| Home | Main Menu |
|
|
Porto PhotosFrom: Porto, Portugal
Porto's historic center has many attractive but worn-looking 19th Century apartment houses. These buildings have suffered from neglect because rent-control laws have made it uneconomic for landlords to maintain them, let alone make improvements.
Also, landlords will be able to raise rents when they improve their buildings, and--because tenants will have to pay rents that are closer to market rates--it's likely that more buildings will be converted to owner-occupied apartments in the years ahead. In the long run, these changes should help to satisfy the growing demand for housing in the city center.
|
|
|
| Europe for Visitors - Home | | About us | | Press clippings | | Testimonials | Copyright © 1996-2024 Durant and Cheryl Imboden. All rights reserved. |
Recently,
the laws were changed to eliminate some of the more extreme loopholes (e.g., the
right of grown children to inherit their parents' rent-controlled apartment
leases). 
