How much do you know about home ownership in the Philippines?

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Questions and Answers

What is the main concern among Filipinos?

  • Home ownership (correct)
  • Health care
  • Employment
  • Education

Which regulatory board establishes standards for housing projects?

  • Housing and Land Use Regulatory Board (correct)
  • Philippine Housing Authority
  • National Housing Authority
  • Department of Housing and Urban Development

What are the types of economic and socialized housing?

  • Triplex, quadruplex, penthouse
  • Mid-rise, high-rise condominiums
  • Single detached, single attached/duplex, rowhouse (correct)
  • Condominiums, apartments, townhouses

What are the other types of housing?

<p>Condominiums, apartments, townhouses (A)</p> Signup and view all the answers

Which programs offer home financing?

<p>Both A and B (C)</p> Signup and view all the answers

What can PAGIBIG housing loan be used for?

<p>Purchase of a house and lot, townhouse, or condominium unit (C)</p> Signup and view all the answers

What are the other purposes of housing loans?

<p>Purchase of a lot, construction or completion of a residential unit, home improvement, and refinancing (A)</p> Signup and view all the answers

What is the advantage of townhouses?

<p>Provides the comfort of a house and lot plus the convenience of condo living (C)</p> Signup and view all the answers

What are prevalent in urban areas?

<p>Mid-rise and high-rise condominiums (B)</p> Signup and view all the answers

What should homeowners be mindful of in townhouses?

<p>Noise and limitations on home improvements (D)</p> Signup and view all the answers

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Study Notes

  1. Home ownership is a growing concern among Filipinos.
  2. The Housing and Land Use Regulatory Board establishes standards for housing projects.
  3. Economic and socialized housing types include single detached, single attached/duplex, and rowhouse.
  4. Other housing types include condominiums, apartments, townhouses, and triplex.
  5. Home financing programs include PAGIBIG, SSS, GSIS, commercial banks, cooperatives, and NGOs.
  6. PAGIBIG housing loan can be used for various purposes, including purchase of a house and lot, townhouse, or condominium unit.
  7. Housing loan purposes also include purchase of a lot, construction or completion of a residential unit, home improvement, and refinancing.
  8. Townhouses provide the comfort of a house and lot plus the convenience of condo living.
  9. Mid-rise and high-rise condominiums offer different amenities and are prevalent in urban areas.
  10. Homeowners need to be mindful of noise and limitations on home improvements in townhouses.

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