Is there a Real Estate Bubble in Brazil?
research report issued by IPEA, the Brazilian Institute for Applied Economic
Research, concludes that there is a bubble in the real estate sector of the
Brazilian economy. The abstract states “Overall, our results suggest the
existence of a bubble in the real estate sector of
Austrian School of economics provides a solid explanation to
which are reinforced by statistical techniques, suggesting the
with equivocate fiscal and monetary policy, as the main responsible
of this problem.” The text is in Portuguese, but will be posted in English as
soon as IPEA releases a translation.
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