Brazil housing surge raises fears of bubble
As other world economies falter, Brazil is enjoying an economic boom and so its real estate. But as property prices across the country and especially in Rio de Janeiro reach historic highs, some in the real estate market are questioning whether this is a real estate boom or bubble. Analysts on both sides say there is concern that the Brazilian currency is overvalued. Al Jazeera's Adam Raney reports from Rio de Janeiro.
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@lovetohate028
well black people aren't violent, most of the violence in the world is not propagated by black people. people mess with us, subjugate us, make injustices against us but call our responses to these violence. What's happening in Libya is violence, to Iraq is violence, to Afghanistan is violence. People act violent towards us, and we return force. We will die, dying is nothing. white people are responsible for the murders of over 100 million blacks, you're the violent ones.
@mrkjsmooth23 so Black people=Violence and turmoil?
Obama wants to know if his broke ass can borrow some money from Brazil.
god housing is a universal problem.
Can you say realestate bubble?
@lovetohate028
Zim's inflation was primarily politcal under nternationally sanctioned circumstances. nice try though!
@mrkjsmooth23 lol Zimbabwe
Enemy of Greece, Europe & America ---- Jew
1. Goldman Sachs CEO, Lyold Blankfein is Jew
2. IMF Deputy CEO, John? Lisky is Jew
3.? Ex IMF CEO, Dominic Strauss is Jew
4. World Bank CEO, Robert Zoellick is Jew
5. Ex World Bank CEO, James Woolfesen is Jew
6. Fed Chairman, Ben Bernanke is Jew
7. Ex Fed Chairman, Alan Greenspan is Jew
8. Obama Treasury Secretary, Timothy Geithner is Jew
9. George Bush Treasury Secretary, Hank Paulson is Jew
$120000 for a studio in Rio rofl. That price has no serious relation to either the ability to earn within the city nor the intrinsic value of the property.
Folks the rich are bailing out of the nations they have pillaged and think they can find refuge in these nations. They will be found and hunted like NAZI war criminals. They orchestrated this NWO but will soon find they only set up NWDisorder.
another market that will blow up right in their faces... banks who make the mortgages win win either way.
The real estate scam won't end until the whole world falls prey to it.
Best quality EVA
white people = inflation
One should have in mind that housing credit is but small fraction of GDP and total consumer credit. Costs are surging mainly as a result of land shortages and weak supply, as seen in small vacancy rates. Al Jazeera is looking more like the Financial Times by engaging in this sort of speculation.
nice quality
So much for the Olympics.I bet their going to regret that decision soon.
It's never a bubble until it bursts. lol
The same will happen to them if they don't watch it.
this is a really bad news because is becoming more difficult for the locals to aquire a house .
watch?v=RTckFl0jPN8&feature=chÂannel_video_title
claim the right of the security of your person !
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it's all common law U.C.C code all commerce law look it up, free information free your mind ! free the WORLD !!!