Tag: BRICS

Brazil Fears a Property Bubble

Following numerous years of growth, Brazil has begun to fear the onset of a real estate bubble. In recent years a great number of foreign investors have invested in luxury residences in Brazil. Subsequently, leading to financial growth in the Brazilian economy in preparations for the Football World Championships and the Olympics which will take place in two years time in Rio de Janeiro. However, there have been a number of alarm bells and the experts at AFP fear that…