Brazilian President Luiz Inácio Lula da Silva pledged to turn abandoned public buildings into low-income housing units as he signed into law a bill providing for the construction by 2026 of two million buildings as part of the My House My Life plan. Read full article
Comments
Disclaimer & comment rulesI'm starting to have hope again. I'm starting to think this will be Brazil's decade.
Jul 14th, 2023 - 12:19 pm - Link - Report abuse -1https://www.youtube.com/watch?v=oH4JAPATH3E&t=226s
I love Brazil!
Brasileiro
Jul 14th, 2023 - 02:40 pm - Link - Report abuse 0I too love Brazil!
But this scheme is a financial disaster to the people. Lula needs to focus on real solutions, not this...
I three love Brazil.
Jul 14th, 2023 - 04:21 pm - Link - Report abuse 0Previous administrations enacted government subsidized plans to make simple, small houses available to most everyone, without income discrimination. Entire neighborhoods (barrios) sprung up surrounding cities that I am familiar with in the Northeast. There is absolutely no need to go upscale, to build balconies. 10-20 years down the road, the original concrete box home neighborhoods are no longer recognizable. People save, improve, expand and decorate to their taste, needs and abilities. Let the owners decide what they want. They have a vested interest in their own homes and neighborhoods. Government is not the solution to these problems; it can set favorable conditions to stimulate suitable resolutions, though.
FortHay
Jul 14th, 2023 - 05:27 pm - Link - Report abuse -3I agree with you. I believe that the most important thing is the quality of the construction, although one more embellishment can make our people more satisfied and happy.
Chicureo
The economy must serve the people and not the people serving the economy.
Thoughts like yours have turned the West into a hub of income and inequality. Where there begins to be doubts about the economic sustainability of Western countries.
If I could suggest some reading for you, I would suggest reading what was the New Deal that took place between 1933 and 1937 under the US government of Franklin Roosevelt.
https://www.youtube.com/watch?v=X-FXTAakciw&list=FLmXPTu1f8AdGlizWNiASx2A&index=1
Brasileiro
Jul 14th, 2023 - 06:01 pm - Link - Report abuse +1As I've mentioned before, I have had the privilege of working in your country - including developing an irrigation expansion near Petrolina.
I too would suggest your reading of how capitalism saved my country from disaster.
https://www.hoover.org/research/how-milton-friedman-saved-chile
¡Saludos!
Chicureo
Jul 14th, 2023 - 08:41 pm - Link - Report abuse -2For me, the disaster was that Chile lost its democracy and installed a bloodthirsty dictator who killed tens of thousands of people and sold all public assets to foreign companies that still exploit Chile today.
Chile has lost its sovereignty, Chicureo. It has become a client state of the United States which, in my view, means a low growth ceiling for years to come. What will further increase social inequality, popular uprisings.
Chile is not much different from Puerto Rico. I hope that Chile recovers.
Brasileiro
Jul 14th, 2023 - 09:01 pm - Link - Report abuse 0Say what you wish, but Chile has had a very successful democracy and stable economy since the Marxists were overthrown in 1973.
Our family have been highly fortunate to enjoy this wonderful status.
I wish you great success.
¡Saludos de Chile!
Bras
Jul 15th, 2023 - 02:10 pm - Link - Report abuse 0For the economy to serve the people the economy has to be working.
FortHay is right, it is for Governments to ‘set favourable conditions’ for it to happen. Direct interventions of this kind by Governments rarely work, indeed often backfire.
Where is the plan for the infrastructure, services and local jobs to go with all this new housing/population?
Oh that’s right, it’s already there and can cope with the increased population and of course that has all been checked out and verified thoroughly.
Otherwise you’re just building future slums.
PUGOL
Jul 15th, 2023 - 04:00 pm - Link - Report abuse 0Welcome back! How was the marriage celebrations in France?
Here the Chilean ski season has been somewhat disappointing, although the grandchildren have been having great fun.
You'll note that poor Brasileiro is having a difficult misunderstanding of why capitalism has been so beneficial to my country.
Cheers!
Pugol
Jul 15th, 2023 - 08:46 pm - Link - Report abuse -1Yes. All the infrastructure for housing is being built along with the houses. Sewage, water, electricity, internet, etc, etc. Just as they were built. From 2003 to 2014, 6 million houses were built and, as far as I know, none of them turned into slums. On the contrary, the improvements were constant.
The current innovator is the size of the residences (60m2) for the neediest population. The PT government is also allocating 400,000 properties from the Federation to the Program, most of which are very well located in cities.
With regard to the economy serving the people, it is past time to tax large fortunes, shareholder dividends, executive jets, jetskis, inheritance and other capital gains. It's past time for Brazil to create income tax rates for the richest. It is past time to tax the transfer of assets abroad.
As you can see, the economy is only serving the richest. People who can spend weeks traveling around France without worry. Is not it?
Bem vindo de volta!
Brasileiro
Jul 15th, 2023 - 10:07 pm - Link - Report abuse +1I'm all for the wealthiest in our our society paying their fair share of taxes. However, taxing the middle-class is counterproductive as it destroys incentive production as we experienced during our unfortunate
Marxist government disaster.
Ask I referenced in my article, free trade promotes wealth across our Latin America society. (Check on current GDP statistics.)
We should all enjoy life as Pugol has!
¡Saludos de Chile!
Yes. We all should enjoy life. Including the poorest. When that day comes, as an egalitarian that I am, I will be the happiest man in the world.
Jul 15th, 2023 - 10:11 pm - Link - Report abuse -1Cordiais saudações, Chicureo!
Bras
Jul 16th, 2023 - 02:43 pm - Link - Report abuse +1Actually I agree with you about Taxes and everyone paying their fair share, i.e. the more you have the more you pay.
The problem is that you tax the rich in one country and they simply move to another more tax friendly one.
Until there is more international alignment on taxation, I don’t see how it can be achieved.
You really need to ask your friend Stink about ‘spending weeks traveling around Europe without worry’, these days he seems to be a tax exile from Argentina.
However my all too brief visit was great fun and went well, obrigado.
Pugol
Jul 17th, 2023 - 03:37 pm - Link - Report abuse -1The rich have already left Brazil. The very rich have already left the world.
There is nothing to fear.
Tax on them!
Brasileiro
Jul 17th, 2023 - 06:56 pm - Link - Report abuse +1I hate to differ, but your country has a very
wealthy class. (Brazilians are the largest buyers of private helicopters in the world.)
¡Saludos!
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!