Showing posts with label house price. Show all posts
Showing posts with label house price. Show all posts

26 November 2012

Rocinha described by LA Times

Yeah guys, things are going more or less well and I'm enjoying my life. But besides my life there are many interesting things. I found some article about favela in LA Times  http://www.latimes.com/news/nationworld/world/la-fg-brazil-favelas-20121125,0,4302500.story?page=1

I have to admint that this article is incredibly correct article. Right now favelados are complaining about police units and also cocaine isn't that easy to buy.

Other things is that after so called pacification of Rocinha and police's takeover went prices of houses up. Normal 2-3 bedrooms house close to public transportation is now around 100.000 BRL and the same house costed 30-40.000 BRL on time of my arrival 6 months ago. Over 120% of growth.