Rents are increasing because of social pressure, lots of people moving to the cities plus lots of Tourism associated with houses being bought for rental to those tourists.
Locals can’t compete with the prices, as simple as that.
People that used to pay 300€ to 600€ a month vs Tourists who are willing to pay twice as much per week…
Thank you for posting this.
I was shaking and crying as I didn’t see a post about it within the last hour.
“But it’s not simply an issue of supply. Researcher and activist Rita Silva, who helped set up the housing movement Habita, says there are “more houses than people, but prices don’t go down”. ”
Isto pó pessoal q anda aí a gemer q a solução é fazer mais casas. De q serve fazer mais casas se cobras 1.5K-2K por mês invariavelmente?
That shit is happening all over. International Media just found another example.
Nothing to see here, really.
How much residential property is owned (held hostage?) by Portugal’s national (Edit) government? Provincial/state government bodies? Cities? Towns? What’s the potential for public, private and/or hybrid public/private investment to add to available housing?
In prior visits, a fair amount of unoccupied buildings (likely past resident or commercial) appeared to exist in Lisbon, Porto, and Braga as well as mid- and smaller towns? Some run down, others in massively dilapidated condition, but some with potential to be renovated and added to the available housing stock and consequently to possibly generate tax revenue (versus just sitting unoccupied and falling into further worsening conditions).
Portugal “Social” goverment only cares for full pockets for him and friend.
Dont believe the paradise they sell, the people are suffering because the greed and corruption.
É só não votar no PS e PSDois que isto volta ao sitio.
Edit:
Até lá… Habituem-se…
O problema dos activistas é que já vão com o discurso engatilhado para os fundos imobiliários, o grande capital, etc, sem números sólidos para fundamentar que é esse o problema. Claro que há prédios detidos por fundos. Quantos são na percentagem do total? É mesmo aí que reside o problema? Ou vamos ignorar que nenhum proprietário, grande ou pequeno, tem incentivo para se meter no arrendamento acessível? Que nenhuma empresa de construção se mete num empreendimento que não seja de luxo porque senão não compensa? Se for preciso despejar quem não paga, o senhorio tem que esperar sentado. Querem continuar a sonhar com um mundo em que toda a gente é a madre Teresa de Calcutá e arrenda aos pobrezinhos porque sim ou querem criar condições para que o negócio seja viável?
Seria uma boa altura para um repeat de 1755..
>Her rent, at €300 (£262) a month, is low by the city’s current standards. But she still has to work two jobs to afford it.
?
A renda média em Lisboa é de 2000€??? Pago menos que isso no centro de Toronto e já acho caríssimo!
Gentrification is real
I felt this in real life from a buyer’s perspective.
I’m an American who put an offer on a home that had a load of issues and has been sitting on the market with no price reduction for two years. I offered a price a local realtor said was fair.
The counter was that it was “fixed price” and the owner was completely unwilling to negotiate, despite the time time on market and condition of the home.
Turns out it (and a host of other properties) are owned by a wealthy Portuguese businessman who owns a real estate firm. He bought up homes and lets them sit vacant, constraining supply and propping up prices.
It’s ridiculous, unethical and hurts everyone.
Parecia um artigo sério até aparecer o Diogo Faro.
15 comments
Hello r/Portugal,
Just read that you are suffering rent hikes even worst than other European countries.
I’m curious, is there any support for Georgism / extensive Land Value Taxes (LVT) in Portugal?
>Portugal housing crisis: ‘I’ve never left mum’s house’
FTFY
Hi, I had to look up what Georgism was.
I doubt many people have heard about it, so I would say no support for Georgism.
[https://en.wikipedia.org/wiki/Georgism](https://en.wikipedia.org/wiki/Georgism)
​
For those curious about it.
Rents are increasing because of social pressure, lots of people moving to the cities plus lots of Tourism associated with houses being bought for rental to those tourists.
Locals can’t compete with the prices, as simple as that.
People that used to pay 300€ to 600€ a month vs Tourists who are willing to pay twice as much per week…
Thank you for posting this.
I was shaking and crying as I didn’t see a post about it within the last hour.
“But it’s not simply an issue of supply. Researcher and activist Rita Silva, who helped set up the housing movement Habita, says there are “more houses than people, but prices don’t go down”. ”
Isto pó pessoal q anda aí a gemer q a solução é fazer mais casas. De q serve fazer mais casas se cobras 1.5K-2K por mês invariavelmente?
That shit is happening all over. International Media just found another example.
Nothing to see here, really.
How much residential property is owned (held hostage?) by Portugal’s national (Edit) government? Provincial/state government bodies? Cities? Towns? What’s the potential for public, private and/or hybrid public/private investment to add to available housing?
In prior visits, a fair amount of unoccupied buildings (likely past resident or commercial) appeared to exist in Lisbon, Porto, and Braga as well as mid- and smaller towns? Some run down, others in massively dilapidated condition, but some with potential to be renovated and added to the available housing stock and consequently to possibly generate tax revenue (versus just sitting unoccupied and falling into further worsening conditions).
Portugal “Social” goverment only cares for full pockets for him and friend.
Dont believe the paradise they sell, the people are suffering because the greed and corruption.
É só não votar no PS e PSDois que isto volta ao sitio.
Edit:
Até lá… Habituem-se…
O problema dos activistas é que já vão com o discurso engatilhado para os fundos imobiliários, o grande capital, etc, sem números sólidos para fundamentar que é esse o problema. Claro que há prédios detidos por fundos. Quantos são na percentagem do total? É mesmo aí que reside o problema? Ou vamos ignorar que nenhum proprietário, grande ou pequeno, tem incentivo para se meter no arrendamento acessível? Que nenhuma empresa de construção se mete num empreendimento que não seja de luxo porque senão não compensa? Se for preciso despejar quem não paga, o senhorio tem que esperar sentado. Querem continuar a sonhar com um mundo em que toda a gente é a madre Teresa de Calcutá e arrenda aos pobrezinhos porque sim ou querem criar condições para que o negócio seja viável?
Seria uma boa altura para um repeat de 1755..
>Her rent, at €300 (£262) a month, is low by the city’s current standards. But she still has to work two jobs to afford it.
?
A renda média em Lisboa é de 2000€??? Pago menos que isso no centro de Toronto e já acho caríssimo!
Gentrification is real
I felt this in real life from a buyer’s perspective.
I’m an American who put an offer on a home that had a load of issues and has been sitting on the market with no price reduction for two years. I offered a price a local realtor said was fair.
The counter was that it was “fixed price” and the owner was completely unwilling to negotiate, despite the time time on market and condition of the home.
Turns out it (and a host of other properties) are owned by a wealthy Portuguese businessman who owns a real estate firm. He bought up homes and lets them sit vacant, constraining supply and propping up prices.
It’s ridiculous, unethical and hurts everyone.
Parecia um artigo sério até aparecer o Diogo Faro.