Quote:
Originally Posted by Bjorn_Tasty1
I see a lot of opportunities. Money on a bank is never good. Money needs to be spent. I think it could give an extra impule inupcoming countries in South America. You already see the Chinese investing a lot here, cause they pulled a lot of money out of the USA.
I have seen here great building projects here Brazil and land that has been become more worth 2,3,4,5 times more in just 5 - 7 years. And sometimes even faster.
|
Yep Brazil is booming but it will crash in a few years once everything becomes too expensive for the normal people to afford. Itīs like Spain 10 years ago, the european money than poured in mainly from German and French banks looking to cash in on property. House prices more than doubled in 3-4 years and normal people couldnīt afford to get a house, so the banks started lending 5 times salary.. and we all know how well that ended up.