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  • Writer's pictureZiggurat Realestatecorp

Clearing the Housing Backlog: An Updated Supply and Demand Study

Deriving from the results of this study, it is concluded that the policy direction of the government related to housing does not directly address the unserved segment nor the backlog. Despite the sheer size of the unserved and ODC segments, they have remained mostly outside the purview of government policy and private sector initiatives, whose construction initiatives since 2016 have shifted to mid- and to upper-class housing where profit margins are more attractive, as well as to other non-housing construction projects. The persistence and the widening of the housing backlog reflects this inadequate response and performance of both the public and private sectors.

Nonetheless, the segment remains to be a market worth tapping into due to its promising size and concentration in certain areas, which can provide the necessary scale economies and magnify opportunities and positive impact for the stakeholders (public, private, NGOs) who come to address their needs. It is, therefore, recommended that the government through the DHSUD, LGUs, and private sector developers and NGOs like Habitat collaborate and explore ways to address the needs of ODCs.

(source: Habitat for Humanity)

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