Construction sector on shaky ground in 2022 despite optimism

After spending a pandemic-ridden 2020 within the crimson and threatening a restoration in 2021, Brazil’s building sector goes into this yr with warning — however reasonable optimism. On the one hand, the expansion of personal funding in infrastructure, actual property’s popularity as a protected asset, and the anticipated election-year bump in public spending ought to enable the sector to put stable foundations for 2022.

Nonetheless, on the identical time, the electoral interval at all times brings uncertainty, added to the present financial woes in Brazil and the drop in residents’ actual earnings.

In keeping with projections made in January by suppose tank Fundação Getúlio…