In my last post, I concluded that the condominium boom in Metro Manila should not be viewed as a sign of a healthy Philippine economy. Massive human congestion has resulted to serious scarcity and high cost of land leaving developers no choice but to build vertically.
Metro Manila has become what it is today because of the over-concentration of businesses plus recreational, cultural, and institutional facilities therein – elements that are barely present in many parts of the countryside. (more…)
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