Brazil’s Housing Deficit Figures Show Improvement
| Date Published | 11/25/2013 |
| Author | Eduardo Rottman |
| Theme | |
| Country | Brazil |
Brazil’s Housing
Deficit Figures Show Improvement
November 25, 2013
IPEA, Brazil’s Office of Statistics, calculated that the total housing deficit
decreased from 5.59 million housing units, in 2007, to 5.24 million housing
units in 2012, a reduction of 6.3%. The percentage decrease is larger in
reality since the number of housing units increased by 12.8% in the same period.
The housing deficit for households with incomes under 3 minimum wages increased,
however, from 70.7% in 2007, to 73.6% in
2012, despite the large social housing programs targeted to this income group--
PNH, Planhab, Minha Casa Minha Vida.
The housing deficit is defined in the following way: i) non-permanent dwelling;
ii) involuntary occupancy of more than two families per dwelling unit (prefer
to live separately); iii) overcrowding (more than three people sleeping in one
room permanently, and iv) excessive rental payments relative to income (over
30% of household income). The excessive rental payment ratio was the main cause
of the increase in the deficit for the low income segment.Most other indicators improved. Rent prices
increased strongly due to real estate price appreciation, particularly in large
cities, where the housing deficit is concentrated.
Link to report