SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 389.75+0.5%Dec 1 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: elmatador who wrote (56639)10/19/2009 7:28:45 AM
From: THE ANT  Read Replies (1) of 218134
 
It took 25 years for the US financial system to distort US Real Estate Prices to 10X Brasil Real Estate and about 6 years for them to equalize(of course Brazil economic stability also involved).I have been telling these boards for about 6 years that this was going to happen.My own experience is farm and oceanfront up 10X in US dollars and regular property close to 3-4X in the last 10 years.I think Brazil Real Estate is over priced for the long run in US dollars but not for the medium term due to our situation.I would like to move some money back to US in the next couple years.I do expect Brazil property to go into a bubble if the US manages to keep credit/GDP at 390%,although if US deleverages even Brazil property is going down
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext