With nothing but negative news about the U.S. housing market, it would be easy to assume the rest of the world is suffering from a similar slowdown.
Not so. The ratio of household debt to gross domestic product in the BRIC (Brazil, Russia, India, and China) countries ranges from 5% to 10%, well below the 100% in Britain and 90% in the United States.
The real estate and construction business is very healthy in those countries and very worth your investment consideration.
