By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Of the 71 million households in Brazil in 2018, 12.9 million were rented, according to IBGE (Brazilian Institute of Geography and Statistics). The data, released on Wednesday, May 22nd, in the National Continuous Household Sample Survey (PNAD), shows an increase of 5.3 percent of people renting homes in comparison to 2017.

The PNAD study gathers information related to general characteristics of households and residents of all regions in Brazil in the year 2018 and compares the results with those of previous years.

Between 2017 and 2018, according to . . .

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