Quote:
Originally Posted by Golfingworld
I see absolutely no reason why hotels holding Forex will do anything to lower the Reis against other currencies. If there are any economic theorists out there, please can they explain what these currency changes mean.
You are quite right Dotty, Brazil is the most difficult and expensive place to get to from anywhere and you are also correct that there are much better easier and cheaper locations to go to. The good news is that this will depress prices for buyers in Brazil as it is not and will not be a boom market for at least 5 years, maybe longer...all depends on the oil price and how they open up their economy.
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Why the hell is it good news to have prices for property depressed, is it that you either can,t afford to buy anywhere in a competitive market, or are you just one of those people who hate to see anyone doing something that you either can,t afford to do or are too frightened to do, I am sick of hearing negatives from you and Dotty about the northeast of Brazil, if it is so bad why are you constantly on this forum, you should be able to find other threads to spread your doom and gloom, surely there must be a thread for China, or Russia, where nobody want,s to buy, and then at least someone will agree with you.