"The initiative, billed by the city as a “risk-free” option, offers landlords the possibility of receiving up to €1,000 a month by renting their properties to the city for a minimum of five years. From there the city takes over, finding tenants and renting the homes at a subsidised rate capped at a third of the household’s net income."
What I read: "The city of Lisbon is willing to compensate parasite landlords for the next 5 years because property rights are still deemed more important than basic human rights"