Affordable housing crisis
Housing prices between 2012 and 2022 have increased by 120% in Lisbon, Portugal.
As a result of low public investment levels and the absence of strong public policies in the last decade, housing prices between 2012 and 2022 have increased by 120% in the Portuguese capital. Rental prices have also increased significantly, reaching more than 30% in the past five years. At the same time, income levels have remained relatively steady, thus hurting the purchasing power of the local population.
