Housing Affordability Challenges: the Case of the Median Income Households in Cagayan de Oro City Philippines
Catherine Roween C. Almaden

Abstract
Like most urban areas in the Philippines, good quality housing in Cagayan de Oro City is expensive. The affordability issues faced by median income group in the city had prompted this research. The median income employees chosen as respondents to the survey of this study all come from a local university in the city. The main objective of this study is to investigate housing affordability among these middle-income earners. The results highlight the importance of the demographic and socio-economic backgrounds of households that influence housing adequacy and affordability. However, for most of the respondents who demand housing, income is still the major limitation in meeting the housing adequacy and affordability requirements. This paper contends that if affordability in housing is to be properly and adequately addressed in the city, there is need for policy initiatives and interventions to assist the median income earners as well as incorporate social housing as a priority development policy.

Full Text: PDF