Skyrocketing Rents Challenge Brazilian Budgets Amidst Modest Inflation

In the first half of this year, rent prices in Brazil’s major cities surged, dwarfing the modest inflation rates. Specifically, the QuintoAndar Imovelweb Rent Index reported increases ranging from 6.35% in São Paulo to a striking 9.8% in Curitiba. Meanwhile, inflation crawled between 1.84% and 3.63%, according to IBGE figures. Thiago Reis from QuintoAndar pointed […]