Philippines among Asia-Pacific’s least affordable housing markets

MANILA, Philippines — A typical family in Metro Manila would need nearly 20 years of its entire income to afford a median-priced condominium unit, a new regional housing study found, underscoring how difficult homeownership remains for many Filipinos. In 2022, President Ferdinand Marcos Jr. pledged what he described as an “aggressive housing program” to address the country’s housing shortage, saying the government was aiming to build “1 million low-cost and socialized homes a year.” An analysis by University of the Philippines Diliman professor and Inquirer data scientist Dr. Rogelio Alicor Panao of the 2025 Urban Land Institute (ULI) Asia Pacific […]... Keep on reading: Philippines among Asia-Pacific’s least affordable housing markets

Original source: Philippine Daily Inquirer