And raising local prices. I saw this happen over the years in some areas of Canada when they became more popular destinations for the US tourists. The result is not good for the majority of local folks.
Maybe, but the cost of living in Europe is already considerably higher than in the US (barring of course the popular but disingenuous comparisons between SF/NYC and rural Europe). I'm not an economist, but I wouldn't expect an influx of Americans to drive up the cost of anything except perhaps real estate. Moreover, I wouldn't expect a significant influx of Americans period--relocating to Europe would only be for the intersection of the very privileged, those interested in Europe, and those who have the flexibility to make the move. I'm sure there's some threshold at which too many people are visiting and it's causing problems; however, I'm only arguing that the current state is suboptimal for everyone (although someone else has pointed out that it may be easier to work remotely in Europe than I'm aware of).
> Maybe, but the cost of living in Europe is already considerably higher than in the US (barring of course the popular but disingenuous comparisons between SF/NYC and rural Europe).
Living costs in Europe are incredibly uneven, like they are in the states. Denmark is much more expensive than next door Netherlands, for example, which is actually quite reasonable (and perhaps Americans might even find it cheap outside of Amsterdam).
Note that they say cost of living excluding rent is 8% higher but that rents are lower—I don’t think their rent analysis is by area but rather by number of bedrooms. Typically rent per sq foot/meter/etc is much cheaper in the US than in European countries, and I would wager that it’s the same with Netherlands specifically.