Owners are canceling leases and replacing them with 10% rent increases as they oppose the 2% limit on rent increases decreed for next year. Representatives of tenants assure that there is a problem of speculation.
“With this restriction, owners are legally opposed to renewing contracts and rent out again not with a renewal of 5.43% [que seria a do próximo ano] but 10%, for a month and a half,” he said. CM António Frias Marques, President of the National Association of Owners.
As for the tenants, they risk being evicted for failing to pay the amount requested by the landlords. “This is due to the speculations that entrepreneurs make. They don’t care about tenants. There are cases where the rent is 800 euros and they want to go up to 1600,” said Roman Lavadinho from the Lisbon Tenants Association. “Every day we receive complaints. Statistics show that 800 families in Lisbon are at risk of being evicted,” he added.
Author: Andres Pereira
Source: CM Jornal
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