Thousands of people from the north and south of the country are expected to demonstrate for housing. The latest protests took place in September in various cities.

“Just today I spoke to a woman who lives with her daughter, and that, in addition to the mandatory rent increase of almost 7%, the landlord intends to charge an additional 60%, since the contract is annual,” she says. tells CM Vasco Barata, spokesman for the movement organizing the housing demonstration that will take to the streets this Saturday. Thousands of people are expected from the north to the south of the country in about 20 cities.

“This demonstration is not on the part of political parties, because the housing problem persists and can only get worse without concrete measures,” explains the activist.

The latest data from the National Institute of Statistics (INE) shows that the interest rate built into home loan contracts reached its highest level since 2009 in December, reaching 4.593%, up 6.9 basis points from last month. The average contribution reached 400 euros, which is 101 euros more than in the previous year and this amount has never been fixed since 2009. During the past year, the average annual interest rate reached 3.612%, and in 2022 it was 1.084%.
In leasing the situation is repeated. The latest INE data shows that in the third quarter of 2023, average new contract revenue was up 10.5% compared to 2022.

Vasco Barata says the goal of the demonstration is to ensure that “in the next election cycle, concrete measures are taken to combat the crisis in the sector.” Virtually all party government programs included measures in this area. BE, PCP and PAN confirmed CM who will be at the rally.