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Affordable housing projects 'could be boosted by Rousseff win'

Real estate in Brazil could be one of the biggest winners if former cabinet chief Dilma Rousseff becomes president in October, it has been suggested.

According to the Bank of America, affordable housing projects are likely to be a major priority for the presidential candidate, who could be set to take over from Luiz Inacio Lula when the country goes to the polls, Bloomberg reports.

Analysts at the company said: "A hypothetical Dilma government could mean further emphasis on public infrastructure investments. [Lula's] strong commitment to reduce social inequalities would likely be reinforced."

Statistics from a recent Sensus report showed that Ms Rousseff could beat fellow candidate Joe Serra in the first round of the election, with support from 46 per cent of those surveyed.

Ms Rousseff and her competitors kicked off television and radio campaigns on August 17th, broadcasting messages, from which the BBC recently said the majority of voters received most of their political knowledge.

For anyone wishing to invest in the full potential of Brazil’s affordable housing market, Property Bond Brazil work closely with local developers to develop affordable housing projects. Due to the demand in this sector, developers are currently looking for new investors to work with them to aid expansion plans. If you are interested in Investing in an affordable housing project, contact Property Bond Brazil. 

More articles can be read at www.propertyinbrasil.com/Brazilian-News/