10.01.2012 - The cusp of a 2012 Brazilian property bubble burst?
Brazil’s reputation, after a lulled period during the initial phases of the 2008 crisis, was fortified as a real estate destination well worth paying attention to – with a massive housing deficit, a well-capitalised banking system and several other solid economic fundamentals. Nevertheless, in an ongoing climate of global economic uncertainty, it would seem that no property market is immune. Particularly over the last year, however, prices have reached levels that even the most bullish of onlookers are viewing with some trepidation...........................................Full Article: Source
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