en 
Between July and September last year, the housing affordability index, which measures the relationship between the evolution of house prices and the evolution of income, reached 157.7 points, the highest value since the OECD has data for the country.
The higher the value, the more difficult it is to access housing.
This is the worst performance the country has ever recorded and makes it the country that, among the 30 OECD countries for which data is available, has the most difficulty accessing housing.
Portugal was also the country where access to housing deteriorated the most. In the third quarter of 2014, the index was at 99.6 points, that is, there was a 58.33% degradation in access to housing, while the reading for the third quarter of 2024 is 157.7 points.
English
Nederlands
Deutsch
Français
Español
Italiano
Svenska
Pусский
Română
中文
Türkçe
हिन्दी
Português
Українська
اردو
Polski
عربي
Suomi
עִברִית
Afrikaans
Português (Brasil)
Such a misleading statistic! A luxury/expat/vacation housing construction boom will drive this average up with no meaningful impact (other than job creation for residents) to availability. Think: Add one house costing a billion euros and this ratio wills shoot way up. We should be looking at median prices, or the supply of €100k houses, otherwise this is a misleading statistic that naive people will use to support a tangential narrative about how awful something is. Instead there may be cause to celebrate - this country above all is where very wealthy people want to go to build, relax, and spend their money.
By Brian Sanders from Other on 24 Feb 2025, 17:12
A very misleading statistic. A luxury/expat/vacation housing construction boom will drive this average up with no meaningful impact (other than job creation for residents) to availability. Think: If one house was built costing a billion euro, this statistic would shoot up - but what changed? We should be looking at median prices, or the supply of €100k houses, otherwise this is a misleading statistic that naive people will use to support a tangential narrative. In fact it can be viewed as good news - that very wealthy people want to bring their money and construction jobs to build 2 million euro villas that don't exist today. That does nothing but add to the economy without hurting anyone except people filled with envy.
By Brian Sanders from Other on 24 Feb 2025, 17:20