The two sectors that provide the most hope right now are the property related market, with housing sales getting better, and the ongoing dwindling stocks in the industrials, mainly machinery, autos and white goods.

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Individuals have been pouring money into real estate, lured by the promise of gains, low interest rates on loans, and the general view that property is a better investment right now than the stock market.

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Right now, a pharmaceutical company's right to market its medicines is usually determined almost entirely by intellectual property.

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Buyers and sellers in Manila have established a price, but because its commercial-property market is so thin, some analysts fear it is not the right one.

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For example, recent gains in the housing market have accrued mainly to people who happen to belong to the right generation and who own property in the right places.

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