A new study from the Vienna University of Technology analyzed the accessibility of the housing market in several European countries and concluded that almost half of Europeans can only afford the equivalent of an apartment of up to 50 square meters. The study assessed housing purchasing capacity in different markets across the continent.
The Portuguese housing market was included by the study among those considered "systematically inaccessible" to medium-income buyers. This classification indicates that, even for people with incomes considered average, access to home purchasing in Portugal presents significant and persistent barriers.
The study covered multiple European markets, allowing comparisons between different countries. The analysis focused on the relationship between buyers' incomes and the prices practiced in the real estate market of each region studied.
The overall conclusion of the research suggests that the housing accessibility crisis is not an isolated problem, but rather a reality that affects a substantial portion of the European population, with Portugal representing one of the most problematic cases within this continental trend.
