This is what justifies Texas economic pride

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Investors finding real estate a 'better deal'

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Bloomberg writes:

"This model may be where we are going," Marcelo Mesquita, a fund manager who helps oversee 650 million reais at Leblon Equities, said in an interview in Rio de Janeiro. "Real estate funds are growing because investors are not buying company stocks. These funds are buying projects. For investors, they are a much better deal."

Source: Bloomberg
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