How bad is the impact from Short Term rentals in Lisbon?
It’s not something that worries us. Still we get reminded about being foreigners when we leave the hotel and see the tags on the walls against gentrification, mass tourism and more hostile ones.
This was unheard of only a few years ago.
Like in most other European cities this hostility is caused by the excessive investments in local housing (short term holiday rentals) that force the locals out of their homes.
This ‘eviction’ is no secret – take a walk in Alfama and after a few minutes you feel it – the absence of local life. In Santa Maria Maior alone (Alfama, Baixa, Bairro Alto etc) the number of families are reduced from 12,000 to 10,000 in less than 4 years – at the same time the number of housing (holiday rental) units has increased from 43 to 759.
The problem is now so severe that the local politicians feel the impact from the decrease in voters. Santa Maria Maior Miguel Coelho is now taking action by suggesting a suspension in licensing until there is a permanent solution to the problem.
President of the parish council of Santa Maria Maior requests suspension of the licensing of local accommodation until the legislation is approved.
This is the solution pointed out by Miguel Coelho to stop the ‘wave of evictions’ that has already been classified by Helena Roseta as a ‘time bomb’.