Americans head to Europe [including Portugal] for the good life on the cheap | The New York Times

“[Ben] Mitas and his wife, Megan, moved to Portugal from Florida in 2019, renting a four-bedroom apartment for 2,500 euros (or about $2,700) a month in Campo de Ourique, a quiet neighborhood with small shops and restaurants. Last year, they bought a 19th-century house in Lapa …,” the Times writes.

“For the Portuguese, with an average salary below €20,000 a year in 2021, the influx of Americans and subsequent rising prices are unsustainable,” the newspaper adds later.