Many residents are being priced out of Portugal’s property market by rising rents, surging home prices and climbing mortgage rates, fueled by factors including the growing influx of foreign investors and tourists needing short-term rentals.
Daisy and a friend attach a Portuguese flag to her makeshift house while a low-cost airline jet approaches for landing in Lisbon, in Loures, Portugal, Monday, March 6, 2023. Daisy was hoping the flag could provide some kind of protection, before the arrival of municipal workers sent to demolish the house. Seven families, mostly immigrants from Sao Tome & Principe, were evicted and had their illegal houses demolished.
Daisy and a friend attach a Portuguese flag to her makeshift house while a low-cost airline jet approaches for landing in Lisbon, in Loures, Portugal, Monday, March 6, 2023. Daisy was hoping the flag could provide some kind of protection, before the arrival of municipal workers sent to demolish the house. Seven families, mostly immigrants from Sao Tome & Principe, were evicted and had their illegal houses demolished.
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