The housing crisis in big cities - an analysis
The increase in house prices and rents has outstripped that of salaries, making access to housing more difficult, especially in Lisbon and Porto. House prices have thus contributed to accentuating inequalities in Portugal. This FFMS policy paper suggests short, medium and long-term public policies to solve the housing crisis facing the country, based on housing policies adopted by other countries.
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The housing crisis in big cities
This policy paper from Fundação Francisco Manuel dos Santos analyses the developments in the real estate market in the country – focusing more closely on Lisbon and Porto – and proposes strategies to respond to the difficulties in access to housing.
The research looks at the dynamics of the Portuguese real estate market in recent years to answer questions such as:
- What has been the impact of the pandemic on access to housing?
- How is the market reacting to rising inflation?
- Are house prices overvalued or not?
- What can we learn from international experience in housing policy?
- What strategies can Portugal adopt to guarantee homes for all citizens?
Through this policy paper, Fundação Francisco Manuel dos Santos seeks to contribute to a deeper understanding of the developments in the housing market in Portugal and to facilitate the definition of housing policies that are appropriate to the challenges facing the country.
There are no immediate solutions to the problem of access to housing, which is likely to continue to worsen in the coming years. A long-term vision and an integrated approach to the problem are needed: at macro level, through coherent government and municipal policies, and at micro level, through individual projects.