There's so much talk about doom and gloom in the West. Maybe it's time people looked our way...
Here's a commentary about the Philipppine property market:
Property prices are going up over the next 12 months. I never suggest buying real estate for capital appreciation. However, rental income on your real estate is very high in the Philippines. If you are thinking of buying, do it soon. Although construction-material costs are comparatively low right now, these costs will rise in the next year and new property prices will go up also. As money is freed up in the West, overseas investors will be coming back to property markets like the Philippines in the same way as they did four or five years ago.
You have no excuse for not substantially increasing your wealth this year by investing in the Philippines.
Read more... http://businessmirror.com.ph/home/opinion/8726-philippine-investment-opportunities.html