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Phillipines: Are we nearing a real estate bust?

Posted on 12 February 2013

While we are regularly bombarded by reports from private local and international brokers on the state of real estate in the country, glowing forecasts should be challenged, especially since these are more self-serving and these companies really want to promote the sale of projects even before any ground is broken.
But who will really challenge such market forecasts and provide credible data on demand and supply forces that govern the real estate market? We are seeing smaller real estate companies being formed, many funded by pooled capital from individuals looking for better earnings for funds that have been performing badly in banking instruments………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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