Mr Lee Posted May 7, 2010 Posted May 7, 2010 IMO they seem to be overbuilding condos in Cebu, but the prices keep going up and I have to wonder what is really driving them up, could it be this? What do you think it is that is causing prices to keep going up, maybe the OFW growing in numbers? Cebu to be second home for foreigners Link to comment Share on other sites More sharing options...
Tom in Texas Posted May 7, 2010 Posted May 7, 2010 IMO they seem to be overbuilding condos in Cebu, but the prices keep going up and I have to wonder what is really driving them up, could it be this? What do you think it is that is causing prices to keep going up, maybe the OFW growing in numbers? Cebu to be second home for foreigners Nice article, Lee. It'll give me lots of "possibilities" to keep my eye on... let's see... "Honey, I'm going to go look over the "x" condo project... I'll be gone all day." As to prices... maybe it is the PI equivalent of "build it and they will come" --- "ask for it and maybe they will pay it."Tom in Texas Link to comment Share on other sites More sharing options...
Travis Posted May 8, 2010 Posted May 8, 2010 IMO they seem to be overbuilding condos in Cebu, but the prices keep going up and I have to wonder what is really driving them up, could it be this? What do you think it is that is causing prices to keep going up, maybe the OFW growing in numbers? Cebu to be second home for foreigners Cebu is growing so much just in the short time that I have lived here that I am guessing it is what Tom in Texas said build & they will come Link to comment Share on other sites More sharing options...
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