Very Simple! Because - Real estate is the most durable of assets and they can easily be used as collateral in case you need cash.
What will keep Philippine property market 'hot' in 2014? by Cathy Rose A. Garcia, ABS-CBNnews.com MANILA, Philippines -- What's going to keep driving the growth of the Philippine property sector this year? Leading commercial real estate services firm CBRE Philippines is confident the Philippine property sector will continue to remain buoyant in 2014, as it says more foreign investors are finally recognizing the country as a top investment spot in Asia Pacific. CBRE Philippines chairman Rick Santos said the property sector will continue to accelerate, driven by the demand for office space from the business process outsourcing industry. "No longer is the Philippines an underestimated market, investors now see the sweet spot that it is in all property fronts - office, residential, industrial, retail and leisure... We think 2014 will be the best market we've seen in 20 years in the Philippines, especially in the BPO outsourcing side," he said in a press ...
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