[witchesindublin]

There are problems with tensions between locals and digital nomads in several places, especially Portugal, but also in a lot of major cities where they are having a similar effect to Airbnb. A big issue is the strength of the US dollar simply makes it impossible for anyone else to compete and attracts so many Americans.

[manuelabeledo]

> There are problems with tensions between locals and digital nomads in several places, especially Portugal

I have never heard of this before, and I have a few portuguese friends.

Also, in the context of Lisbon, I doubt that 16,000 salaried workers [0] could influence the market to that extent in a city of 500,000 people, especially given that digital nomads make, on average, $120,000 [1].

It seems to me that digital nomads are the new scapegoats for people who don't like to point their finger inwards.

[0] https://web.archive.org/web/20221227111848/https://nomadlist...

[1] https://www.twoticketsanywhere.com/digital-nomad-statistics/

[thatfrenchguy]

> Also, in the context of Lisbon, I doubt that 16,000 salaried workers [0] could influence the market to that extent in a city of 500,000 people, especially given that digital nomads make, on average, $120,000 [1].

16000 out of 500000 people will definitely move the needle quite a bit in housing, given the small % of people who move every year

[peoplearepeople]

Depends how many houses there are, if they had 'just enough' then adding any amount of people can cause a large price spike as everyone tries to outbid each other for remaining inventory. The price increases can become sticky as people start joining the market to speculate

[arp242]

> especially given that digital nomads make, on average, $120,000

Minimum wage in Portugal is about €760/month, or $10,000/year. You're seriously underestimating how much $120k is.

[manuelabeledo]

I think you are overestimating the impact of 16,000 people in a city like Lisbon.

The median salary of a digital nomad is sure lower than $120,000. I don’t have numbers, but I would say it should be closer to $60,000. Average salary in Lisbon is also roughly $48,000.

If locals want to blame someone, perhaps investment banks eating up the available housing stock would be a better target.

[witchesindublin]

16,000 digital nomads that need individual housing, in a culture where multiple generations of families live together.

[manuelabeledo]

This is nonsense, and definitely not a thing in Portugal.

[witchesindublin]

It's famous that the Portuguese and Spanish live with their parents until 30s (increasingly 40s) and usually close to their grand parents.

[manuelabeledo]

Because the housing market has been effectively closed to many young people for a couple decades now.

Was the 2008 crisis also caused by digital nomads?

[ilyt]

Isn't that just housing market going to shit ?

[rcpt]

AirBnB disregards zoning laws to repurpose residential housing as hotels.

It's a completely different thing from new workers moving in to a city.

[chinchilla2020]

16k digital nomads will have a negligible effect on a country the size of Portugal.