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Banco dos Imóveis - Buildings in Brazil could not withstand earthquake

The Richter Scale measures the magnitude of earthquakes in a ruler of intensity that goes up to 9 and indicates the destructive potency of these natural phenomena. The shock felt in Mexico during this week reached the 7.1 degree of the scale, which indicates the possibility of serious damage in buildings and that is what happened. Much of this destruction occurred because of constructions that did not incorporate security technologies and shock prevention.

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Banco dos Imóveis - How it will be 2018 For the Real Estate Market

Despite the political chaos, in 2017, Brazil finally left behind the deepest, longest and hardest economic depression in its history. GDP grew in the first three quarters of the year and already known indicators suggest that the pace of growth accelerated in the fourth quarter. Consumer and entrepreneur confidence in all sectors of the economy has been improving since December 2015. Since April, jobs have begun to return and 2.3 million previously unemployed people have returned to work. The new labor legislation should help sustain this trend.

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