Thousands protest in Portugal over housing crisis
FirstpostRents in Lisbon, a tourist hotspot, have jumped 65 per cent since 2015 and sale prices have sky-rocketed 137 per cent in that period Lisbon: Thousands of people took to the streets of Lisbon and other cities across Portugal on Saturday in protest against soaring rents and house prices at a time when high inflation is making it even tougher for people to make ends meet. “This is a social emergency.” Portugal is one of Western Europe’s poorest countries, with government data showing more than 50% of workers earned less than 1,000 euros per month last year. Rents in Lisbon, a tourist hotspot, have jumped 65% since 2015 and sale prices have sky-rocketed 137% in that period, figures from Confidencial Imobiliario, which collects data on housing, show. At the protest, which was organised by the movement “Home to Live” and other groups, 35-year-old illustrator Diogo Guerra said he hears stories about people struggling to access housing every day.