View from the Tagus River of Lisbon, the capital city of Portugal with the old city Alfama. Photo: Wolfgang Kaehler/LightRocket via Getty Images If you walked the streets of Lisbon at the end of last year, just after Portugal voted to reelect its surprisingly successful center/left coalition government, it wouldn’t take long to notice something strange. The people spilling out of the capital’s beautiful old apartment buildings were very often, very obviously, tourists — not locals on their way to work, but usually groups of well-to-do 20-somethings looking for an upscale café or jumping on electric Ubers bicycles to find some attraction. When you did see the rare old woman still living downtown in the ancient city, she was usually trailed by a young man with an expensive camera, trying to get a shot of the workaday Portuguese life that had all but vanished. As Lisbon rapidly transformed into a tourist destination over the last decade, the number of Airbnb units skyrocketed — driving up the cost of housing, and pushing longtime residents out of the city center. When 2020 started, many neighborhoods were more than one third short-term housing; in the worst-affected part of town, around 55 percent of… Read full this story
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