Mr Lee Posted January 13, 2009 Posted January 13, 2009 Developer pours P1.5B for project in Inayawan By Rhia de Pablo Updated January 14, 2009 12:00 AM With a firm belief that Cebu Link to comment Share on other sites More sharing options...
Terp Posted January 13, 2009 Posted January 13, 2009 I didn't realize there was that much open land available in Inayawan, but after taking a look at WikiMapia that seems to be the case. Link to comment Share on other sites More sharing options...
tom_shor Posted January 14, 2009 Posted January 14, 2009 "We believe that the recession in America will not hardly hit the Philippines especially Cebu and this is attested by the many developers who continue to put up investments here in the province," said Egmedio Saliente, executive vice president for marketing.Read the whole story, click the link belowhttp://www.philstar.com/Article.aspx?Artic...bCategoryId=108 They continued to do that here till everything crashed. Now there are half finished buildings standing around and plenty of empty lots they never built on. Link to comment Share on other sites More sharing options...
Mr Lee Posted January 15, 2009 Author Posted January 15, 2009 "We believe that the recession in America will not hardly hit the Philippines especially Cebu and this is attested by the many developers who continue to put up investments here in the province," said Egmedio Saliente, executive vice president for marketing.Read the whole story, click the link belowhttp://www.philstar.com/Article.aspx?Artic...bCategoryId=108 They continued to do that here till everything crashed. Now there are half finished buildings standing around and plenty of empty lots they never built on.Never is a very long time Tom. IMO things will continue to sell but maybe at more affordable prices. Link to comment Share on other sites More sharing options...
Jollygoodfellow Posted January 15, 2009 Posted January 15, 2009 "We believe that the recession in America will not hardly hit the Philippines especially Cebu and this is attested by the many developers who continue to put up investments here in the province," said Egmedio Saliente, executive vice president for marketing.Read the whole story, click the link belowhttp://www.philstar.com/Article.aspx?Artic...bCategoryId=108 They continued to do that here till everything crashed. Now there are half finished buildings standing around and plenty of empty lots they never built on.Never is a very long time Tom. IMO things will continue to sell but maybe at more affordable prices.They seem to be set on the idea that the Philippines wont have any nasty affects of the worlds financial crisis but just the other day a report came out that exports were well down,must have an affect on the economy. Link to comment Share on other sites More sharing options...
johnrxx99 Posted January 15, 2009 Posted January 15, 2009 Glad to see they are so optimistic. As with most countries, people still haven't grasped the problems were in on a global basis but while overseas workers continue to send the gravy back the effects here are minimised. Link to comment Share on other sites More sharing options...
Mr Lee Posted January 15, 2009 Author Posted January 15, 2009 I think they think that things are so bad for many that they cannot get any worse. The shame is that the poor will be the ones to suffer the most due to lower remittances and loss of labor type jobs. I hope they are correct and it does not hit the Philippines hard or there will be even more starving people. Link to comment Share on other sites More sharing options...
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