Ricardo Gomes, president of AICCOPN, spoke about the measures adopted by the government to address the housing crisis in Portugal. After several years marked by lack of supply, rising prices and difficulty in meeting demand, the executive has taken several initiatives to accelerate housing construction in the country.
Among the measures approved by the government, the reduction of VAT on housing construction from 23% to 6% stands out. This fiscal change aims to boost the construction sector and increase the supply of housing in the Portuguese market.
When asked whether these measures will be sufficient to recover the existing housing deficit, Ricardo Gomes expressed caution. According to the president of AICCOPN, the impact of government measures on house prices is expected to be felt only in two to three years' time.
The article refers to a podcast where the full interview with Ricardo Gomes can be heard, in which the association leader further develops his analysis on the construction sector and the prospects for the Portuguese housing market.
