The European Commission announced its intention to establish common rules to limit local accommodation in areas where housing pressure is demonstrably affecting supply and prices. The institution admits that this type of accommodation contributes to the worsening of the housing crisis in several European cities.
The European Commissioner for Housing identified Lisbon as one of the most concerning cases, noting that rents in the Portuguese capital rose 103% over ten years. This data illustrates the magnitude of the problem the city faces regarding access to housing.
The Commission's proposal aims to create a common regulatory framework that allows local authorities to restrict local accommodation when its negative impact on the housing market is demonstrated. This measure comes at a time when several European capitals are struggling against the shortage of affordable housing.
