The fact that villas currently make up only 15 to 20 percent of new sales relative to apartments indicates a tightening supply of low density housing. As the population grows the absolute number of people desiring villas will increase but the relati…
The fact that villas currently make up only 15 to 20 percent of new sales relative to apartments indicates a tightening supply of low density housing. As the population grows the absolute number of people desiring villas will increase but the relative supply is shrinking. This divergence between high demand and low relative supply is a fundamental economic indicator that villa prices will continue to face upward pressure outperforming the broader market in the long run.
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