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Non-Tech : The Brazil Board

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To: elmatador who wrote (1671)	3/19/2017 3:06:43 AM
From: John Vosilla	Read Replies (2) of 2508

The company, which operates in 140 cities, estimates that Brazil has an annual average housing deficit of 777,000 units. That is staggering. IN USA huge shortage as well but seems more in affordable single family.. They been ramping up luxury apartments and high end condos last few years.. A recent Freddie Mac market commentary noted that the total number of housing starts (single family plus multifamily) in 2015 was 30 percent below the historical average between 1970 and 2007. The National Association of Realtors estimates that the country’s supply of for-sale and rental units combined is 3 million units short of current demand.

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