Digital Nomads and Housing Squeeze

Digital Nomads Housing Squeeze

Digital nomads and the housing squeeze are a growing problem

After the pandemic, many Americans relocated to more affordable locations working remotely. For example, Mexico became a popular destination because close to the US., and locals started to complain about rising rents and gentrifications. 

Especially in the capital, some neighborhoods have been completely reconverted, pushing away local renters. However, Mexico City isn’t the only case related to digital nomads and the increasing rent pricing. 

Lisbon is another vibrant hub for digital nomads and remote workers. As for Mexico, renters increased their prices through Airbnb and short-term arrangements. If most foreigners can afford these prices, Lisbon and New Mexico ranked among the worse cities for rents and salaries (CIA Landlord Insurance).

For example, the average price for the night for around 10,000 apartments on Mexico City Airbnb is 1,450 pesos ($72). And 95% of Mexican workers earn less than 518 pesos ($26) per day (Inside Airbnb).

Issues related to digital nomads and housing squeeze show the necessity of regulating this trend to benefit travelers and locals. 

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