Housing
IL with 24 measures to facilitate construction and create a "supply shock"
The Iniciativa Liberal party has proposed a 24-measure plan to the government aimed at addressing the housing crisis by increasing supply. Key proposals include a national licensing portal, standardized national building rules, VAT at 6% for all residential construction, tax exemptions for property donations and inheritances, tax breaks for landlords who put vacant properties on the rental market, and a state-backed insurance scheme to replace upfront rent payments.
Why it matters
These measures are currently proposals from an opposition party; if adopted or enacted, they could eventually lead to changes in housing taxes, rental regulations, and the requirements for renting a home in Portugal.Useful?
