According to a report by Negócios, tenants will have to
prove their income, and if it has gone up, then the rent may also increase. However,
rent value cannot exceed the maximum limit of 1/15th of the property's equity
value (VPT).
The paper states that the measure has taken owners and tenants
by surprise, who agree that the interpretation of the rule implies rents from
old contracts can rise again. “[The OE law] stipulates that during the period
of suspension, the rents of the leases can, in fact, be the subject of a new
update provided they meet certain criteria and limits”, confirmed an official
source from the Ministry of Infrastructure and Housing to the paper.
The Lisbon Owners Association (ALP) is already advising
associates to ask tenants to provide proof of the family's adjusted gross annual
income (RABC) for 2021, while the consumer protection association Deco and
representatives of tenants fear that families will not be able to pay the new
rents.
Isn't Socialism wonderful!
By Greg from Other on 22 Jul 2022, 11:19
I think this is regulated Capitalism Greg. If we had socialism we wouldn't have landlords and tenants, just citizens!
By Russell Taylor from Other on 23 Jul 2022, 12:34
Rents should not be regulated by government, far less frozen for decades by government decree, but determined by supply and demand. The appropriate rent level is the price the highest bidder for a property is prepared to pay. Why do people expect landlords to function like charities and give them something that is subsidised?
By Billy Bissett from Porto on 25 Jul 2022, 15:44