Dotty, it's simple. It is not easy trying to sell of plan homes in Brazil when the flights are infrequent and the most expensive in the world, when existing property values elsewhere are dropping, when cheap easy finance has disappeared and the last thing on most people's mind now is a home in an exotic country where they can't get to cheaply!
I wonder what caused this this financial credit crunch and sub prime property collapse in the first place?
|