Bank chief on the housing crisis: stop inventing measures, build more housing
As the Bank of Portugal prepares new rules to slow housing-credit growth, the CEO of BPI used the half-year results presentation to argue the opposite direction: the shortage is of houses, not of schemes. "Do not invent any more measures, please" — the fix, in his telling, is building far more housing.
Why it matters for your move
A useful reading of the market you are buying or renting into: the people financing it expect supply, not regulation, to decide prices. Nothing here changes tomorrow, but it tells you which way the pressure runs.
This is Re-locant.com’s own brief, written to explain what the update means for people moving to or living in Portugal. For the full original report, see the source below.