Real estate players bullish on next six years
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- 21 Jun 2022
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Real estate practitioners expressed optimism on the growth prospects of the housing and real estate industry under the Marcos, Jr. administration.
This is the general sentiments of speakers during Day 1 of the two-day 26th National Convention online of the National Real Estate Association (NREA), jointly with the Department of Human Settlements and Urban Development, which opened June 16, 2022.
The government agency speakers said that the housing infrastructure is ready for transition, with its 2040 housing roadmap and plan.
On the other hand, private housing research and consultants expressed the potential opportunities in the current housing market, which could be realized in tandem with the economic policies and programs of the new administration.
The convention, which will run up to June 17, 2022 features seventeen speakers with presentations on various housing topics and issues.
The opening rites have as guests Secretary Eduardo Del Rosario of DHSUD, who delivered his welcome message.
Del Rosario expressed hope that the convention will bring about the desired housing goals as well as serve as catalyst in this effort.
Re-elected Sen. Joseph Victor “JV” Ejercito, in-coming chairman of the Senate Committee on Urban Planning, Housing and Resettlement cited the committee’s contribution, which he headed during the 16th, 17th and 18th Congress. “I look forward to working with NREA and industry stakeholders in the 19th Congress, he added. Read More…
