[NoRagrets]

The country’s left-wing coalition has prioritized private investment and economic growth over public services such as housing, education, and forest fire prevention.

https://www.thenation.com/article/archive/portugal-economy-p...

[..] The country’s left-wing coalition has prioritized private investment and economic growth over public services such as housing, education, and forest fire prevention.[..]

[..] PERKS FOR FOREIGNERS Portugal has tried since then to enhance its fiscal attractiveness as a stimulus to the real estate market. Since 2012, “golden visas”—five-year residence entitlements for non-EU foreigners who buy property in Portugal worth over €500,000—have brought in €4 billion. Non-habitual residency (NHR) status, which offers tax advantages, is available to EU pensioners who buy homes in Portugal.[..]

[..] BUDGETARY BOMB Portugal’s universities are almost bankrupt, and the health system is understaffed and under-resourced. The state body that runs the railways estimates that 60 percent of its infrastructure is in bad or mediocre condition. Social housing is just 2 percent of the housing stock. “A framework law on housing is currently being debated in parliament, but we already know how it will go,” said Rita Silva of Habita, a housing rights association. “Despite a few positive steps, there is no political will to invest public money in housing. [..]

And it goes on and on. Worth a read.