Main Menu

Join MikeLigalig.com!

Why Just Read When You Can Join, Post, and Read!

Register

Oversupply of Residential Property in the Philippines?

Started by MikeLigalig.com, March 22, 2012, 10:24:07 AM

Previous topic - Next topic
Print
Go Down Pages1
User actions

MikeLigalig.com

March 22, 2012, 10:24:07 AM
By: Riza T. Olchondra
Philippine Daily Inquirer

The Philippine real estate market is generally stable but the residential segment may face “risks arising from oversupply,” according to the World Bank.
The World Bank also said the shift toward non-bank financing required careful monitoring of the developers’ exposure.
In the Philippines, households tend to have greater preference for holding wealth in the form of real estate rather than equities.
A report from state-run think tank Philippine Institute for Development Studies says ownership of dwellings and real estate has been growing steadily at high single-digit rates from 2006 to 2011 except for a relatively low 4.1 percent growth in 2009.
For God so loved the world, that he gave his only Son (Jesus Christ), that whoever believes in him should not perish but have eternal life. For God did not send his Son into the world to condemn the world, but in order that the world might be saved through him. Whoever believes in him is not condemned, but whoever does not believe is condemned already, because he has not believed in the name of the only Son of God. - John 3:16-18

● ● ● ●
MOST AFFORDABLE health insurance HMO in the Philippines. Learn more at https://kwik.insure/at/mligalig

ryantyler009

#1
June 13, 2012, 12:09:36 PM
Del Rosario added the local housing program as the newest component of his comprehensive RDR Wheels impact agenda, in order to tackle the problem of homelessness and "preserve the integrity of every Dabaonon family within a decent home."
Print
Go Up Pages1
User actions