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ناظورسيتي
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Portuguese Seek Rent Cuts
Thousands of people demonstrated in Lisbon and 30 other cities across Portugal over the housing crisis, demanding lower rents and higher wages. Tensions have risen since Parliament approved a bill making it easier to speed up evictions. Portugal saw Europe’s steepest rise in house prices relative to incomes between 2015 and 2025, at 61%, compared with 34% in the Netherlands. Home prices also rose 20% between the first quarters of 2025 and 2026, while rents have climbed 68% since 2020. The article attributes the worsening crisis to demand from foreign buyers and investment funds, the country’s appeal to retirees and remote workers, and the conversion of city-centre apartments into short-term tourist rentals.
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