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Brazil Property News: Expert says 'Sell US, buy Latin America'
27th February 2008 04:23
A property investment publication has issued this advice to its readers: 'sell US property and buy in Latin America'.
Following the subprime lending crisis in the US, which has had a knock-on effect in the UK, Goldseek.com's Buenos Aires correspondent has recommended Latin America for those seeking investment opportunities, as "the whole region is booming".
According to the website, money is "flowing into Brazil" due to the country's position as a major supplier of raw materials and soft commodities.
Consumer spending in Brazil has also risen by 5.5 per cent since the 90s, which has helped to drive the economy forward.
Official statistics have revealed that earnings in the nation have gone up by 148 per cent over the last five years, and unemployment has also fallen.
The website's comments coincide with that of FedEx economist Kellie Maske, who tipped Brazil as one of the "most dynamic" economies for growth potential in the property investment market.
She added that the Latin American nation had a "brick and mortar" economy and tipped it as an up-and-coming investment location.
For more information on Brazil property investment and to find out about uv10's latest projects, contact uv10 on 0845 643 1036 or email info@uv10.com or visit our website: http://www.uv10.com
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How to invest in Brazilian property
When it comes to property investment, the early bird really does catch the worm.
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- Why Brazil is now the best place for property investment
- Why its all happening in 2008
- All about Brazil's "hot property zones" Natal, Pipa and Bahía
- Brazil buyers guide
- More about uv10, your dedicated Brazil property specialist
- See what the press say about uv10 and Brazil property
- The latest and hottest property in Brazil
- Archive of the uv10 newsletters
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