Advisory Center for Affordable Settlements & Housing

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Document Type General
Publish Date 04/06/2009
Author Faith Cacnio
Published By UN Habitat
Edited By Suneela Farooqi
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PHILIPPINES: COMMUNITY BASED HOUSING FINANCE

Download Document
Document Type: General
Publish Date: 2009
Primary Author: Faith Cacnio
Edited By: Suneela Farooqi
Published By: UN Habitat

The past decades have seen the Philippines experience a 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.

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