Speaking of Brazil, if demand is increasing, why are prices dropping? Why, because the advertised prices are not real..the real prices are the ones you pay. So when you are told the next phase is x+10% or whatever it is a fictional value not a real one. Consequently, investors like to think they are making money so are happy to believe the fictional prices, not the real ones...there is evidence of this all over the place in Brazil. I don't think Brazil prices will crash as yes there is demand and it is developing but I don't think the potential gains are anything like what people are hoping for...plus 25% increase on a £50k property is not very much money really. In Europe particularly Uk and Spain/Portugal I think the crash is coming if not here already.
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