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Portuguese Can only Finish Paying Off Their House at Age of 70
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5 Articles
Portugal Bank alerts: more than one fifth of the housing credits guaranteed by the State are already at high risk. Young people up to 35 years of age face greater dependence, longer benefits, higher effort rates and the impact of the rise in interest rates, in a context of house-to-house prices.
The Bank of Portugal calls attention to the fact that many customers have to pay after reform.
State guarantee is bringing more young people to the market, but also more debt, longer periods and higher risk in specific segments. State guarantee to young people can make house price rise and have associated macroeconomic risks
As a loan we are granted to each other rivers with high risk profile disappeared from 3% in 2024 to 21% in 2025. The Bank of Portugal attributed to the evolution of the State guarantee.
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