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Originally Posted by graphical x
Hmmmm, isn't the reason the real estate sector in CR, RVN, and PI are going up is because of US-born retirees buying retirement properties(CR ), expats investing (RVN), or overseas temp or contract workers sending money home (PI)?
The philippines' economy is particularly stagnant compared to its 'tiger' neighbors. It hasn't fully recovered from the 1997 "asian economic flu" Why do you think it has one of the highest applications of family unification emigrants to the United States and Canada?
I think the high cost of infrastructure is the reason prices haven't settled lower...
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We'll agree to disagree I guess. I'm right at the front lines of this thing and am always continuing to research to make good and smart decisions as to where the future of our software development side of the company is going to go...
We will always have a strong american presense for our development staff however. There is only so much you can do from thousands of miles away so that is why our software teams will always work in teams between local employees and our overseas offices.