Tuesday, 8 April 2008

Brazil's strong economic programs improve local affordability and drive employment potential for Brazilian property



In recent statistics from the CIA World Factbook, the Brazilian property unemployment is around about 9%. Currently with the government target of action programmes, the figures much lower. The Government even more encouraging for the promotion of foreign investment and improving tourism numbers. It is expected to create more than a million new jobs in Brazil, reducing unemployment further.

This attention from the Brazil property state in order to attract investment, the expansion of tourism and reduce unemployment increase investor confidence in the Brazilian market, and its wealth and employment, so that there is a low but steady increase in demand for real estate by the local population. This is a positive sign for the long-term health of the Brazil property market, and it is a good fundamental that the investor should keep in mind.

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