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The Pescadero Perspective

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news Scmp World 2026-04-12

Philippines faces highest housing affordability struggle globally

A new Gallup survey found that residents in the Philippines report the highest difficulty affording shelter worldwide. Fifty-five percent stated they struggled to pay for housing within the past year.


Hong Kong and Singapore routinely top global rankings of unaffordable cities. Yet it is the residents of Manila, Colombo and Yangon who are far more likely to tell pollsters they cannot afford shelter. The Philippines recorded the world’s highest share of people reporting difficulty affording housing in a new survey from US-based firm Gallup, with 55 per cent saying they had struggled to pay for shelter in the past 12 months. Sri Lanka followed at 54 per cent, Myanmar at 49 per cent and Thailand...

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