EcoHouse Group Leading the Way in the Construction of Affordable Housing in Brazil

EcoHouse Group are an award winning Anglo-Brazilian developer currently involved in a multi-million pound project to develop and improve upon the infrastructure of Brazil, which includes the provision of social housing to get millions of middle class Brazilian families out of poverty and homelessness. The government Minha casa minha vida project, which translates into ‘my house, my life’, is one of many social reform projects being backed by the government. EcoHouse is scheduled to build thousands of new and affordable homes across Brazil over the coming years.

However, Millions of Brazilian protesters have complained that the promised reforms, which have allowed the present government to be re-elected no less than 3 times, are not occurring quickly enough. While projects such as Minha casa minha vida Brazil demonstrate the ongoing commitment of the government towards improved and affordable housing, the general consensus amongst members of the public is that reform needs to happen much faster.

Brazilian President Dilma Rousseff has replied to protesters by unveiling a number of projects designed to cultivate and advance the infrastructure of the country. These include a promise to spend around R$50 billion to improve transport within all major cities, the reinvestment of profits from new oil discoveries into the state education system and harsher penalties for corrupt politicians, as well as the ongoing Minha casa minha vida project. Many are now confident that the demands of the public will be met.

Brazil is currently one of the top five emerging markets, known as BRICS nations (Brazil, Russia, India, China and South Africa). In real terms this means that the social and industrial activity in the country is undergoing a period of accelerated growth. Countries classified as emerging markets generally have an expanding middle class, which creates more consumers and a need for improved infrastructure including transport and communications to support increased demand. At present it is estimated that around half of Brazil’s population of 200 million are currently considered members of the middle class, and this figure is growing all the time. The demands being made by protesters are being heard by the government, which continues to demonstrate its ongoing commitment to improvement with projects such as Minha casa minha vida Brazil.

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Posted in Companies, EcoHouse Brazil, EcoHouse Group, News, Property and Real Estate, Property Investment, World News

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