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Propertynomics Over Coffee

The property market has particularly benefited from the country’s robust economy. In Manila alone, the skyline has changed rapidly over the years to accommodate increasingly towering condominiums and buildings. The trend for building malls that span an entire block has also led to increased property values all over the metro.
The premise is simple: the Philippine population continues to grow (some say at a rather alarming rate) while the amount of livable land remains the same. Thus, you have a recipe for fairly steady demand where property is concerned.
Furthermore, heavy traffic (that one aspect of Manila life that remains to be the bane of commuters and non-commuters alike) ensures that there will never be a shortage of condo dwellers willing to pay rent every month to make their daily commute to school or to work somewhat easier.

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