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 -- Ignore unavailable to you. Want to Upgrade?


To: THE ANT who wrote (73767)5/1/2011 3:03:12 PM
From: elmatador  Respond to of 217801
 
Are Brazil's delays in adopting a stabilization program related to the finding that Brazil's high inflation hurts the lower and middle classes far more than the rich, who insulate themselves from its effects by taking advantage of high real interest rates on demand deposits?

Latin America and the Caribbean
Country Department I

The World Bank
September 1993
WPS 1183

Who Would Vote for Inflation
in Brazil?

An Integrated Framework Approach
to Inflation and Income Distribution

siteresources.worldbank.org



To: THE ANT who wrote (73767)5/7/2011 5:06:45 AM
From: elmatador  Read Replies (1) | Respond to of 217801
 
Latin America's housing boom
It's not all froth
Big price hikes at the top end reflect a new, richer reality

...

Beneath the froth of the luxury market, the Latin American reality is a long-standing shortage of property. Peru has a housing deficit of around 900,000; estimates for Brazil’s vary from 5m to 7m. Many governments in the region are chipping away at the problem by offering subsidised housing loans to the lowest-paid. But the market impact is limited by tight government budgets. Arguably the recent price rises at the top end are simply a correction after many years in which quality housing could be picked up cheaply by the few people in the region able to pay in cash. Now they are facing competition.

Message 27361781