Connect with us

Economy

0:59 – Is Portugal one of the countries where owning a house is getting more expensive?

Published

on

0:59 - Is Portugal one of the countries where owning a house is getting more expensive?

The chart goes back five years ago, to the first quarter of 2017, and shows the relative position of 46 OECD countries in real home price growth compared to 2015. In 2017, Portugal is always in the top ten groups and ends the series in 5th place, behind only Hungary, Iceland, the Czech Republic and New Zealand.

Now with more affordable homes than in 2015, Brazil, Saudi Arabia, South Africa, Italy, as well as India and Indonesia – although in these last two cases, the most recent data is still from the 4th quarter of 2021. The rest of the countries with values ​​for the 1st quarter of 2022, including Portugal, have indices above 100, that is, the real cost of housing has risen in price.

The real cost of housing takes into account the nominal value of housing and household consumption spending in each country. The two indices are seasonally adjusted and compared to a baseline (2015 = 100).

keyboard_arrow_down

Change in the real cost of housing
Compared to 2015 (base 100)

OECD

Portugal (165.2) has a much higher index than the OECD average (134.3) and the eurozone average (127.7) in Q1 2022. The Portuguese line has been deviating from the consistent behavior of these two benchmark averages since 2015 (see above).

keyboard_arrow_down

House face value index
In Portugal and in the OECD (2015 = 100)

OECD

The selling price of houses in Portugal has risen since the late 1980s – a long series of house price data from OECD starts in 1988 – before the crisis substandard in 2007. Until 2013, years of crisis and falling prices followed.

See also  One of the most famous traders in the market lists 5 cryptocurrencies that can track bitcoin by 50%.

The nominal value of housing, which includes the sale price of new and used homes, has risen for eight years in a row. Also in this case, Portugal has a much higher index (168.8) than the OECD average (145.2) compared to 2015 prices (=100).

keyboard_arrow_down

Rental price index
In Portugal and Eurozone (2015 = 100)

OECD

The rental price index also compares annual values ​​with 2015 (=100). The Portuguese indicator has always been below the Eurozone average until 2013. After updating the oldest rental rates, the national market has leveled off with the average of 19 countries, and over the past two years, the Portuguese index has been even higher than the partners of the single currency. . In other words, rent in Portugal was more expensive than in other countries in the same group.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Economy

Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners

Published

on

Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

Continue Reading

Economy

The first Dacia hybrid. “The cheapest hybrid family on the market”

Published

on

The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

Continue Reading

Economy

See how Tesla tests its electric Semi truck in the worst-case scenarios

Published

on

Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.


Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

See also  Virgin Galactic's Space Flights Suspended - Business

high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

Continue Reading

Trending