Ohmyhome: Homeownership remains a priority for Filipinos
AS tumultuous as the year 2020 was, it gave us key insights into what must be prioritized to continue living comfortably and securely despite the curveballs life throws at us. If anything, unexpected challenges make individuals and families appreciate the stability that having a roof over one’s head brings.
It was in 2020 as well, when Filipinos increasingly saw that property ownership can be a steadfast source of passive income even when facing an uncertain future. This is why Ohmyhome, a leading property solutions platform and an expert on real estate, believes that Filipinos — whether starting families, young professionals, or property investors — will still include homeownership in their priority list for 2021.
Race and Rhonda Wong, co-founders of Ohmyhome, say that this view is supported by data culled from the Ohmyhome application and website, which were launched in the Philippines in September. “In December 2020,” they relate, “house and lot properties in Cavite and in Novaliches, Quezon City, garnered significant levels of interest. These locations being north and south — and on the fringes — of Metro Manila is a pleasant contradiction.”
Race and Rhonda are likewise anticipating a boost in real estate activity this year, noting that forecasts for Philippine real estate show a positive outlook for 2021, as upcoming business developments and national infrastructures are set for completion within the next two years. For more information, visit: https://ohmyhome.com/en-ph or download the app at https://ohmyhome.com/download-app.