[nuerow]

> Else those remote works are just going to increase even more housing costs (both rent/real estate)

I'm not sure that's true. Remote work does not require workers to be at commute distance from anywhere, and it only requires them to have a reliable internet connection. Everyone I know who switched to remote work moved out of city centers and into places where both rent was lower and quality of life was higher.

What exactly leads you to believe that fleeing tech hubs and urban centers leads to higher rents?

[libertine]

>Everyone I know who switched to remote work moved out of city centers and into places where both rent was lower and quality of life was higher.

That's precisely my point, they're raising rent prices where rent was cheap - remember that construction isn't following growing demand, the supply of houses is the same.

>What exactly leads you to believe that fleeing tech hubs and urban centers leads to higher rents?

In the case of Portugal it's not tech hubs that are the cause for urban centers to have high rents, that's purely Tourism in our context. AirBnBs wiped a bunch of the supply, then pensioners and rich people that want to have houses in an European capital without paying London/Paris prices.

Hell for 500k they can buy an house and even get a EU passport after 5 years. Where else can you get this deal?