Advisory Center for Affordable Settlements & Housing

acash

Advisory Center for Affordable Settlements and Housing
ACASH

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Document TypeGeneral
Publish Date15/12/2009
Author
Published ByUN-HABITAT
Edited ByArslan Hassan
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COMMUNITY BASED HOUSING FINANCE INITIATIVES IN PHILIPPINES

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Document Type:General
Publish Date:2009
Primary Author:Faith Cacnio
Prepared By:Saba
Edited By:Arsalan Hasan
Published By:UN-HABITAT

The past decades have seen the Philippines experience remarkable growth in its urban population. Between 1960 and 1995, it is estimated that the urban population grew by 5 percent before slowing down to 3.1 percent in recent years. Notwithstanding the difficulties of living in overcrowded places, people continue to migrate to urban areas in search of better employment and income opportunities. Rural-urban migration is further fueled by the indiscriminate conversion of prime agricultural lands for residential, commercial, and industrial uses. With smaller lands to till, farmers and farmhands are forced to find alternative employment in urban areas.

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