The article discusses the potential impact of allowing foreigners to own land in the Philippines, focusing on foreign direct investment and the real estate market. It emphasizes that 100% foreign ownership of land may not necessarily attract foreign capital and could have minimal impact on property values. Atty. Jojo advocates for a balanced approach, considering economic benefits and potential drawbacks.
Tag Archives: National Land Use Act
From City to Countryside: How the Post-Pandemic Era is Transforming Real Estate Buyers’ Choices
As more professionals choose to work in the NCR and live outside the NCR, the demand for real estate in suburban and rural areas will continue to rise. This shift in demand brings economic opportunities for provinces and smaller towns while also presenting challenges in terms of infrastructure and sustainable development.
Realttorney® 