In recent times, wealthy Latin American investors have been rapidly transferring their assets to Miami, marking one of history’s fastest wealth migrations. This movement is primarily driven by regional instability and the appeal of higher returns in Miami compared to their home countries. Major banking institutions like JPMorgan Chase & Co. and leading Brazilian banks […]
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Micro apartments frenzy: the wave of compact housing in São Paulo amid urbanization and lifestyle changes
Within São Paulo, Latin America’s largest city, there has been a noticeable surge in the prevalence of micro-apartments. These compact living spaces, often no larger than 30m2, have increased from 461 units in 2016 to 16,261 by 2022, making up 21% of the total residential units, reports the State Housing Union (Secovi-SP). This trend has […]