Location, location, location
Season 7, Episode 31, Jun 28, 10:00 AM
The first in a series of VoxTalks Economics based on some of the most interesting presentations from the PSE-CEPR Policy Forum 2024.
Imagine that one day, you are offered the chance to move to a new, better, bigger house in the same city as you live, with the government paying for 90% of your mortgage. This is what happens in Brazil, where millions of people have been given access to better housing. But how big is this prize really? Gabriel Ulyssea tells Tim Phillips how many of the beneficiaries discovered that location matters most in real estate.
Imagine that one day, you are offered the chance to move to a new, better, bigger house in the same city as you live, with the government paying for 90% of your mortgage. This is what happens in Brazil, where millions of people have been given access to better housing. But how big is this prize really? Gabriel Ulyssea tells Tim Phillips how many of the beneficiaries discovered that location matters most in real estate.