Recession has not settled yet here in the Philippines and I am not sure if this will be a good time for the real estate development and industry here in my country. I am hoping that the effects of the current economic crisis in Europe and the United Stated will not bring a heavy impact in the Philippine economy this holiday season or ever.
Many feared that if the effects of the recession will settle down here in the Philippines, there will be a major turnaround in all the industries here as well. That will most likely include businesses who are looking for promotional items to give away this holiday seasons like in the real estate arena and business. Promotional items help promote the overall sales and possibly make an impact on the current condition of a company.
If nothing will happen by the start of the year, there will be more progress soon and I am also hoping that this will bring about more profits in the real estate business as well as the overall business sector here in the Philippines. Philippine real estate is alive just before all this happened and I am optimistic that it will continue to bring more business to my fellow Filipinos and Filipino real estate agents.
