TODAY'S EDITORIAL: A lofty goal, but not an impossible one
IN a roundtable meeting with Cambodian business leaders this week on the sidelines of the Association of Southeast Asian Nations summit in Phnom Penh, President Ferdinand 'Bongbong' Marcos Jr. announced a lofty goal to build 1 million affordable housing units for Filipinos per year during his term, or 6 million by the time he leaves office. If the government was successful, the initiative would nearly erase the Philippines' backlog of low-cost housing, which is estimated to be 6.
It does seem that Congress appreciates the need to prioritize the Land Use Act more than it has in the past, but more prodding is needed to move that vital legislation to the President's desk.Another key issue that needs to be resolved before one spadeful of dirt is turned is the issue of affordability, both for the prospective residents and for the government.
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