S
sturio
New Member
Hi all.
I'm a British journalist with Reuters news in Rio de Janeiro and considering writing a story on whether the "credit crunch" and softness in the UK/US/European markets is affecting the second home market, such as Brazil's.
I'd be interested to hear peoples' experiences on this, whatever they may be. For instance, has there been a slowdown in the hot northeast Brazil market? Are some people considering selling up here because of house price/mortgage worries back home? Any worries that rising fuel prices are going to make it more expense to get here, hurt the rental market etc.? Have too many big condo/villa developments been built? Or is property so cheaply priced here that it remains attractive despite the downturn elsewhere?
Thanks in advance,
Stuart
I'm a British journalist with Reuters news in Rio de Janeiro and considering writing a story on whether the "credit crunch" and softness in the UK/US/European markets is affecting the second home market, such as Brazil's.
I'd be interested to hear peoples' experiences on this, whatever they may be. For instance, has there been a slowdown in the hot northeast Brazil market? Are some people considering selling up here because of house price/mortgage worries back home? Any worries that rising fuel prices are going to make it more expense to get here, hurt the rental market etc.? Have too many big condo/villa developments been built? Or is property so cheaply priced here that it remains attractive despite the downturn elsewhere?
Thanks in advance,
Stuart