Unlike SmartMoney, the fundamental difference in G-Cash, another product launched in Philippines, was that the G-Cash model did not have a bank to assume direct liability for the deposits of customers. This was due to the fact that G-Cash was itself the issuer of the mobile money account. In other words, this was a non-bank led model.
This will not be welcomed by some, but it would be a sign that things are returning to normal. My advice here is to make sure your finances can withstand a lift in interest rates. The second point is that housing prices don’t always go up; like interest rates, they go up and down.