[QODLink]
Americas
Brazilians seek Florida property bargains
Perfect storm of economic events makes US especially attractive to foreign home buyers.
Last Modified: 10 Aug 2011 05:49

Overseas home buyers are finding opportunity in a depressed housing market in Miami, Florida. 

Many properties have been left vacant for years, and now a number of Brazilian investors are taking advantage of rock-bottom prices. 

Economic circumstances have made the US especially attractive to international home buyers, as the dollar is relatively weak against many foreign currencies.

Al Jazeera's Barbara Benitez reports from Miami.

Source:
Al Jazeera
Topics in this article
People
City
Featured on Al Jazeera
Swathes of the British electorate continue to show discontent with all things European, including immigration.
Astronomers have captured images of primordial galaxies that helped light up the cosmos after the Big Bang.
Critics assail British photographer's portrayal of indigenous people, but he says he's highlighting their plight.
As Western stars re-release 1980s charity hit, many Africans say it's a demeaning relic that can do more harm than good.
Featured
No one convicted after 58 people gunned down in cold blood in 2009 in the country's worst political mass killing.
While hosting the World Internet Conference, China tries Tiananmen activist for leaking 'state secrets' to US website.
Once staunchly anti-immigrant, some observers say the conservative US state could lead the way in documenting migrants.
NGOs say women without formal documentation are being imprisoned after giving birth in Malaysia.
Public stripping and assault of woman and rival protests thereafter highlight Kenya's gender-relations divide.