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Policy changes and short-term rentals in Portugal: how do they affect real house prices
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Resumo(s)
In this paper, we examine the impact of short-term rentals and foreign population influx
on housing prices in Portugal from 2012 to 2021, especially after the introduction of the
policy of 2014 on short-term rentals. Utilizing data on housing prices, foreign residents, and
short-term rental registrations, it highlights significant trends, including a sharp increase in
housing prices post-2014 and an exponential growth in short-term rentals. The findings
reveal a positive correlation between short-term rentals, foreign population, and housing
prices, underscoring the influence of tourism and foreign investment. Our results emphasize
the need for balanced policies to ensure sustainable urban development and housing
affordability.
Descrição
Palavras-chave
Portugal Short-term rentals Housing markets Policy analysis