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Housing: Lisbon worse than Barcelona or Berlin with an effort rate of 58%

Housing: Lisbon worse than Barcelona or Berlin with an effort rate of 58%

In Lisbon, the effort rate for renting a 2-bedroom apartment, taking into account a couple and a smaller household, can reach 58%, almost double that in Berlin and Barcelona. As a reminder, the effort rate is the ratio between the sum of expenses related to the main dwelling and household income. The expenses include for the owners the loan repayments for the purchase of the accommodation, the property tax and the co-ownership charges. According to an analysis by the Publico newspaper published on Monday, it would be twice as difficult to find a rental property in the Portuguese capital than in Berlin or Barcelona, ​​while these 2 cities have higher rental prices than in Lisbon . One reason is lower incomes. Lisbob, the expats assistant in Portugal, tells you everything about this survey.