How Lisbon made itself irresistible to tourists – and became the least affordable city in Europe | Agustín Cocola-Gant

How Lisbon made itself irresistible to tourists – and became the least affordable city in Europe | Agustín Cocola-Gant

Tourists stay in short-term rentals and foreigners buy second homes, while residents of the city rent rooms, not apartmentsIn this series, writers discuss the causes of – and solutions to – the housing crisis in key European citiesOver the past decade, Lisbon has undergone a dramatic transformation – from one of the most affordable capitals in Europe to the most unaffordable.Between 2014 and 2024, house prices in the city rose by 176%, and by mo…