A comparative study on the housing price buble in the central business districts of Metro Manila from 1997 to 2012

Date of Publication

2013

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Management of Financial Institutions

College

Ramon V. Del Rosario College of Business

Department/Unit

Financial Management

Thesis Adviser

Neriza M. Delfino

Defense Panel Member

Robert Dan Roces
Merriam Tanco
Ruben Carlo Asuncion

Abstract/Summary

On the first quarter of 2013, the Philippines had well surpassed its economic forecasts with its 7.8 percent growth rate. Subsequent to this, the Philippines had achieved investment grade ratings from Fitch Ratings, Standard and Poor's, and the Japan Credit Rating Agency. Such economic development purports economic activity that encompass corporate expansions, which presupposes increases in housing consumption and investment demand, thrusting the prices of properties upward. This paper is thus aimed at studying the effects of economic development on the volatility of land values as well as the possibility for the formation of a real estate bubble. For purposes of establishing research parameters, housing price volatility will be measured through studying the comparative effects of the property stock index, lending interest rates, remittances, non-performing loans, and the inflation rate on the land values of Makati, Ortigas, and Fort Bonifacio.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU21723

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

99 leaves ; 28 cm.

Keywords

Housing--Finance; Housing--Prices--Philippines; Housing--Philippines

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