Mortgage lending in Brazil has doubled over the past three years and jumped 51 percent last year, compared with a 12 percent increase in Mexico and a 2.6 percent decline in the U.S.
Our investment opportunity centres on the domestic housing shortage in Brazil. 9.1 million* Brazilian families intend to buy their first home over the next year, assisted by the Brazilian Government´s 100% mortgage guarantee initiative.
The combination of a rising population and an already chronic housing supply shortage will result in the Brazilian development and construction industry needing to produce 23.1 million homes by 2022.