Portugal

“We are not having the necessary urgency” in housing, says Governor of Banco de Portugal

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 07/10/2026, 11:41:24 UTC.

Briefings

Portuguese Governor Álvaro Santos Pereira declared a critical housing shortage, stating that Portugal has the lowest public housing indicators among OECD nations. He emphasized that the government's 40,000-home target by December 2026 is insufficient, noting a gap of 300,000 homes. Pereira urged immediate action, highlighting that local authorities must fund construction independently of the Recovery and Resilience Plan due to budget constraints.

Key points

• Portugal has the lowest public housing indicators among OECD nations, according to Governor Álvaro Santos Pereira.
• The government's target of 40,000 homes by December 2026 is insufficient, with a gap of 300,000 homes.

Context

Governor Álvaro Santos Pereira, speaking at the Museu do Dinheiro in Lisbon, highlighted Portugal's critical housing deficit. The PRR aims for 40,000 homes by 2026, but Pereira noted a 300,000-home shortfall. Local authorities must fund housing construction independently of the national PRR due to budget constraints.

Limitations

Evidence covers only the October 2026 presentation by Governor Santos Pereira. Specific local housing statistics are not provided, and the exact impact of immigration on construction is described as a policy suggestion rather than a confirmed outcome.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 27/10/2026, 15:29:32 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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