EU's Bold Housing Proposals: Landlords Fume, Tenants Cheer in Portugal
Público16 hours ago
870

EU's Bold Housing Proposals: Landlords Fume, Tenants Cheer in Portugal

Politics
housing
portugal
eu
rentcontrol
realestate
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Summary:

  • European Commission recommends rent control and limits on local accommodation to tackle Portugal's housing crisis.

  • Landlords argue against EU interference, fearing negative impacts on the rental market.

  • Tenants support the proposals, especially rent control, as a step towards affordability.

  • Local accommodation sector claims new national laws already address EU concerns.

  • Debate highlights tension between regulation and market freedom in housing policy.

The European Commission's unprecedented stance on Portugal's housing crisis has sparked a heated debate between landlords and tenants. Landlords criticize Brussels for overstepping into member states' competencies, while tenants applaud the proposals, especially the call for rent control.

Key Recommendations from the European Commission

  • Control of rent prices to make housing more affordable.
  • Tighter limits on local accommodation in high-pressure zones.
  • Utilization of vacant properties, both public and private, to boost housing supply.
  • Expansion of the housing first policy, prioritizing immediate housing for the homeless.

Landlords' Backlash

Luís Menezes Leitão, president of the Lisbon Landlords Association, argues that housing policy should remain a national competence. He warns that rent control could deter investment and reduce the rental market's vitality, citing past experiences where such measures allegedly "destroyed" the rental sector.

Tenants' Support

Pedro Ventura of the Lisbon Tenants Association highlights the urgency of addressing the housing crisis, praising the EU's recognition of the issue. The association has long advocated for rent limits, proposing various models to regulate prices effectively.

Local Accommodation Concerns

Eduardo Miranda from the Local Accommodation Association in Portugal points out that new laws already allow municipalities to regulate local accommodation based on local needs, suggesting the EU's recommendations may be outdated.

This divide underscores the complex balance between regulation and market freedom in solving Portugal's housing challenges.

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