RE: CCC's Street Art Contest #292 "The inevitable Hourglass" - Regg Salgado, Ajuda, Portugal
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I don't know where to start after reading your post... Regarding the real estate market, the same thing is happening in Spain... The gap between rich and poor is growing, and the middle class is disappearing... For (local) young people, it's almost impossible to buy a home, as there is no way to collect enough for the "entrance", and paying the mortgage for 50 years is crazy...
And regarding the mural, I like these "social awareness" artworks, which remind us about our weaknesses, our failure, and trying to push us to do better, to be better... There is no "nice way" to tell the rough truth, but there is no better wake up calls than that... I didn't know about the story of Alan Kurdi, so I followed your link to find more details about it... It's very sad to see people becoming more and more selfish, seeing so many divorced couples where children pay the price, and exploiting other tragedies is probably the worst thing of all... 😞
Thanks for sharing this beautiful mural and the story around it! Appreciate it!
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Good morning, ph1102!
How are you doing?
Thank you so much for your meaningful reply on my post, and for your appreciation too.
Sorry for the overdue in replying to your comment. A lot of work had kept me these last weeks a little bit off the Hive, nether less, i'm still able to post here in a daily basis.
The same problem that you find in Spain, we have too in Portugal. I bought my apartment back in 2010. I'm paying the mortgage to the bank since them. And I can say it, that if I try to buy a house,a small one, on these days, it would be impossible to get a bank loan for it. The prices of them skyrocket, since then... and for one person, it is prettily impossible to afford one rent, based on the medium salary income that didn't followed those increments.
Sometimes, I feel that the middle wage classes are becoming more and more attacked from the global financial positions, and the next years aren't going to be lighter, as we look on the recent world events.
Have a great Sunday!