The president of APEMIP stresses, beyond the natural will to own, the option to buy is pushed by high incomes.
Do people suffer from the "illusion of the mortgage", ie, in the face of a similar income and loan monthly payment opt for the purchase?
That is precisely what happens. Given similar values, they opt for the purchase because they also think that the asset will be yours.
Read more (in portuguese): Luís Lima: "Rents value should be 30% lower to be competitive"