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The coronavirus pandemic reworked Brazilians’ concept of residence life. Distant work and decreased social interactions led to a newfound appreciation of dwellings as leisure and workspaces, worthy of enchancment. Consequently, the nation’s actual property sector boomed, with a spate of latest property launches and file gross sales resulting in constructive numbers that surged all through 2020 and spilled over into 2021, as effectively.
Moreover, traditionally low benchmark rates of interest made actual property financing extra engaging and accessible — however this development was quickly reversed. Spiraling double-digit inflation coaxed the Central Financial institution into jacking up the Selic rate of interest…
Entry all of The Brazilian Report
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