In this July 9, 2012 photo, Luis Menezes Leitao, president of the Lisbon Property Owners' Association looks out of the window of his office at the association's headquarters in Lisbon's

 

              In this July 9, 2012 photo, Luis Menezes Leitao, president of the Lisbon Property Owners
In this July 9, 2012 photo, Luis Menezes Leitao, president of the Lisbon Property Owners' Association looks out of the window of his office at the association's headquarters in Lisbon's upper-class Principe Real neighborhood during an interview. Portugal is scrapping its long-standing rent controls in one of the government's most radical economic and social reforms since the ailing country needed a euro 78 billion bailout last year, when it was engulfed by Europe's financial crisis. Critics say the anticipated rent hikes from next month could price thousands of families out of their homes. At the very least, the change aimed at boosting and modernizing the economy, will add to the financial burden on those struggling to cope with pay cuts and tax hikes designed to ease the country's crippling debt load. (AP Photo/Armando Franca)