Real Estate In The Philippines

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CHAPTER 1: THE PROBLEM AND ITS BACKGROUND According to Investing Answers (n.d), Real estate refers to land, as well as any physical property or improvements affixed to the land, including houses, buildings, landscaping, fencing, wells, etc. How it works, examples: Vacant land and residential lots, plus the houses, outbuildings, decks, trees sewers and fixtures within the boundaries of the property are examples of real estate. Furniture, cars, paintings, jewelry and boats are examples of personal property rather than real estate. There are a variety of ways to invest in real estate, ranging from real estate investment trusts (REITs) to buying rental property or multi-family housing. Real estate is all about the undeveloped land that buyers can buy and put up their real estate business. For example putting up subdivision, hotels, buildings, offices, factories and other establishments that may be used by the buyers to put up to real estate is turning the undeveloped land into something that can be useful to the buyers of the land. Real estate needs real estate agents or broker to market their establishments or buildings. The current status of the Philippine real estate industry. Real estate demand by the Philippine economy which has…show more content…
Its prime movers also believe in offering affordable housing that will engender decent living for its homeowners. As such, houses that are being offered, though modest in size, were designed to meet the most basic needs of a family. Mindful of density in affecting the quality of living space conditions, the Corporation has endeavored to build pocket residential

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