HI fellas and fellinas!
Id like to post an alternative reason fro investments in RE and land in Brazil, than the ones mentioned here frequently. Please tell me what you think too.
Am I right to think that you base your RE investment decisions on tourism... how much a flight costs from Europe etc. to brazil and things like that? I think that thinking in this direction today is seriously flawed. It might have worked fine 20 years ago to even today but the times are a changing. I would assume that people with long time experience in Brazil might find it little more difficult today than lets say 10 years ago. Could somebody comment on this please?
The whole structure of the world economy is changing right now, we see it in the prices of raw material for example...So countries like Brazil will do very well, their middel classes will rise and THEY will want new housing. Dont know whether they#ll move to the city or if it will be going otherway around, but I think that investing in property for the local emerging middel classes will be a good long term strategy, or not? Probably Brazil will have a few, lets call it, adjustments along the way, but its not going down like europe and the US.
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