Lisbon’s startup scene rises as Portugal gears up

Re:Lisbon’s startup scene rises as Portugal gears up by peferron on Thursday February 25, 2021 @11:02PM (#26271234)

Even without buying, you can spend a higher % of your income on rent and still end up saving more in absolute numbers; and the absolute number is what eventually matters unless you're dead set on picking a place and never moving again.

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Re:Lisbon’s startup scene rises as Portugal gears up by refurb on Thursday February 25, 2021 @11:56PM (#26271495)

Yup.

If your rent doubles from $1,000 to $2,000, but your salary doubled from $75,000 to $150,000, you incurred $12,000 more in expenses for $50,000 more in after tax income.

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Re:Lisbon’s startup scene rises as Portugal gears up by wooger on Friday February 26, 2021 @03:57AM (#26272729)

But you have to live in a specific place, and what you get for your $2000 is considered cramp squalor by the rest of the country.

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Re:Lisbon’s startup scene rises as Portugal gears up by refurb on Friday February 26, 2021 @04:14AM (#26272830)

Sure, but if you're making $50,000 more post-tax, you could always bump it up to a nicer place and still be ahead.

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