Asian residential property buyers beware! property markets in Asia seems on the surface, were recovered from the Asian crisis and again on their feet. In fact, a worldwide boom in residential property has experienced over the past decade – in Europe, the United States, Australia and New Zealand have seen the rise of commodity prices. But in Asia, the reality is quite different. Asian markets poor residential, according to a report by the Global Property Guide. Once the inflation figures rising prices, adjusted Asian record seems bad. How Asian markets have made a home from the top (inflation): Hong Kong: still 61% below the peak Indonesia: still 50% below the peak Malaysia still 10% below the peak Philippines: still 55% below the peak Paris: still 37% below peak South Korea also 38% below the peak Thailand is still 10% below the peak in 1992 ”There have been investments less profitable than residential property in Asia over the past ten years,” says Matthew Montagu-Pollock, publisher of Global Property Guide. ”And when the construction boom underway in Asia will continue, the next decade, not much fun for property investors, either.” rental yields are very high in Indonesia, Thailand and the Philippines, while Asian countries to benefit from strong economies. But growing their real estate markets has been limited mainly by the Government of MIS-steps. had “Asian real estate markets have been higher had it not been made of the failure of government,” said Prince Cruz, chief economist for the Global Property Guide. “Is this not a coup, a protest rally or runaway inflation, there is government interference in housing markets that the government has killed”. Cruz-study victims of government subsidies and intervention, while the real estate markets in the Philippines, Indonesia and Thailand have suffered from political instability in the property markets in Singapore, Hong Kong and South Korea. Asian prices are still well below the peak Despite reports of light recovery, Asian real estate prices are still below their levels before the Asian crisis. In a report published Global Property Guide suggests that the combination of inflation, widespread subsidies of housing markets, political unrest and superstructure are the result of very different markets in Asia than other Boom. Asia’s current property boom is apparent boom in the construction of a ‘- not a real estate boom, he said, to warn investors not to the seductive siren song of professionals in the Estate. After adjusting for inflation, the situation changes significantly with pleasure the good news of higher prices for goods. Indonesia, for example, is a difficult fight against inflation. Adjusted for inflation, house prices were actually eighth Indonesia 4% in 2005 and 7% yoy in the second Qu 2006th This year, the mild decline in nominal prices in Hong Kong (3 7%) is enhanced by taking into account inflation. Hong Kong house prices actually fell by 6% in real terms. The results (modest) price increases in South Korea, Singapore and the Philippines actually become price falls, or are greatly reduced, once inflation is taken into account