Louçã: property funds drove about 80% of transactions in the first half, and the Government is "fingir que faz"
Francisco Louçã
In a Lusa interview published on 7 November, ahead of his final lecture at ISEG, economist and former Bloco de Esquerda coordinator Francisco Louçã said property funds accounted for roughly 80% of property purchases and sales in the first half of the year and argued the country should take power away from them. He also criticised the PS's public guarantee and tax-benefit proposals as price-inflating, preferring rent-controlled release of existing homes, and called the PRR a missed opportunity. Treat the 80% figure as his claim, not a published statistic.
“fingir que faz”
Why it matters: It is the clearest statement yet of the argument that fiscal support for buyers feeds prices rather than supply — the line any guarantee or exemption in the OE2027 will have to survive.