Housing dominates elections

Rising house prices cause concern again

Funchal, where housing dominates the elections

JM reports that the JPP (Together for the People) party was engaging with the population of Machico today as the final week of electioneering begins.

On the occasion, Élvio Sousa, JPP candidate for the Legislative Assembly of Madeira, addressed an issue that concerns Madeirans and Porto Santos, housing.

“The failures of the Regional Government in this matter are evident, they have for years underestimated the importance of the public supply of housing, which is why people are currently being driven away from centralities by the high prices charged.”

Élvio Sousa recalled the studies carried out that show the need to earn an income of around three thousand euros to be able to purchase a home in Madeira.

Housing dominates elections 1
Funchal compared with the Riviera in a previous well-read post

For JPP, the solution to this problem involves a greater public offer, but warns of the need for this to be “at reduced prices and not at one hundred and sixty thousand for a T1, as has been made public and which has not yet been denied”.

“Cooperative housing, subsidized credits and income support for couples are fundamental, “because paying 1000 euros for a T1 or a T2 is unaffordable.”

Placing a public offer on the market quickly and defining housing as a true priority is, according to the JPP candidate, the best way to resolve the problem.

“Low-price housing must be built by the Regional Government and not granted to friends, especially to then speculate on the price, as has been the case. What will happen is that the high price of housing will drag more Madeirans and Porto Santos into poverty”, concludes Élvio Sousa.

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