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I graduated from the University of London with a doctorate in economics and have worked for over 15 years in senior positions within the oil industry; so… yes I do have a basic understanding of economics. I do read The Financial Times (indeed I have written some articles for it) and I divide my...

Thank you. It is an interesting article but (of course) penned by biased journalists who make up the self-interested classes who have benefitted over the years from cheap labour washing their clothes, houses, pools etc. I was at a dinner party recently in Recife and I sat next to a...

Well I think the original question was flawed (no offence to the original poster) because it was too short-termist. My personal view is that property investment is always a long term commitment and tracking month-by-month, event-by-event is simply too unnerving. When I bought my house in...

This feels like a strong point of view masqueraded as a question...

I first visited Brazil 10 years and have seen amazing improvements to the country. Just as an indication, I have been good friends with a local family close to my house in Recife and I have seen the fortunes of this family change over the years. 6 years ago they lived in a squalid 1 room...

There has been a clear downturn last quarter but not a 'crash'... I do not think that Brazil will ever match the 20% property crash we saw in US because properties in Brazil are still reasonably priced compared with developed and developing countries. I first visited Brazil 10 years ago and...

The latest figures show a decline in property purchases during the build up the world cup fuelling all the predictable speculation about property bubbles etc. The reality is that people were being advised to hold-off buying properties until after the world-cup and this is reflected in the...

I was in this situation. When I bought my house (as a non-resident) in Brazil six years ago I was not so well informed and did not go via the central bank. Now i am selling my house and read scare stories about the difficulties of releasing funds oversea if it was not correctly purchased...

The two happiest moments I had with my beach buggy were (i) when I bought it and (ii) when I sold it :love: