For those who would stay in Manila for the next couple of years, should we still pay the high rent to landlord? Although the property price has gone up like crazy since 2012, I personally believe that the price may go up again especially the new development areas liike BGC and Pasay reclamation area (MOA).
Some developers offers rent to own units or so called Early Occupancy Plan (EOP) which you just need to pay low deposit of 5%, you can get the key to move in. The rest will be another 15% within 2 years, then the balance 80% by bank loan on 25th month.
So, would you still pay the rent?