THE Philippines is currently facing a staggering housing shortage of 6.5 million units. In Quezon City alone, the demand for affordable housing exceeds 250,000 families.
Despite securing P250 billion in funding through the Department of Housing Settlements and Urban Development to construct social housing for the urban poor, the situation continues to deteriorate. Years of funding for socialized housing by the National Housing Authority, LGUs and other agencies have failed to reduce the backlog, which continues to grow.
constructed thousands of apartment units in Diego Silang Village and Centennial Village, as well as onsite townhouses along the C-5 road. These housing sites, minutes from BGC, offered medium-rise, subsidized apartments, with beneficiaries paying only construction costs as the land was free. Units ranged from P300,000 to P450,000 for 36 to 59 square meters; today, those same units are appraised at P3 million for a 59 sq m unit.
's offer. Supported by retired military and police personnel, they actively opposed relocation efforts and lobbied politicians for support. As a result, they remain informal settlers, with hundreds of hectares of prime land left undeveloped, now turned into blighted slums.While the government has built thousands of subsidized housing units across the country, homelessness continues to rise. We cannot afford to perpetuate strategies that have proven ineffective.
Rental Housing: Viable Solution To PH Housing Crisis
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