While housing is a basic need, owning a home remains an aspirational goal for many Filipinos—a symbol of success, stability, and security. Yet, achieving it has become increasingly difficult given today’s property prices and lagging income growth. Can the typical young Filipino family today ever own a home? READ: Raising the bar in affordable housing From boom to imbalance In Metro Manila, residential condominiums have been part of the Philippine real estate landscape for over five decades. Their popularity surged in the early 2000s as the country evolved into a hub for Information Technology and business process management (IT-BPM) jobs. […]... Keep on reading: Closing the gap: The road to housing affordability