Would you like to see Ireland introduce some of these measures?
The Portuguese measures would also include the State renting vacant houses directly from landlords for five years in order to put them on the rental market.
Meanwhile, a new system to control rent increases would also be brought into effect as part of the sweep of plans."Housing is a central and cross-cutting concern of Portuguese society because it concerns all families and not just the most needy. But also to young people, the elderly and middle-class families," Costa wrote on Twitter.
"With the More Housing program, approved by the Council of Ministers, we seek to act in all its dimensions." states that Portugal is one of the poorest countries in Western Europe, citing low salaries, policies encouraging wealthy foreigners to invest, a tourism-dependent economy and inflation rates as causes for the county's housing crisis.The outlet also reports that it's not clear when the measures worth at least €900 million will take effect with Costa saying some will be approved next month while others will be voted on by lawmakers.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
QUIZ: JOE's Big News Of The Day Quiz #43 | JOE.ieThis time around on JOE's Big News of the Day Quiz, we're testing players on recent developments regarding Barry Keoghan, The White Lotus and more.
Read more »
QUIZ: JOE's Big News Of The Day Quiz #43 | JOE.ieThis time around on JOE's Big News of the Day Quiz, we're testing players on recent developments regarding Barry Keoghan, The White Lotus and more.
Read more »
Northern Ireland protocol deal ‘by no means done’, says Rishi SunakBritish PM plays down prospect of imminent agreement amid speculation one could be announced next week
Read more »
Family to leave Ireland after fire at thatch cottageA couple who lost everything in a devastating house fire at their 300-year-old thatch cottage in Co Offaly say they have been left with no option but to return to their native Finland.
Read more »
Northern Ireland protocol deal ‘by no means done’, says Rishi SunakBritish PM plays down prospect of imminent agreement amid speculation one could be announced next week
Read more »
The chances of snow hitting Ireland as experts brace for major weather eventWeather forecasters have mixed opinions on what effect the Sudden Stratospheric Warming will have on Ireland, as it could bring snow or it could have very little impact
Read more »