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Search resuls for: "Confidencial Imobiliario"


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But Portugal's housing crisis curbed her dreams and forced her to live in a tent. Sale prices have skyrocketed 137% in that period, according to housing data specialists Confidencial Imobiliario. Brazilians, who make up 40% of Portugal's migrant community, on average earn around 20% less than Portuguese, according to the Migration Observatory. At Saturday's rallies in Lisbon, Porto and other cities, protesters carried banners reading "Housing is a right!" The 2021 census showed that nearly 38% of Portugal's foreign population lived in overcrowded households, and various rights groups have said migrants often face discrimination in access to housing.
Persons: Marcia Leandro, Andreia Costa, Confidencial, Leandro, Dinis Lourenco, Lourenco, Costa, Miguel Pereira, Catarina Demony, Andrei Khalip, David Holmes Organizations: Confidencial Imobiliario, Migration, Socialist, Thomson Locations: LISBON, Portugal, Brazil, Lisbon, Western, Porto
[1/3] People demonstrate for the right to affordable housing in Lisbon, Portugal, April 1, 2023. "There is a huge housing crisis today," Rita Silva, from the Habita housing group, said at the Lisbon protest. Portugal is one of Western Europe's poorest countries, with government data showing more than 50% of workers earned less than 1,000 euros ($1,084) per month last year. The average rent for a one-bedroom flat in Lisbon is around 1,350 euros, a study by housing portal Imovirtual showed. 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.
Since then, critics say those schemes have come back to bite the economy by ramping up competition for scarce housing - fuelling inflation and piling pressure particularly onto young, local, entry-level workers. Rents in Lisbon have jumped 65% since 2015 and sale prices have sky-rocketed 137%, figures from Confidencial Imobiliario, which collects data on housing, show. Locals struggled to keep up in a country where public housing only represents 2% of the property market, according to government data. The average rent for a one-bedroom flat in Lisbon is around 1,350 euros, a study by housing portal Imovirtual showed. "If housing stays this expensive or gets worse, (foreign) people ... will start moving back to their own countries."
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