8.1 C
London
Tuesday, March 11, 2025
HomeBusinessTent-dwelling migrants rally against Portugal's costly housing

Tent-dwelling migrants rally against Portugal’s costly housing

Date:

Related stories

Trump’s Potential Path to Victory in Ukraine

The Trump team is encountering difficulties in devising a...

Great Deal: Save $100 on Sennheiser Accentum Earbuds

As of February 25, the Sennheiser Accentum True Wireless...

Thieves Steal $2 Million in Nikes from Freight Trains

Authorities are conducting investigations into a series of heists...

Wealthiest U.S. households contribute almost half of consumer spending

A report by Moody's Analytics, authored by chief economist...
spot_img

Thousands of people took to the streets of Lisbon, Porto, and other cities in Portugal in protest against the skyrocketing rents and house prices that have left many unable to afford decent housing. The housing crisis in Portugal has been exacerbated by the country’s growing gentrification and record levels of tourism. The average monthly wage in Portugal is around 1,200 euros ($1,268), but the 65% increase in rents since the start of the tourism boom in 2015 has made apartments unaffordable for many. Sale prices have also risen by 137% in the same period, leaving migrants and precarious workers in a particularly vulnerable position.

The protests in Portugal highlighted the urgent need for affordable housing and criticized the government for not doing enough to address the crisis. The demonstrators demanded higher salaries, rent controls, and solutions for rising interest rates. The measures that were announced earlier this year, including curbs on Airbnb short-term rentals, were seen as insufficient to tackle the issue. Wealthy foreigners investing in property and a chronic shortage of affordable housing were also identified as contributing factors to the housing crisis.

The dire situation has left many people struggling to find suitable housing. Some, like Marcia Leandro from Brazil, have resorted to living in tents. Leandro moved to Portugal with aspirations of becoming a chef but was unable to afford rent after losing her job as a cleaner. She now lives in a tent, hoping to save money and eventually achieve her dream. Many migrants, like Leandro’s neighbor Andreia Costa, face similar challenges. Costa used to spend half of her monthly wage on renting a dwelling in her landlord’s garden and now aims to buy a caravan before winter hits.

Overall, the protests in Portugal shed light on the severe housing crisis that has disproportionately affected low-income individuals, migrants, and precarious workers in the country. The rallies served as a reminder of the pressing need for affordable housing solutions, higher wages, and comprehensive measures to address the root causes of the crisis. While the government has taken some steps to regulate the housing market, it is clear that more needs to be done to ensure that housing becomes a right accessible to all.

Source link

DMN8 Partners
DMN8 Partnershttps://salvonow.com/
DMN8 Partners utilizes a strategy of Cross Channel marketing including local search engine optimization, PPC, messaging and hyper-targeted audiences allow our clients to experience results and ROI that fuel growth and expansion in their operations. There are a lot of digital marketing options across the country but partnering with an agency that understands multiple touches on multiple platforms allows your company’s message to be seen at the perfect time, on the perfect platform, by your perfect prospect. DMN8 Partners has had years of experience growing businesses. Start growing your business today and begin DOMINATE-ing your market.