Real Estate
Europe’s Hottest Property Market Is Getting Too Hot for Some
Portugal is sticking with its golden visa program even though locals are being squeezed.
Ana Guerreiro points across the street at a handful of housing projects in Lisbon’s up-and-coming riverside neighborhood of Marvila. It’s where she moved in with her mother last year after soaring rents meant she could no longer afford to live alone.
“Prices have gone through the roof here,” said Guerreiro, 33, stepping outside the cafe where she waitresses for a break.