101. The free fall in property prices hammered both powerful developers and individual homeowners. 102. The government did little about the loans for eight years, thinking that if property prices rose again, the problem would right itself. 103. The MOF, concerned that property prices were spinning out of control, passed a regulation capping the amount of real estate loans the major banks could extend. 104. The PNB sale may also make property prices in several fast-rising business districts that compete with Makati look cheap, thereby boosting sales further. 105. The move may be the first step in helping to shore up property prices and the local economy. 106. The purchase also gives BRE the capability to develop apartments now that a flood of investors have entered the market, bidding up property prices and cutting returns. 107. The purchase also gives BRE the capability to develop apartments now that a flood of investors have entered the market bidding up property prices and cutting returns. 108. The slide in Southeast Asian currencies owes more to widening current account deficits, slowing exports, sagging property prices and weak financial systems, Bergsten said. 109. The takeover comes amid a surge in property prices in the U.K. that has led to a series of hotel sales. 110. The setback comes just as French banks had begun to emerge from four lean years following a slump in property prices and a faltering economy. |