Tag: Lisbon
Lisbon housing crisis: Foreigners price local tenants out of the market
Many Portuguese are suffering due to the growing cost of living crisis. Making matters worse in Lisbon, remote workers moving to the city have begun to price natives out of the housing market. Foreign demand has pushed prices for property and services to record highs, and that causing enormous resentment, in particular towards landlords and developers. Al Jazeera’s Sonia Gallego reports from Lisbon, Portugal. Subscribe…