Grace Fan

Senior Analyst

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Recent Brazil research

* Brazil: The war ahead, Grace Fan, Elizabeth Johnson, 17 Mar 2017
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* Brazil: Temer nominates close ally as Supreme Court justice, Elizabeth Johnson, Grace Fan, 9 Feb 2017

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Rising near-term risks in the lower-income housing sector

Overview

One year after the launch of the Lula administration’s low-income housing stimulus programme Minha Casa, Minha Vida Phase 1, financing for an additional two million homes by 2014 is being planned under Phase 2. Although demand fundamentals for Brazil’s housing sector remain bright, the outlook for the country’s lowest-income segment will be clouded by rising inflation in the near and medium terms. This could curtail growth unless the post-Lula government adjusts its budget or finds...

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