The Rio Times
Americas · 2 hrs ago
Rio Rents Jump 43% in Three Years as “Dollarization” Pushes Locals Out
Living in Brazil Key Facts —The surge. Average rents in Rio rose 42.7 percent between May 2023 and May 2026, against inflation of 14.9 percent. —The hotspots. In Copacabana, Ipanema and Leblon, rents per square metre have roughly doubled since 2021. —The buyers. Foreigners made up about 28 percent of studio purchases in those beach […]
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