US EditionCitizens in Lisbon Spend 116% of Their Salaries on Housing
12 Articles
12 Articles
Citizens of the Portuguese capital already spend 116% of their wages on having a home, as housing has fallen on average in the EU by 58% between 2015 and the first quarter of 2025.
Only Lisbon, with a figure that shoots up to 116%, surpasses the two Spanish cities. In addition, the young people of Spain are the fifth ones that later become independent of the European Union Read
A European Council report warns that the price of rent in Spain has risen by 72% in the last decade, a very worrying percentage.
The European Council today released a preparatory report for Thursday's European summit in which it places Lisbon, Barcelona and Madrid as the cities of the European Union where the highest percentage of the salary is allocated to housing.
A report released this Wednesday by the European Council concludes that Lisbon is the city in the European Union - followed by Barcelona and Madrid - where residents allocate a higher percentage of their average salary to paying for housing (116%).
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