Lisbon property, gold visas, holiday lets
Interesting, predictable, depressing article
https://www.theguardian.com/world/2021/dec/22/luxury-homes-short-lets-and-shacks-inside-lisbons-housing-crisis |
Re: Lisbon property, gold visas, holiday lets
It is all relative. Not sure what new insight the article is trying to share other than picking on the usual low hanging fruit such as the golden visa and holiday lets and then regaling us with "real life" stories of people who have been impacted by this in order to maximise the emotional angle. The piece about a minimum wage no longer being sufficient to rent a property in Lisbon made me laugh, I can't image how many decades ago a minimum wage would have stopped being sufficient to afford to live in the majority of capital cities in Europe. I would guess outside of a few key areas that significantly skew the numbers the impact of price rises will have been much more modest, who would have known. Relatively speaking Portugal remains one of the cheapest countries in Europe for housing whether you are renting or buying, for a bit of context you are welcome to spend some time in the UK which has been a basket case for everything housing related since around 2001.
|
Re: Lisbon property, gold visas, holiday lets
Originally Posted by nb888
(Post 13083446)
It is all relative. Not sure what new insight the article is trying to share other than picking on the usual low hanging fruit such as the golden visa and holiday lets and then regaling us with "real life" stories of people who have been impacted by this in order to maximise the emotional angle. The piece about a minimum wage no longer being sufficient to rent a property in Lisbon made me laugh, I can't image how many decades ago a minimum wage would have stopped being sufficient to afford to live in the majority of capital cities in Europe. I would guess outside of a few key areas that significantly skew the numbers the impact of price rises will have been much more modest, who would have known. Relatively speaking Portugal remains one of the cheapest countries in Europe for housing whether you are renting or buying, for a bit of context you are welcome to spend some time in the UK which has been a basket case for everything housing related since around 2001.
looks like Lisbon's gentrification and all its effects is inevitable. Slightly surprised at the low % of social housing though. And the heretofore minimum residence requirements for gold visas. |
Re: Lisbon property, gold visas, holiday lets
At the same time, there are numerous towns and villages further inland, which are underpopulated and where there is more than enough vacant housing. And work for that matter.
|
Re: Lisbon property, gold visas, holiday lets
Originally Posted by nb888
(Post 13083446)
It is all relative. Not sure what new insight the article is trying to share other than picking on the usual low hanging fruit such as the golden visa and holiday lets and then regaling us with "real life" stories of people who have been impacted by this in order to maximise the emotional angle. The piece about a minimum wage no longer being sufficient to rent a property in Lisbon made me laugh, I can't image how many decades ago a minimum wage would have stopped being sufficient to afford to live in the majority of capital cities in Europe. I would guess outside of a few key areas that significantly skew the numbers the impact of price rises will have been much more modest, who would have known. Relatively speaking Portugal remains one of the cheapest countries in Europe for housing whether you are renting or buying, for a bit of context you are welcome to spend some time in the UK which has been a basket case for everything housing related since around 2001.
|
Re: Lisbon property, gold visas, holiday lets
That's presumably why the Golden Visa is now only applicable to properties inland.,,,which seems the correct move. Shows what a success Portugal has made of attracting foreigners and their money....lured by the climate and the cheap cost of living. There's always downside to this though and the poor and vulnerable will always come off worse.
|
All times are GMT. The time now is 2:29 pm. |
Powered by vBulletin: ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.