Brazilian housing prices are way too high

If you live in Brazil or visited this country recently you prolly noted that the prices of houses are way above purchasing power of the population. Not only houses, but everything is expensive here. Prices are high, but the quality of things is very poor. I wish i could leave this country. Even though I'm making more money than ever before i cannot buy an apartment in a place good enough for people with my income.

There is nowhere o invest my hard earned money, because everything loses to inflation. I'm very unmotivated to work since there is nowhere invest and inflation will destroy all my savings.

Some say that this is caused by cheap financing, World Cup and Olimpic Games.

I know that complaining will not change anything, but i wanted to let it out here. Sorry!

If you live in Brazil, tell me your impression about these things. I talk to people here, but they don't understand the situation or simply don't care.

I'm living in India, I only hear about Brazil & see your country in world map - lol

Btw, you will get answer for your questions from one of your country people's here.. I don't know sorry!


Cheers!
Bart

So Brazil Is Not Only Famous For Football Its Also For High Rates.......
I Think Govt Is Doing This To Cover They Upcoming Football Worldcup Expenses By Causing High Inflation......

Its Just My Opinion....

Brazil has always been crazy with prices aren't gaming systems like thousands of dollars?

back2form said:

I'm living in India, I only hear about Brazil & see your country in world map - lol

Btw, you will get answer for your questions from one of your country people's here.. I don't know sorry!


Cheers!
Bart

Click to expand...

Why post if you have nothing to say?

@OP Transfer your savings to gold if you're afraid of inflation.

wow i thought when you wrote this you meant brazilian phone housing haha

how much for a flat in rio? I want to setup another residency this year.

prices of houses are way above purchasing power of the population

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How much costs house in Brazil and how much people earn?

Why don't you move to Argentina ?? I hear thats a nice place to live if you have some capital.

Lots of good Brazilian offers out there, and traffic is cheap. This is a perfect time to cash in.

satyr85 said:

How much costs house in Brazil and how much people earn?

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Here you go. This apartment costs 1.1 million dollars.

zap.com.br/imoveis/SuperDestaque/Apartamento-Padrao-3-quartos-venda-RIO-DE-JANEIRO-IPANEMA-RUA-BARAO-DA-TORRE/ID-3009617

^ Cute little thingie, but gotta agree way overpriced

polocolto said:

Here you go. This apartment costs 1.1 million dollars.

zap.com.br/imoveis/SuperDestaque/Apartamento-Padrao-3-quartos-venda-RIO-DE-JANEIRO-IPANEMA-RUA-BARAO-DA-TORRE/ID-3009617

Click to expand...

LOL thats Rio De Janeiro.... and right next to water....

RIO is like the capital of Brazil (even if its not officially), thats where alot of investors buy properties etc.

Its like someone in US complain about not being able to afford house in L.A (Hollywood/Beverly Hills).

Come on dude... be more realistic!

I was under the impression that Brazil was one of the best performing economies in the world at the moment. For the first time ever young Portuguese people are emmigrating to Brazil in numbers because the economy is flat in Portugal. With prosperity the prices go up but so do the opportunities.

Yes, everything is way to expensive here not only the houses also cars, gazoline, food, clothes, ... everything, especially important goods. There are heavy importtaxes for everything that comes from abroad! But even things made in Brazil are very expensive, i think most Brazilians don't have a clue that outside Brazil it's a lot cheaper! To keep people from spending money outside Brazil there are heavy taxes and i think even limits for spending money abroad!!!

Theres an enormous bubble growing with all the foreign investments and preparation for the world Cup and the Olympics but that is going to burst soon after!

Inflation is growing very fast but there's a big young and new middle class with money to spend and Brazilians like to spend money. It's a spending culture that is incentivated by banks who give creditscard and credit without any problem and you can buy almost everything in 10-15 times without interest. Brazilians don't save money, the live day by day and paycheck by paycheck!

The Brazilian goverment is very corrupt and the Brazilian people complain a lot but don't take action, rarely you will see demonstrations of any kind! They try to keep the people addicted to tv with all the Brazilian novelas, big brother and religious bullshit shows, give them money (bolsa familia) to do nothing and don't invest in eduction or healthcare. It easier for the PT goverment to stay in power by keeping people stupid. Hell, they even bribe people with money to try to buy there votes (voting is mandatory) ...

Brazil is a beautifull country but corruption and inflation will destroy it!

how would you live in brazil if u cant speak it lol