Housing
Centeno: "We are launching a young generation into a level of debt that has not existed in Portugal for many decades"
Former Finance Minister and ex-central bank governor Mário Centeno criticized the government's public guarantee for housing loans, claiming it has reversed financial stability policies established in 2018. He notes that loans with a loan-to-value (LTV) ratio above 90% have surged to 19% in 2025, and high-risk loans rose to 21%, effectively undoing years of central bank macroprudential efforts that had brought these figures to near zero.
Why it mattersWhile this is a commentary on economic policy, the data confirms a significant increase in high-leverage mortgage lending for young buyers, which may indicate stricter lending environments or increased financial risk for those entering the property market.
CNN PortugalRead original ↗
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