Thousands of demonstrators rallied across Portuguese cities Tuesday evening, hours after coordinated police operations dismantled protest camps in Lisbon's Rossio square and Porto's Dom Joao I square. Authorities seized 228 camping structures and arrested 55 people — all later released pending a Wednesday court appearance. The Lisbon camp, roughly 200 tents strong since Saturday, was cleared as protesters formed a human chain; Porto's demonstrators dismantled their own tents after police threats. By nightfall, more than 1,000 people gathered at each main protest site, and Lisbon demonstrators voted by show of hands to re-establish their camp on Wednesday. The proximate trigger is straightforward: Portugal's property purchase prices have more than doubled since 2017, while rents for new leases have nearly doubled over the same period. The crisis is sharpest in Lisbon and Porto, where residents blame excessive tourism and an influx of digital nomads for inflating costs beyond local wages. A 41-year-old communications consultant told Reuters: "If people don't feel at home, in every sense of the word, they can't move forward with their lives...enough is enough." The protesters' specific demands center on a bill already through its first parliamentary reading that would make evictions easier and end rent caps on new leases. That legislative direction is the crux of the structural conflict: a center-right government is responding to an affordability crisis by loosening tenant protections — a move that expands landlord and investor flexibility at the direct expense of the renters who are already being priced out. The bill addresses supply-side friction for property owners while doing nothing to address the demand-side pressure from tourism, short-term rentals, and foreign capital flows. Portugal's crisis is not isolated. In Madrid, activists maintain a tent camp that has run for nearly four weeks, sparked by the eviction of Maria del Carmen Abascal. Spain's housing protests have contributed to political turmoil significant enough to trigger a snap general election for November 29. Demonstrations over rising living costs have also erupted in France, Belgium, and Italy, with weekend violence on the margins of French protests raising concerns about contagion across countries facing comparable economic pressures. The European pattern reveals a common extraction structure: global capital flows into urban property markets, pricing out residents whose wages are set by local economies. Tourism and remote-worker demand compete with locals for a fixed housing stock, and governments — particularly center-right ones — respond with supply-side deregulation that primarily benefits asset holders. The cost falls on young workers, families, and long-term residents who lack the capital to compete. Portugal's 19-year-old history student Jorge Paixao framed the generational dimension plainly: his generation needs "the ability to live with dignity, start families and rejuvenate Portugal." The demographic implication is real — unaffordable housing doesn't just create protest movements, it suppresses family formation and drives young workers to emigrate, hollowing out the productive base of the economy. The government's current trajectory — clearing camps, advancing pro-eviction legislation, offering no demand-side intervention — is a bet that the protests will exhaust themselves. Spain's experience suggests otherwise. The question is whether Portugal's political system absorbs the pressure through policy adjustment or whether, as in Spain, it reaches a breaking point that reshapes the electoral calendar.