Marcos discourages renting out gov't housing units

President Ferdinand ‘Bongbong’ Marcos Jr. joins Human Settlements and Urban Development Secretary Jose Rizalino Acuzar in the groundbreaking ceremony of a housing project in Cebu City on Feb. 27, 2023.

In an interview on Monday, Feb. 27, Marcos said the renting system has been a problem faced by the government which is now being addressed. “Kung kaya nila na ipa-rent out hindi nila kailangan yung tirahan. Ibibigay na lang natin doon sa whoever is — kung sinoman talaga ang nangangailangan na wala silang ibang titirahan ,” Marcos said.The President further said the government is now coming up with a system to prevent the transferring of units.housing project in Cebu CityHe disclosed that the government is close to groundbreaking about 600,000 houses as it intends to build one million houses a year until 2028.

He said whether the government reaches the target or not, they will have to add the unbuilt units to next years’ goal. “So siguro baka – basta ang target talaga namin one million a month – a year, one million a year. Basta’t gagawin namin para paabutin. Kung hindi tayo makahabol this year, eh papaspas natin yung mga next years para yung average natin one million a year pa rin ,” Marcos said.

Source: Real Estate Daily Report (realestatedailyreport.net)

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

P69.6-M Grand Lotto jackpot still up for grabs; 3 to take home P120K eachThere was no winner for the jackpot prize of Grand Lotto 6/55 worth P69,632,781.80 in the evening draw of the Philippine Charity Sweepstakes Office (PCSO) on Saturday, Feb. 25.
Source: manilabulletin - 🏆 25. / 51 Read more »

Elderly man killed in Negros Oriental town road accidentAn elderly man died after he was hit by a pick-up truck driven by a local chief executive in Barangay Awaan, Ayungon, Negros Oriental on Friday, Feb. 24.
Source: manilabulletin - 🏆 25. / 51 Read more »

Fire destroys 1,200 houses in Davao CityAt least 1,200 houses were destroyed by a fire that hit a coastal area in Barangay 21-C Quezon Boulevard around 1 p.m. on Saturday, Feb. 25.
Source: manilabulletin - 🏆 25. / 51 Read more »

Security tightened at South Cotabato prov’l jail as several inmates tested positive for illegal drug useJail authorities have stepped up security measures at the South Cotabato Rehabilitation and Detention Center after nine inmates tested positive for illegal drug use.
Source: manilabulletin - 🏆 25. / 51 Read more »

'Plane' movie readies sequel entitled 'Ship'The hit action-thriller “Plane” is setting sail with its sequel entitled “Ship.’
Source: manilabulletin - 🏆 25. / 51 Read more »

Arrested drug pusher in Negros City buy-bust yields 50 grams of shabuA man allegedly linked to a drug group in Negros Occidental was arrested as authorities found 50 grams of suspected shabu worth P340,000 in his possession during a buy-bust operation in Barangay 6, Kabankalan City on Friday, Feb. 24.
Source: manilabulletin - 🏆 25. / 51 Read more »