Private sector-led housing program undermines meager housing budget (IBON Facts & Figures excerpt)

March 17, 2017

“The problematic private sector-led housing program of government further undermines the meager housing budget. So-called low-cost socialized housing, for instance, now has a price ceiling of Php450,000, which was increased from its previous Php400,000 to encourage private developers to participate in the production of socialized housing units as well as reflect higher construction costs. Many […]