Housing. Problem "will take years" to resolve and it is not with one or two measures, says Paulo Macedo

Paulo Macedo, CEO of CGD, stated that the housing issue in Portugal will take years to resolve, emphasizing that it requires more than just a few measures. He advocates for increasing housing supply through various strategies, including affordable rents and public housing. Macedo noted that the rising house prices are abnormal and linked to a significant increase in population, which has created a disparity between demand and supply. He highlighted the need for a more dynamic rental market and suggested selective tax incentives for both supply and demand. Additionally, he supports housing initiatives for mobile workers and acknowledges the importance of assistance for young people.