Portugal’s government passed a package of new laws and regulations on Thursday aimed at combatting the country’s housing crisis. Among the changes: No more short-term rental licenses are to be granted in the nation’s urban centers—meaning no more new city Airbnb s. Portugal has also ended its “golden visa” program, which granted non-European Union residents EU passports in exchange for investing more than €350,000 in real estate in certain areas. Often, through “golden visas” property developers would flip buildings into short-term rentals (usually Airbnbs) to maximize their profits. “The great appeal of our cities is not to turn [us] into...