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throwaway72024

Tired of these articles. 10 years ago they blamed wealthy Chinese investors and empty homes. They added the empty homes tax, limited foreign ownership and added a bunch of bureaucracy for everyone (at least two extra filings per year if you own property). The problem has gotten much worse despite this.

It’s basic logic: explosive population growth to few major cities with supply that has no hope of keeping up.

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And a large component of that explosive population growth is tourism. It is also the easiest component to curtail. Let's get on with doing that while there is still something left of our city centers. Best wishes from Lisbon.

> tourism

Are the tourists really opting for the AirBNBs over hotels though?

I think it's mostly digital nomads (whatever you like to think of them they're different from just "normal tourists") occupying AirBNBs...? (With like monthly rentals and such)

Digital Nomads can't afford the tourist rates (100Euros/night?), but they are soaking up some of the market for higher end long term rentals and monthly rentals. There aren't actually that many of them though, relative to tourists and locals, and mostly they are looking to arbitrage cost of living, so can be quite cost conscious.

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