Which is the European country that will modify its housing policy and harm foreigners

It is that the Low salaries that offers the Portuguese country They are not enough to get a property and concern is growing, according to statistical data.

Within this framework, different studies showed that the average sales value in Lisboa surpassed in 2022 that of Milan, Madrid or Barcelonawhile the rent was higher than that of the Spanish capital and only slightly lower than that of Milan.

With those numbers in sight, the very Government He chose to try to end this problem accompanying the situation with a series of palliative measures.

One of them is to eliminate the program that grants residence visas to foreigners for investments in the country and also new licenses for tourist apartments are prohibited.

controversial initiative

An action of the government plan has to do with forced rental of unoccupied dwellings. He National Institute of Statistics has registered 723,215 empty homes throughout the country. Faced with this situation, the State may rent them to sublet them for five years and act as a real estate mediator, charging the tenant and paying the owner. These rents can never exceed 35% of the income of the family nucleus. The State will assume the unpaid rent, so that the owners always receive it, and will negotiate with the tenant a solution for the debt, which in the worst case may include eviction, details La Nación with information from El País in its report .

It is worth clarifying that the possibility is being considered that the Minister council approve the final version of the measures in March, which also incorporate tax benefits for owners with the aim of favoring long-term leasing.

Public interventionism will also extend to the prices of new rentals,something that had not happened in Portugal since 1985, when legislation was passed to liberalize them. From now on, a maximum rise ceiling will be established for new housing lease contracts, which will be linked to both the evolution and the inflation forecasts. This is intended to avoid skyrocketing rental prices, which end up forcing the departure of tenants who cannot afford them.

He Prime Minister Antonio Costa, revealed in an interview with the television channel TVI that they seek a “balance” between the needs of the population and economic development. Because one of the decisions directly affects tourism, a capital sector for the economy.

And he added: “Tourist apartments had many positive effects to revitalize our cities but they also have negative impacts such as rising prices,” who remarked that the license for those who are currently active in 2030 will be reviewed.

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