The Philippine Housing Industry Roadmap: 2012-2030

Introduction:

I. Internal Analysis:

• Economic Impact: multiplier effect, social benefits

• Value Chain: prevailing positive and negative issues.

II. External Analysis:

• Factors in addressing the housing industry needs: production (supply-demand), affordability, policy, regulatory environment.

III. Closing the Gap:

• Vision, Goals & Strategies

• Summary & Conclusions

Current policy regime inadequate to address growing housing industry deficits:

• Government subsidy programs failed to reach intended beneficiaries, particularly those who cannot afford

• Private capital left out of the housing industry program. Government takes burden and risk of shouldering cost of housing industry program.

• Meeting shelter needs based exclusively on ownership excluding other forms of shelter

• Lack of estate management program

• Relocation programs may have adversely affected livelihoods of the beneficiaries

• Lack of structure and capability of government to monitor, collect and manage fund.

Improve the Housing Regulatory Environment:

• Every housing industry related permit, certification, clearance and license shall be acted upon within a maximum period of ten working days

• Resolving conflicts between local and national housing policies and guidelines.

• Enhanced representation of the housing industry in vital policy.

Conclusion:

What is the current status of housing need of the country?

• 3.9 million housing unit backlog including 832,000 families who cannot afford (2011)

• Housing need will increase to 10.1 million units and given the current capacity and without a comprehensive program, the backlog can hit 6.5 million by 2030

• Current Industry capacity and housing programs are inadequate to eliminate the housing backlog.

ALSO READ: Affordable Housing Funding and Financing Recommendations Report