Within São Paulo, Latin America's largest city, there has been a noticeable surge in the prevalence of micro-apartments.
These compact living spaces, often no larger than 30m2, have increased from 461 units in 2016 to 16,261 by 2022, making up 21% of the total residential units, reports the State Housing Union (Secovi-SP).
This trend has been driven by several factors, including urbanization plans, financial incentives, and shifting lifestyle preferences, particularly among 20 to 39-year-olds.
A study by digital real estate firm Quinto Andar reveals that the primary demand comes from young, middle to . . .
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