Neoliberalizing Spaces in the Philippines

Amidst the recent global financial crisis and housing busts in various countries, the Philippines’ booming housing industry has been heralded as “Southeast Asia’s hottest real estate hub” and the saving grace of a supposedly resilient Philippine economy. This growth has been fueled by demand from balikbayan (returnee) Overseas Filipinos and has facilitated the rise of gated suburban communities in Manila’s sprawling peri-urban fringe. But as the “Filipino dreams” of successful balikbayans are bu