New Market Study Published: Home and Garden Specialist Retailers in Chile
The growth in home improvement and gardening stores was boosted by the high prices seen in the real-estate industry, together with a diversification in raw materials. In fact, home lending recorded one of the highest consumer credit growth rates in 2012 of 21%. However, rumours of a housing bubble in Chile have thus far been refuted by government authorities, although in 2012 the government announced a commission aimed to investigate the likelihood and characteristics of such an event.
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