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Peruvian housing boom prices out locals

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Peruvian housing boom prices out locals

A
AFP English

38 Views • Aug 09, 2012

Description

The Peruvian capital is going through a housing boom - with property prices soaring 70% in three years - and foreign companies are getting in on the act, taking advantage of easily available local credit to build big developments. But the booming market means many locals find themselves priced out. Duration: 02:24