By Stephen Eisenhammer, Contributing Reporter
RIO DE JANEIRO, BRAZIL - The pacification of Rio’s largest favela - Rocinha - as well as neighboring Vidigal in November 2011, has had a dramatic effect on the communities, causing much interest in real estate developers. Yet while the pacification has affected the sense of security in neighboring Leblon and Gávea, it has not had the same dramatic impact on the real estate market as the city has seen in other areas.
Throughout Rio, pacification . . .