A Home for Every Filipino
The simple fact is that housing is the most expensive of all human needs; and like any business, without government intervention, housing production by the private sector will always be geared towards effective demand. By effective demand, we mean those with the ability to pay. Because of this fact, millions of Filipinos are without homes …
Towards an Effective, Sustainable Homebuyer Financing System Read More »
The Value-Added Tax was first adopted in the Philippines on 25 July 1987 when then President Corazon Aquino promulgated Executive Order (EO) No. 273 pursuant to her emergency powers. The EO pegged the VAT at 10%. Five groups including the labor organization Kilusang Mayo Uno petitioned the Supreme Court to nullify EO 273 on various …
Land is the most valuable resource; and it is globally recognized that land/housing development is the primary catalyst for economic progress and social advancement. Yet over the decades, the country’s system of land or real property valuation has failed to properly exploit this vital attribute. The system is characterized by multiple, inconsistent, outdated, inaccurate and …
Reforming Philippine Property Valuation – a Long Awaited Measure Read More »
Food, clothing and shelter are man’s most basic needs. Apparently with this truism in mind, and cognizant of the economic pump-priming attributes of shelter development, the government under the martial law regime placed housing – side by side with agrarian reform – at the focus of its developmental thrust. Thus, the Ministry of Human settlements …
Prior to the Martial Law regime, local government units (LGUs) exercised the power to regulate land and housing development activities. Lacking central coordination and planning, rules and standards varied from one locality to another, thus creating a developmental nightmare. CREBA thus advocated regulatory centralization. In response, then President Ferdinand Marcos created the National Housing Authority …
Towards Sensible Land & Housing Development Standards Read More »
Perhaps no other governmental act has been as detrimental to housing and other non-agricultural activities as the Comprehensive Agrarian Reform Program (CARP). So much so that the rancor attending the ensuing long-standing battle for land access was unprecedented in the history of CREBA. In 1987, then President Corazon Aquino promulgated three major issuances that led …
The views expressed in the individual posts – other than those in the “Advocacy”, “From the Chairman” and “From the President” post categories – are those of the author and may not necessarily reflect CREBA’s official stand. We respect intellectual property rights; if you believe yours have been infringed upon, please contact us immediately.
Designed, developed & deployed for CREBA by BAMB
