Nobody said they were great speakers. The Philippine Islands are experiencing a shortage of housing, not vacancies. There is a tremendous lack of housing in the Islands and $SFIO is taking advantage of the opportunity to build housing in a fast growing market on those Islands. Definitely a thumbs up from me!!!
A statement from a member: Foreign Direct Investment into the Philippines plummeted including sky rocketing vacancies in the country
There are no vacancies because there are not enough homes for the unfortunate people because of: 1. There is a shortage of housing in the Philippines?
In contrast to the supposed oversupply of housing units, the Philippines has an acute housing backlog in the affordable segment—3.9 million housing units to be exact (according to Professor Enrique Soriano III of Ateneo de Manila University Graduate School of Business).
This same observation is shared by 8990 Holdings President and CEO, Januario Jesus Gregorio Atencio III, who said that there will always be a demand—growing at three to five percent per year—for affordable housing in the Philippines. He claims the country has a young and growing population whose purchasing power is gradually increasing. Data show that between 2012 and 2013, less than 500,000 low- and medium-cost housing were built, which barely represents eight percent of the current backlog.
Git-erDone $SFIO
People do not believe what you read on these forums of any site. Do Your Own DD
In My Humble Onion Of Course :-)
$SFIO is located in a multi TRILLION DOLLAR Industry of providing housing for all of their citizens!!!!!!!!!!!!!!!! Git-er-Done $SFIO
$SFIO management has much more to do than to spend all of their time on PR's and the media. They are in control of their progressive accomplishments.
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