Saturday, November 19th, 2011World Youth Day 2013 World Cup soccer in 2014 Olympic Games in 2016 … The growing number of events "global" in Rio de Janeiro causes a surge in property prices in the Brazilian megalopolis.
Already supported by economic growth and rising real, the national currency, the real estate skyrocketed. In one year, prices rose 16% on average in the city and over 50% by the sea near the beaches chic Leblon or Ipanema, the price per square meter than 5800 euros. The thrust is so violent that the experts are concerned about the harm of a potential "bubble".
Another phenomenon, more unexpectedly, boosts rents: the "pacification" by the police in the favelas, the former slum houses usually hard.A survey by the Getulio Vargas Foundation shows that in areas where security forces have regained control deal with drug dealers, rent increases of 6.8% is higher than in other parts of Rio, the first year .
The study states that the pursuit of this strategy of pacification would even cause a "catching up" in house prices, which are on average 25% cheaper than elsewhere. Suddenly, the mayor of Rio concerned about the increase of illegal constructions in the favelas.
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