IDEAS home Printed from https://ideas.repec.org/a/phs/prejrn/v48y2011i1p125-146.html
   My bibliography  Save this article

Is government really solving the housing problem?

Author

Listed:
  • Toby C. Monsod

    (School of Economics, University of the Philippines)

Abstract

Informal housing arrangements, substandard structures, congestion, and land-use conflicts characterize the urban housing problem in the Philippines. The record suggests that the response of the state, especially its reliance on below- market-priced mortgage loans, has aggravated the situation. If the housing problem is to be solved, government needs to rethink its role in housing finance, delink housing social assistance from finance markets, and turn its attention to fundamental supply side and urban governance issues.

Suggested Citation

  • Toby C. Monsod, 2011. "Is government really solving the housing problem?," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 48(1), pages 125-146, June.
    • Handle: RePEc:phs:prejrn:v:48:y:2011:i:1:p:125-146
    as

    Download full text from publisher

    File URL: http://pre.econ.upd.edu.ph/index.php/pre/article/view/662/768
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ballesteros, Marife M., 2000. "Land Use Planning in Metro Manila and the Urban Fringe: Implications on the Land and Real Estate Market," Discussion Papers DP 2000-20, Philippine Institute for Development Studies.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Francis E Warnock & Veronica Cacdac Warnock, 2012. "Developing Housing Finance Systems," RBA Annual Conference Volume (Discontinued), in: Alexandra Heath & Frank Packer & Callan Windsor (ed.),Property Markets and Financial Stability, Reserve Bank of Australia.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ballesteros, Marife M., 2001. "The Dynamics of Housing Demand in the Philippines: Income and Lifecycle Effects," Discussion Papers DP 2001-15, Philippine Institute for Development Studies.
    2. Yujuico, Emmanuel, 2015. "Considerations in the diffusion of a public traffic app for Metro Manila," Journal of Transport Geography, Elsevier, vol. 42(C), pages 48-56.
    3. Dasgupta,Basab & Lall,Somik V. & Lozano Gracia,Nancy, 2014. "Urbanization and housing investment," Policy Research Working Paper Series 115004, The World Bank.
    4. Edsel E. Sajor, 2005. "Professionalisation or Hybridisation? Real Estate Brokers in Metro Cebu, the Philippines, during the Boom of the 1990s," Urban Studies, Urban Studies Journal Limited, vol. 42(8), pages 1321-1343, July.
    5. Senate Economic Planning Office SEPO, 2015. "National Land Use Policy: Protecting Prime Agricultural Lands," Working Papers id:7083, eSocialSciences.
    6. Gavin Shatkin, 2008. "The City and the Bottom Line: Urban Megaprojects and the Privatization of Planning in Southeast Asia," Environment and Planning A, , vol. 40(2), pages 383-401, February.
    7. Philip F. Kelly, 2003. "Urbanization and the Politics of Land in the Manila Region," The ANNALS of the American Academy of Political and Social Science, , vol. 590(1), pages 170-187, November.
    8. Narae Choi, 2016. "Metro Manila through the gentrification lens: Disparities in urban planning and displacement risks," Urban Studies, Urban Studies Journal Limited, vol. 53(3), pages 577-592, February.
    9. Barrie Needham & George de Kam, 2004. "Understanding How Land is Exchanged: Co-ordination Mechanisms and Transaction Costs," Urban Studies, Urban Studies Journal Limited, vol. 41(10), pages 2061-2076, September.
    10. Sara Meerow, 2017. "Double exposure, infrastructure planning, and urban climate resilience in coastal megacities: A case study of Manila," Environment and Planning A, , vol. 49(11), pages 2649-2672, November.
    11. Ballesteros, Marife M., 2002. "Rethinking Institutional Reforms in the Philippine Housing Sector," Discussion Papers DP 2002-16, Philippine Institute for Development Studies.
    12. Navarro, Adoracion M., 2014. "Scrutinizing Urbanization Challenges in the Philippines through the Infrastructure Lens," Discussion Papers DP 2014-37, Philippine Institute for Development Studies.
    13. repec:phd:pjdevt:pjd_2008_vol__xxxv_no__2-c is not listed on IDEAS
    14. Gavin Shatkin, 2004. "Planning to Forget: Informal Settlements as 'Forgotten Places' in Globalising Metro Manila," Urban Studies, Urban Studies Journal Limited, vol. 41(12), pages 2469-2484, November.
    15. Pacheco-Raguz, Javier F., 2010. "Assessing the impacts of Light Rail Transit on urban land in Manila," The Journal of Transport and Land Use, Center for Transportation Studies, University of Minnesota, vol. 3(1), pages 113-138.
    16. Toby C. Monsod, 2011. "Is Government Really Solving the Housing Problem?," UP School of Economics Discussion Papers 201104, University of the Philippines School of Economics.

    More about this item

    Keywords

    housing; housing problem;

    JEL classification:

    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:phs:prejrn:v:48:y:2011:i:1:p:125-146. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: RT Campos (email available below). General contact details of provider: https://edirc.repec.org/data/seupdph.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.