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DSG – in the pipeline

Tag Archives: decline

Ageing and expensive rent rob young adults from Lisbon

22 Friday Sep 2017

Posted by Ursula in Posts

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ageing, decline, housing, ine, lisbon, rent, young

Lisbon has experienced the greatest decline in the number of young adults within Portugal in recent years. One factor contributing to the drop is the difficulty in finding affordable housing. In 2012, the median rent in Lisbon was €268, according to INE (“Instituto Nacional de Estadística”).  In 2016, the average climbed to €830.

But high rent is only part of the problem. The ageing of the population is at the root of the decrease. In 1991, Lisbon had 138 seniors for every 100 young people (from 0 to 14 years old). By 2016, the number of elderly rose to 182, a proportional increase of 24%, making Lisbon the oldest council in the nation. Provisional population estimates advanced by INE indicate that the number of young people aged between 20 and 34 living in Lisbon went down from 95,830 in 2011 to 67,916 in 2016, a net loss of 29%.

Brexit leads to decline in British holidaymakers

24 Thursday Aug 2017

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algarve, brexit, british, decline, holidaymakers

The 15% drop in the Pound after the UK decided to leave the European Union is contributing to a significant reduction in British visitors to the Algarve. In July alone, hotels registered 56,000 fewer English guests than a year earlier. Concern about the impact of Brexit would be even greater were it not for the crisis in Eastern Mediterranean which enhances Portugal’s appeal to other nationalities.

Housing sales rise in suburbs but rentals decline

27 Monday Feb 2017

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decline, housing, letting, rental, sale, suburbs

There are more houses being sold today but high prices in central urban areas are pushing buyers out to the suburbs. Simultaneously, rentals are in decline. Letting accounted for 60% of real estate activity at the height of the crisis but has fallen sharply in the last two years. In 2016, lets accounted for just 25% of housing turnovers.

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