Re:The Portuguese can no longer afford to live in Portugal
by somewhereoutth on Friday September 02, 2022 @07:09PM
(#32696770)
Yes exactly this. And like other resource extraction industries, tourism does not provide many high skilled jobs and is not supportive of a growing and successful middle class, favouring wealth holders over wealth creators.
Others have said it before, but mass tourism is the new Dutch disease [1]. Pure tourist cities like Venice are already too affected by it to have a chance of getting back to a normal economic and social life, but there are other cities that are still trying to fight it, like Barcelona. Not sure if there are any political forces in Lisbon or Porto ready to take the same stance.
[1] https://en.wikipedia.org/wiki/Dutch_disease