Tue, Jul 29, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Finance, Market Moves more

Property bubble in the Philippines?

Posted on 13 March 2013

Search for “Philippine property bubble” on Google and you’ll find plenty of news reports, in which real estate developers and banks assert that a property bubble is far from happening in the Philippines. The phenomenon is believed to be going on in other booming property markets, like China. But experts say that we are still safe from it.
A real estate bubble is characterized by rapid increases in valuations of real property until they reach extremely high levels, which are unsustainable, and then, decline. Bubbles can go on for years, with prices rising above reasonable and normal levels per annum, before eventually bursting and crashing. A common precursor to a looming property bubble is the excessive purchases of property for investment purposes (buy and sell), which contributes to the skyrocketing prices………………………………………..Full Article: Source


 Article link

This post was written by:

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


Contact the author

Comments are closed.

July 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031