*CHIZ EYES INTEGRATION OF UNSOLD CONDO UNITS INTO STATE HOUSING PROGRAM*
*CHIZ EYES INTEGRATION OF UNSOLD CONDO UNITS INTO STATE HOUSING PROGRAM* Senator Francis “Chiz” Escudero is pushing to bring thousands of unsold condominium units into the government’s housing program, saying that existing real estate inventory should be tapped as part of broader efforts to make decent and affordable housing more accessible to Filipinos. Escudero brought up the proposal during his Chiz Wiz! podcast over the weekend, where he was joined by Department of Human Settlements and Urban Development (DHSUD) Undersecretary Marisol Anenias and Colliers Philippines Research Director Joey Roi Bondoc, who cited an estimated 80,000 unsold condominium units in the National Capital Region alone, many of which were originally intended for the Philippine offshore gaming operator market. Describing it as a “housing paradox,” the veteran legislator noted that while thousands of condominium units remain unoccupied, millions of Filipinos continue to face a housing backlog, ...