"Spain and Portugal Struggle to Keep Pace with Housing Demand as Migrant Influx Exacerbates Crisis. A perfect storm of immigration, crippling bureaucracy, and skyrocketing construction costs has left the Iberian Peninsula facing a severe property shortage. As millions of migrants flock to these countries in search of a better life, local governments are grappling with the challenge of providing adequate housing. With prices soaring and availability dwindling, residents and newcomers alike are finding themselves priced out of the market, sparking concerns about the long-term sustainability of the region's economic growth."
Iberian neighbours afflicted by vast property shortages due to immigration, bureaucracy and high construction costs