Summary:
Portuguese government accepts Socialist Party proposals for soil law changes
Amendments revoke the concept of “moderate price”
Restores “territorial contiguity criterion”
Castro Almeida warns of potential housing challenges for the middle class
Significant Changes to Portugal's Soil Law
The Portuguese government has embraced proposals from the Socialist Party (PS), leading to the approval of amendments to the soil law in Parliament.
Alterations to the soil law received light green with abstention from the PS
Photo: Leonardo NegrĂŁo/Archive
These amendments revoke the concept of “moderate price” and restore the “territorial contiguity criterion”. Castro Almeida, a spokesperson for the government, acknowledges these changes as a feasible solution but warns that they may reduce the availability of moderately priced housing for the middle class.
This legislative shift is crucial for addressing housing issues in Portugal, as it aims to balance land use and housing affordability amidst growing concerns over urban development and real estate prices.
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