However, recent developments offer hope for a more affordable future.

The Portuguese government has implemented several measures, including the "Mais Habitação" program, which aims to increase the housing supply and regulate short-term rentals.

The European Commission's announcement of a dedicated Housing Commissioner marks a significant step towards addressing this pan-European issue.

This new role is expected to develop a European Affordable Housing Plan, potentially doubling cohesion funding for housing projects.

For Portugal, this EU-level initiative could provide additional support and resources. The revision of state aid rules may give Portugal more flexibility in implementing affordable housing solutions.

With housing costs rising by over 40% in the past decade across the EU, this renewed focus brings hope for more accessible living spaces.The creation of a Housing Commissioner demonstrates a growing recognition of the human cost associated with the housing crisis.

As the EU and Portugal align their efforts, we can expect policies that will help reduce the cost of living and make housing more affordable for all.

You can read more about it here.