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[5 Aug 2010 | No Comment | 1,351 views]
Brazil 20% return on social housing boom from £22.000

Brazil has a population of 190 million inhabitants and a housing deficit of 8 million homes with the vast majority being houses for low-income families. By 2023 this shortfall will be 12.5 million homes
In 2009 Brazilian Government announced “Minha Casa Minha Vida” (“My House My Life”) program which outlined the structure of their investment of 34 Billion Reals (US $18 Billion.) to provide low-income Brazilian families with a place to live. The Brazilian government wants to see growth in the affordable housing supply to keep up with the high demand …