VOICED: Peruvian housing boom prices out locals

Lima, Peru, is experiencing rapid economic growth, particularly in the building sector. The city offers a young and promising real estate market, attracting foreign investors due to its potential and various financing options. Despite high demand, the supply of housing is insufficient, with property values rising significantly. However, experts believe this growth is sustainable. Foreign companies, especially from Spain, are investing heavily, drawn by easy credit access and minimal trade barriers. Other Peruvian cities like Cusco and Arequipa are also gaining investor interest.

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