Tag Archives: townhouses

The New Fueling Boom; Driving Real Estate Market

17 Apr

With millions of people in a certain country not all are given good opportunity to have a stable job and stay on their beloved native land. Majority of them are force to work to other countries even if it’s hard for them to leave their love ones.  Life of becoming an overseas worker is tough, as they risk battling the outside world with their bare hands and unfortunately some may not have that full assurance of becoming a successful worker. Some of them may lose fortune and turn into slave victims on their cruel employer and instantly their life becomes chaotic.

Despite all this possible negativity on becoming an overseas worker, some race still track on becoming one and the Filipino race is one of them. Yes, the Philippines is one the famous diasporas of overseas workers in different countries or simply they are called “OFW’s” or Overseas Filipino workers. They are considered one of the greatest financial contributors in Philippine economy. They simply turn their billions of dollars (their earnings) into remittances every year which gives them portal to possess great purchasing power. OFW’s plays a special role in driving market force, from this moment the most important investment sources for the Philippines are not actually locally based but rather coming from the remittances of heroic Filipino workers abroad. Continue reading

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