Realty Reality
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About this ebook
Ever since the 1997 Asian financial crisis, property markets have greatly developed through the years. Asian governments have improved the financial stance associated with the structure of housing finance, allowing more access to a diverse range of mortgages products.
Housing in Asia has an important role in economic growth. In the early 1990s large urbanization in Hong Kong, Singapore, Thailand, Philippines and other Southeast Asia countries brought about a large housing price appreciation. Asia attracted global economic interest up until the economic crash of 1997. A decade later, the Asian economy has been stabilized, and has allowed the property market to advance. As a result, foreign investment is continuing to grow. The market is currently experiencing a 50% increase in the amount being invested into Asian countries globally. Although some countries in Asia may not be stable enough for international investment, the majority of the markets are expected to boom.
This handbook presents interviews with some of the leading players in the real estate market in Asia, which will help you evaluate the market through their eyes.
Ram Garikipati
With 26+ years experience in Business Journalism/ Corporate Communications, I am now a freelance business writer and editor based in Hyderabad, India. I regularly contribute to newspapers and journals on economic issues. Prior to this, I was a Copy Editor/ Columnist with The Korea Herald, the leading English-daily in South Korea. I was based in Seoul for 17 years. Before that I was Chief Editor of a bimonthly magazine published by the Ministry of Agriculture, Food & Rural Affairs in Korea.Earlier, I worked as Chief Editor/ Corporate Communications of EUCCK, where I was responsible for Press Relations, which includes interacting with the media on a regular basis, clarifying their story inputs, issuing press releases and arranging media interviews for the President Group (President, 2 Vice-Presidents, Treasurer and Secretary General) of EUCCK.I was also responsible for the in house business magazines- INFOMAG and INFOMAG REAL ESTATE. From start to finish, I was in charge of planning, interviews, writing, editing, design and marketing of the magazines, heading a team of six.Even before, I worked in The Hindu Business Line newspaper (www.thehindubusinessline.com) at New Delhi from 1995 to 2004. I was responsible for Telecom & IT coverage of both government policy and corporate sectors and a fortnightly columnist and editorial writer. Earlier in my career at the same organization, I covered banking, macro-economic issues and infrastructure.I am currently working on two novels- a sequel to SCATTERED FATES, and a fiction on 5 global religious icons (Jew/Christian/Islam/ Hindu/Buddhism) meeting together at Central Park New York.
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