Calls to ban non-residents buying property

  • 19 September, 23

The BE coordinator has defended the need for rent control, the reduction of banks’ interest margin and the ban on the sale of houses to non-residents as urgent solutions to lower housing prices.

Speaking during the closing session of the Forum Socialism, which took place in Viseu -, Mariana Mortágua said that it is urgently necessary to “control rents, with ceilings adjusted to each region, each type of property and , most important of all, adjusted to the salaries” paid in Portugal.

In her opinion, it is also necessary to “reduce the banks’ margin on interest”, since “profits of 5,000 million euros have been recorded in the last 18 months”.

“Limit the interest rate increases to the effort rate of each family and then, finally, we will have justice with the banking system in Portugal ”, she justified.

The leader of the block also said that it was necessary to “prohibit the sale of houses to non-residents”, with the exception of Portuguese emigrants, because this is inflating prices to “much above the wages paid in Portugal”.

Cre: Portugalnews

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