Not sure what all the fuss is about although I agree with Terps condo post..
Lots of foreigners making lots of money on all types of property and land here.. An English mate just made 3.5 Million cash 1 year after initial investment.
Ive had a few offers for land I bought 5 years ago but there`s no way Im selling for at least another 10 years.. Prices in the R.P have never gone down in price since the late 70`s...Only up and that includes the last Asian financial crisis.. Where else in the world can you say that about?
Personally I would not invest in UK housing until Britain and the EU stabilizes the huge amount of debt that weighs it down..Another 10/15 years at least IMV.
Having worked all of my working life in construction in the UK I can honestly say that the steel reinforced post and beam construction that I have seen here is far stronger than any ring beam construction method Ive seen the UK..
Cavity or no cavity!!
The biggest issue here is a complete lack of maintenance by Filipino home owners.
All materials are available here now if you are willing to pay and for 20k per square meter you will get a top grade house as good as anywhere in the world...
Just as any where else..You get what you pay for..
Fred.
