Whilst bullish investors have successfully cashed in and out of the Brazilian property boom, does the country remain too risky? Not so long ago Brazil´s massive housing shortage, incipient mortgage market, low unemployment and encouraging social indicators stood in sharp contrast to the effects of the global economic crisis, spurring unprecedented levels of overseas...
Recorded in May 2014 at the “Worktech-14″ event, Milton Jungman, Latin American director of workplace solutions at Accenture; Professor João da Rocha Lima Jr from the Polytechnic Real Estate School, São Paulo and Daniel Cherman, CEO from Tishman Speyer explore some of the pertinent questions related to the Brazilian commercial real estate market.
As the games draw to a close, much of the evidence has pointed to the fact that the World Cup has served little favour in stimulating the property market (according to the FipeZap property index, the price per m² fell in 5 of the 16 cities analysed in June). Away from the largely false image of Brazil´s construction market being made up of high rise middle and upper class developments, the debate over housing supply for the masses continues – whether it´s criticisms over the political motivations of the “Without Roofs Movement” or how public financing is actually being allocated in this are. Below, I have translated urbanist and University of São Paulo professor Raquel Rolnik´s recent insights, speaking to the Brasil Post.
As the debate of social housing supply looks likely to heat up amongst Brazil´s impending election campaigning, it´s worth while taking a look at some of the ground level experiences via three recent news bulletins from across the...
A recent article in the Construção Mercado magazine explored the interesting growth strategy of low and middle-income neighbourhood development, widely being discussed amongst the Brazilian construction industry under the complex challenge of sustainably attending housing demand at the scale necessary without compromising good quality living standards.
Samy Dana, economist at the Getúlio Vargas Foundation and “Folha de São Paulo” blogger chairs a discussion published on the “Info Money” site between Eduardo Zylberstajn, researcher & coordinator of the “FipeZap” Brazilian Property Index and Brasilia based economist and blogger Adolfo Sachsida on the ever-heated debate over the existence of a property bubble in South America´s largest economy.
After last year´s visit to Brazil, Nobel Economics Prize Winner Robert Shiller recently made a further warning of the country´s chances of experiencing a property bubble burst, particularly in the larger metropolitan regions. Shiller, who predicted the collapse of the USA market in 2008, underlined the fact that open market values remain excessive.
Initially published at the end of March 2014 on “Rádio CBN”, please take the time to view this very interesting English subtitled radio interview with renowned architect and urbanist Raquel Rolnik, addressing a range of contemporary issues related to Brazil´s heavily populated metropolitan regions – notably focusing on mobility and housing for low income groups.
Whilst it is often difficult to truly establish the direction at which the Brazil property market is moving, a number of key observations can be made by looking at what is happening on the ground level. It takes a short trip to most of the medium to larger cities to...
Well respected Getúlio Vargas Foundation economist and market commentator Samy Dana this week blogged via UOL Notícias some of his latest insights into the current state of play of the Brazilian property market.