India. Brazil. BRazil. Copa. Mortgages fuel Brazilian housing boom. 2 September 2010Last updated at 13:59 By Paulo Cabral BBC News, Sao Paulo Cida Duraens and her husband recently bought their very first home - after 22 years of marriage There is music, drinks, food and smart people, but this is not an ordinary party; it is the launch of yet another real estate development in Sao Paulo, Brazil's largest city.
Construction of the properties that are up for sale has not yet started, and buyers will not get into their new homes for another two years, yet the competition for the best spots is fierce.