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Euronews
Euronews
Piero Cingari

Nearly 19 years of income to buy a home? Europe's least affordable housing markets

Europe Housing Market Euro Lisbon Portugal ABN AMRO

A home is more affordable relative to local incomes in Paris and London than in Lisbon.

Portugal has spent years marketing itself as one of Europe's great success stories: sunshine, safety, a booming tourism industry and an enviable quality of life. But behind the postcard image lies one of the continent's most stretched housing markets.

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