Thursday, February 2, 2017

UPDATE 1-Brazil to expand home financing to more affluent -industry group

SAO PAULO, Feb 2 (Reuters) - Brazil's government is expected

to dedicate 500 million reais ($160 million) of a national

workers' severance fund to finance purchases of more expensive

homes, a move designed to help homebuilders lower inventory, the

head of an industry group said on Thursday.

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