some stats

Share experience regarding ownership of property and/or living in Portugal.
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martin
CVO Master
CVO Master
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Joined: Thu Mar 13, 2003 9:21 am

some stats

Post by martin »

some interesting stats from research company

see here

http://www.globalpropertyguide.com/Europe/Portugal

check also various sub pages

one section makes this point

"The total housing stock increased 28% from 1981 to 2001, while population only rose 4.4%. Almost 45% of Portugal’s present housing stock was built between 1981 and 1990.

With the economy hurtling into recession, the Portuguese housing market is expected to continue its downward price spiral until end-2010. Construction activity is also expected to slow significantly. Unemployment is estimated to rise to 8.5% in 2009, from 7.6% in 2008."
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