European Parliament warns of severe housing crisis in Portugal
A delegation from the European Parliament's housing committee described Portugal’s housing situation as severe following a two-day visit to Lisbon. Committee president Irene Tinagli highlighted an alarming percentage of properties used for tourism and a growing gap between market prices and local wages. The group called for a better balance between the tourism industry and the need for affordable housing for residents.
Irene Tinagli is an Italian economist and Member of the European Parliament who chairs the Committee on Economic and Monetary Affairs. She represents the Democratic Party (Partito Democratico) and belongs to the Progressive Alliance of Socialists and Democrats group. In Portugal, she has led delegations to monitor how the Recovery and Resilience Plan (Plano de Recuperação e Resiliência) is being used to address the housing crisis.
