Remove “Portugal” and insert whichever country of your preference
Thanks, golden visa
1990 =/=100 in this graph. It seems more like 2000 could be 100.
Keep allowing everyone in, next year we are be living in tents. Unemployed.
Not sure what are the official statistics, but was looking to buy a house in Portugal. After browsing through thousands of houses had a peek outside their borders to check the prices with their neighbour – Spain. Been quite surprised to see houses 30-40% cheaper there. Especially with GDP per capita in Portugal being lower than in Spain.
Graph goes up, life goes gooder. Right, right???
waiting for the market to collapse to buy a house
Greedy Portuguese landlords?
I blame the rise of digital nomads.
Same shit also in Greece.
Golden visa is a cancer!
I’m honestly more surprised that the prices were almost flat until 2018. Why was it like that?
Solution:
* Impose high taxes on private owners and businesses that own more than two family houses, so they will be forced to sell the rest. Houses should not be treated as investments, because in games like this, rich guys always win.
* Impose high taxes on people who keep empty houses/flats but do not live there, so they will have to rent or sell them.
* Relax/remove/reduce all rules, permits, and taxes on new house building. (No subsidies)
There is no shortage of space, no shortage of building materials, and building houses does not involve any expensive or complex technologies. It is all about greed and the government’s lack of courage to do anything.
No particular dip around 2008?
Can confirm. My Mom bought her apartment (two bedrooms + huge living room + garage spot) 20 years ago for just under 65k€ and we could probably sell it today for around 210k€.
My father’s apartment is just the same: bought 18 years ago, 4 bedrooms, huge living room, garage spot, city center, around 190k€, apartment next door was just sold for 450k€.
Crazy.
Edit: two different cities (not Lisbon).
Holy shit! That’s cheap!
Your house prices went up in 2018 and barely moved since the nineties before that? Lucky bastards.
19 comments
Remove “Portugal” and insert whichever country of your preference
Thanks, golden visa
1990 =/=100 in this graph. It seems more like 2000 could be 100.
Keep allowing everyone in, next year we are be living in tents. Unemployed.
Not sure what are the official statistics, but was looking to buy a house in Portugal. After browsing through thousands of houses had a peek outside their borders to check the prices with their neighbour – Spain. Been quite surprised to see houses 30-40% cheaper there. Especially with GDP per capita in Portugal being lower than in Spain.
Graph goes up, life goes gooder. Right, right???
waiting for the market to collapse to buy a house
Greedy Portuguese landlords?
I blame the rise of digital nomads.
Same shit also in Greece.
Golden visa is a cancer!
I’m honestly more surprised that the prices were almost flat until 2018. Why was it like that?
Solution:
* Impose high taxes on private owners and businesses that own more than two family houses, so they will be forced to sell the rest. Houses should not be treated as investments, because in games like this, rich guys always win.
* Impose high taxes on people who keep empty houses/flats but do not live there, so they will have to rent or sell them.
* Relax/remove/reduce all rules, permits, and taxes on new house building. (No subsidies)
There is no shortage of space, no shortage of building materials, and building houses does not involve any expensive or complex technologies. It is all about greed and the government’s lack of courage to do anything.
No particular dip around 2008?
Can confirm. My Mom bought her apartment (two bedrooms + huge living room + garage spot) 20 years ago for just under 65k€ and we could probably sell it today for around 210k€.
My father’s apartment is just the same: bought 18 years ago, 4 bedrooms, huge living room, garage spot, city center, around 190k€, apartment next door was just sold for 450k€.
Crazy.
Edit: two different cities (not Lisbon).
Holy shit! That’s cheap!
Your house prices went up in 2018 and barely moved since the nineties before that? Lucky bastards.
Golden Visas were announced in 2012 🤔
Golden Visa related, am I right
Good to be a Portuguese landlord I guess…