Betting Big on Brazil's Housing Market
Stone Fox Capital is invested heavily in Gafisa (GFA) which is a large home builder in Brazil. Brazil is a market that supposedly has a 7M deficit in housing units something that bodes well for long term demand. The below interview is with the CEO of a division that GFA now owns. Tenda is the largest low income builder and I believe that GFA owns 60% (Now if I only had time to verify).