"Massive Portuguese Protests Demand Affordable Housing Rights"

1 min read
Source: Euronews
"Massive Portuguese Protests Demand Affordable Housing Rights"
Photo: Euronews
TL;DR Summary

Thousands of Portuguese citizens, including the middle class, took to the streets in Lisbon and other major cities to protest for the right to affordable housing. Rising rents, surging home prices, and climbing mortgage rates have made it increasingly difficult for many Portuguese, including the middle class, to afford housing. The protests highlight the need for structural changes to address the housing crisis, which has been exacerbated by factors such as the influx of foreign investors and tourists seeking short-term rentals. Portugal's government has introduced measures, but protesters argue that they fail to address the core issues affecting people's lives.

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