A stagnant economy and spiraling cost of living in Portugal are forcing a generation of young people to seek opportunities elsewhere – a brain drain that costs the economy billions of dollars in lost revenue. The government’s planning generous tax breaks for young people to encourage them to stay. But even that might not be enough. Al Jazeera’s Jonah Hull reports from Lisbon, Portugal. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #Portugal #Employment #PortugalBrainDrain #WebSummit #Lisbon #TechBoom #BrainDrain #AlJazeeraEnglish #PortugalEconomy
Home prices have skyrocketed during the pandemic while supply chains and labor issues have crippled contractors, leading to a nationwide housing shortage. NBC News’ Guad Venegas reports from Reno, Nevada, a booming town struggling to keep up with demand. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from […]
Nigeria’s housing crisis has been made worse by the COVID-19 pandemic – with homeownership now out of reach for many people. But for those who have the money, there is no shortage of options in a booming luxury housing market. Al Jazeera’s Fidelis Mbah reports from the capital Abuja – in the second of our four-part series on the rising cost of housing. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #Nigeria
Rising property prices in South Korea are putting house purchases beyond the reach of many young people. It has become one of the major issues in local elections taking place this week. The government promised to take measures to calm the market, and recently announced plans for more affordable housing. But a state-owned company is accused of insider trading, buying up land that will be used for housing in advance. Al Jazeera’s Rob McBride reports from Seoul, South Korea. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #SouthKorea
