The Portuguese took to mass protests due to the housing crisis – property prices jumped by more than 75%

World News

Portuguese mass protests over housing crisis – real estate prices jumped over 75%

Thousands of people took to the streets of Lisbon and other cities in Portugal on Saturday, April 1 , in protest against skyrocketing rents and house prices.

Reuters reports.

Portugal is one of the poorest countries in Western Europe, with more than 50% of employees earned less than 1,000 euros per month last year. The minimum wage is 760 euros. Portugal's current inflation rate is 8.2%.

Leave a Reply