Thousands rally in Portugal over housing crisis
· Economy · Portugal
Thousands rallied outside Portugal's parliament over the housing crisis and police operations. Prices have more than doubled since 2017 and new-lease rents have nearly doubled, squeezing residents out of the market.
Why it matters:Portugal is one of several European countries where soaring housing costs have become a political flashpoint, testing governments' ability to regulate rents and tourism.
Key points
- Prices have more than doubled since 2017.
- New-lease rents have nearly doubled.
- Protesters gathered outside parliament.
Sources (original reporting)
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