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Understanding the Impact of the Financial Crisis on Victims

Billy Conley02 mins

Impact of the Portuguese Financial Crisis on Housing

Nelson Garrido has spent over four years documenting the effects of the Portuguese financial crisis on the country's housing.
Nelson Garrido has spent over four years documenting the effects of the Portuguese financial crisis on the country’s housing.
"With the beginning of the real estate crisis, construction of new houses almost stopped and a lot constructions were left unfinished," Garrido explains. "Others, which were actually completed, were never sold or occupied."
“With the beginning of the real estate crisis, construction of new houses almost stopped and a lot of constructions were left unfinished,” Garrido explains. “Others, which were actually completed, were never sold or occupied.”
Garrido shoots one image per day, always at dusk.
Garrido shoots one image per day, always at dusk.
"This is when you start to notice people's presence in a building. They turn on the lights as they arrive home," Garrido says.
“This is when you start to notice people’s presence in a building. They turn on the lights as they arrive home,” Garrido says.
In the past, Garrido has photographed the Paiva Walkways in Arouca, Portugal, and abandoned industrial sites.
In the past, Garrido has photographed the Paiva Walkways in Arouca, Portugal, and abandoned industrial sites.

Exploring the Depth of Housing Crisis

Moreover, Garrido’s work illustrates the stark reality facing many urban dwellers. The cessation of new construction, coupled with numerous unfinished projects, speaks volumes about the economic downturn.

A Glimpse into Daily Life

Every dusk, Garrido captures one image, emphasizing the subtle presence of life within these structures. Consequently, his photographs not only show abandoned spaces but also highlight the emotional ties of individuals who once inhabited them.

Conclusion

In summary, Nelson Garrido’s photography serves as a poignant reflection of a society grappling with the consequences of financial instability. Through his lens, he offers a narrative that resonates deeply with both the architectural community and the general public. Exploring the stories behind these images not only sheds light on the crisis but also provokes thought on the future of housing in Portugal.


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