Latest news and stories about housing crisis in Porto, Porto, Portugal for expats and residents.
Portugal and Spain are struggling with significant residential property shortages, according to recent reports. The housing crisis in the Iberian region is driven by a combination of high construction costs, bureaucratic hurdles, and the impact of immigration on demand.
The president of the ALPN argues that Local Accommodation is not solely responsible for the housing crisis, emphasizing that market pressure stems from multiple factors ahead of a summit to discuss policy solutions.
The Left Bloc (BE) has criticised Porto Vivo and the IHRU for a stalled housing rehabilitation project in Porto, where payment delays led to the contractor abandoning the site, leaving eight families in housing uncertainty.
The bloc's new Affordable Housing Act will give local and regional governments legal cover to curb tourist flats.
The largest drops in the supply of rental properties were detected in Coimbra and Porto. However, the reduction was observed in six of the 20 district capitals and autonomous regions analysed.
“The solution is not in the market. If it were, the problem would be solved.” Protest in the centre of Porto complains about the housing crisis, which “not only continues, but is worsening.”
