Beating the housing finance conundrum

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Beating the housing finance conundrum
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Despite the valiant efforts of our secretary for housing, we have failed by a long shot to meet our housing targets for the year.

And the reason for this is beyond the capability of the housing sector: in a word, lack of affordability.

Thus they fit the UN Habitat’s definition: A slum household is one who suffers from one or more of the following deprivations: 1. lack of access to improved water sources, 2. lack of access to improved sanitation facilities, 3. lack of sufficient living area, 4. lack of housing durability and 5. lack of security of tenure.

To quantify the cost of this massive undertaking, Indonesia has the advantage of complete data on the basic services to be supplied per year for the next five years: 800,000 households without potable water; 450,000 households without sanitation; 300,000 households with weak construction materials, etc;It is proposed that the housing assistance for the poorest 40 percent of family incomes be the provision of basic services instead of new housing construction.

A massive program similar in intent, equal in scale but different in implementation is the DSWD Conditional Cash Transfer Program . The equivalent conditions to their continued education for our housing upgrades must be studied. The alleged multi-level marketing practice of a local pharmaceutical company exposed by media is now the talk of the health care community.

This town of 30 barangays had only 153 precincts in Election 2022. Yet four candidates for mayor got identical votes in many precincts. In others, the three “losers” got 1, 2 or 3 additional or fewer...

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