Affordable housing projects 'could be boosted by Rousseff win'
Date added: 31st August, 2010 at 13:36
(view all articles from August, 2010)
Categories: Social and Affordable Housing in Brazil
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.
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