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To: THE ANT who wrote (71969)5/17/2011 4:10:02 PM
From: elmatador  Read Replies (1) of 217802
 
Housing boom raises fears of Brazil bubble
By Joe Leahy and Samantha Pearson in São Paulo

Published: May 17 2011 18:07 | Last updated: May 17 2011 18:07

Property prices are soaring, consumer credit is booming and bank profits swelling. But there are growing concerns over whether Brazil is becoming addicted to this windfall of easy money. Increasingly, there are fears that Brazil is heading for a bubble.



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