A WORKING MOM'S PEN HAVEN

Vista Land supports the Balik Probinsya program by offering several affordable house and lot packages in hundreds of locations nationwide. The government recently extended the ECQ in Metro Manila and critical areas of the country to May 15, 2020.  While the rest of the world continue to battle the dreaded virus, PH has more worries ahead.  the economy is on the brink of collapsing and people's lives are also on hold because of fear and  uncertainty.  The different Department of the government each has its own contribution to the Task Force that is helping each other to solve the crisis.  But left out in the picture at least for now are the economists that would like to push for more detailed plans on how to revive the economy after the COVID crisis. DOH on the other hand is still on the limelight sharing it with the DSWD in making sure that the spread is controlled and that people would have food on their plates everyday. Short term stops are on its way ...

One of the things that surprise me most is the fact that everyone who has some kind of employment can actually afford a house and lot.  Well, a lot of things like preference, accessibility, community etc will come into play but in terms of affordability, one actually have a choice out there.  Thanks to socialized housing programs, Filipinos who are employed can avail of a house and lot for as little as P2,000 a month through pag-ibig financing.  How cool is that right? However, in most areas where these socialized housing is available, most developers would require a hefty downpayment which is the main hindrance why most forego their purchase.  Most developers ask around 10-20% down payment which is roughly about 50-100k, something that the average Juan may not readily have.   In most cases though, developers stretch the down payment to 12 to even 24 months to pay just to accommodate their budgets.  However, for this market whose jobs are u...