I am working in the Philippines, the economy here is strong and diversified. I do believe they will face a housing bubble similar to the USA's in a couple of years. They are overbuilding, charging low interest and giving homes and condos to people without good background checks. They do not have credit bureaus and make decisions based on instinct and not data. If they could make more in roads on government corruption, they have an unstoppable economy due the youth and work ethic and natural resources that have not even been touched.
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I am working in the Philippines, the economy here is strong and diversified. I do believe they will face a housing bubble similar to the USA's in a couple of years. They are overbuilding, charging low interest and giving homes and condos to people without good background checks. They do not have credit bureaus and make decisions based on instinct and not data. If they could make more in roads on government corruption, they have an unstoppable economy due the youth and work ethic and natural resources that have not even been touched.