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The copper price is a leading indicator of real estate activity. Price increases are statistically related to increasing numbers of applications for residential building permits. However, this reciprocity is not instantaneous as permit numbers lag price rises by 9 to 10 months. This dynamic is...
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total production value to the Chilean economy.Since World War II, Chile’s slow economic growth and chronic inflation …—the social function of property and the state’s residual ownership of mineral resources—facilitates Chile’s ability to accomplish … the CD goals. Beyond that change, Chile’s legal order requires stability to carry out its long-term projects. Foreign …
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