“While living in a condo is reflective of the economic status of a person, it is not…that conducive for a family”
I hAVE often wondered how well known conglomerates can sell all the condominiums they have been advertising in newspapers and social media.
Sure enough, I met a condo owner, a good friend of the family who told me that for the past three years he has been trying to sell his condo which is well located in Makati City, beside a shopping mall and restaurants.
He believes the reason a condominium glut exists is because of too much construction by condominium builders.
Just read the papers everyday or see the social media posts and you will see so many condos for sale all over Metro Manila and even in Visayas and Mindanao, specially Cebu City.
The race for condo building is going on in southern Metro Manila and northern Metro Manila, like in San Fernando, Pampanga. I can believe what my good family friend said that he has been unable to sell his condo for the past three years.
My wife and I sometime ago had a condo in one of the Ayala premiere residences.
While living in a condo is reflective of the economic status of a person, it is not, believe you me, that conducive for a family.
I know how condo living is.
While advertising tells you that living in a condo has all its benefits, being very close to shopping centers and even to hospitals and schools, it is not exactly what every Filipino needs.
My wife and I stayed for 10 years in a condo in central Makati and for all those years I wondered why we did not make good friends with our neighbors.
The people who lived next to our units were either always out because they were young or the turnover was so fast because they were renters.
To me there is nothing like having neighbors as friends.
My wife and I are now living with my daughter in a subdivision in Metro Manila.
There is nothing like living in a house where you develop good friendships with your neighbors.
Sometimes condo living gives you some prestige because when people ask where you live, like some condo by Ayala Premiere, Shang Properties etc. gives you a prestigious address.
But this much I can say now, Santa Banana, that this friend of mine who I was talking to expressed his regrets in being unable to sell his condos because of a big glut in condos , even north and south of Metro Manila.
Another glut as a result of overselling is on cars.
Every year, car sales go up!
People often complain about how terrible the traffic has become, much worse now than ever before in Metro Manila.
All I can say is maybe there are too many buyers of automobiles and cars.
Santa Banana, so long as the people keep on buying cars, traffic in MM will get much worse.
Our roads, highways and avenues will always be jampacked especially during rush hours in Metro Manila.
That is the reason why there is an urgent need for the government to build more roads and highways and possibly subways.
Sad to say we will forever be going through traffic especially during rush hours so long as people buy more and more cars and SUVs and so long as the roads and highways in Metro Manila are what they are today.
There is an overbuilding of condominiums in Metro Manila and too many cars and so long as we have the same number of roads, avenue and highways,we will always be living with horrendous traffic woes and traffic nightmares like what we have now, especially during rush hours.
