BRAZIL
whether they are private or public sector investments . As the country needs to continue to invest heavily in infrastructure in order to grow , the outlook for the sector is very positive ”.
Referring specifically to low-income housing , Miranda also clarifies relevant factors regarding the housing deficit , which adds to demand . “ Over the next 15 years , we will continue to have a scenario of a demographic bonus in Brazil . That means that the economically active portion of the population will be larger than the sum of children and the elderly and , consequently , more people will enter into the economically active portion of the population , increasing the demand for housing ”, he explains . Furthermore , “ the percentage of GDP that Brazilian real estate lending comprises is still small compared to that of other countries , and the government needs to continue to prioritize housing policy due to this huge deficit ”, he adds .
Governador Magalhães Pinto Stadium - Belo Horizonte , MG
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