the “cheap” side of Oporto, is now parlously expensive. This effect has bled along the coast, and many coastal villages now ask €200k for an unmodernised one bedroom house. But… the interior of…
Re: The Portuguese can no longer afford to live in Portugal
#26Re: The Portuguese can no longer afford to live in Portugal
#27Re: The Portuguese can no longer afford to live in Portugal
#28Earlier quoted context omitted.
It's not really unsustainable - Switzerland and other wealthy microstates show us the long-term outcome, which is quite desirable. In fact, the "ordinary people" will eventually benefit the most, since their wages will grow to match the prevalent cost of living. Transition can of course be difficult.
How big is Switzerland population?
Re: The Portuguese can no longer afford to live in Portugal
#29Re: The Portuguese can no longer afford to live in Portugal
#30Unsustainable. If you're a wealthy individual living in an expensive residence surrounded by other wealthy individuals living in expensive residences, you still need garbagemen to collect your garbage. You still need food. Whether you order from local restaurants staffed by employees, or buy your groceries at the supermarket, staffed by employees, janitorial personnel, security guards, and managers, you're still rely…