A Home for Every Filipino
A historical collection of CREBA’s proposed legislative/policy/regulatory measures and position papers on various issues relative to the Philippine real estate industry
The Housing Escrow Fund is a fund pool comprised of fund contributions by developers who opt to comply with the legally mandated balanced housing requirement via certain alternative modes of compliance. Under the law, a developer proposing to undertake a subdivision or condominium project is required to develop an area for socialized housing equivalent to …
Evident in many laws relating to real estate is the underlying presumption that every act of a developer proceeds from avarice. Apparently proceeding from this presumption of guilt, the general trend in these laws has been to impose excessive demands and conditions, as if to penalize the entire housing industry for the perceived faults of …
Rectifying Inequity & Ambiguities of the Maceda Law Read More »
“Land is indispensable to any and all human activity; and how a nation uses its lands, to a large extent determines its fate – whether its people will remain as tillers of the soil or homeless nomads, or prosper along with the better part of the human race.” Ever since the Department of Agrarian Reform …
Towards Equitable & Sustainable Land Use Interventions Read More »
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 The system is characterized by multiple, inconsistent, outdated, inaccurate and …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 »
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.
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