Many real estate development or marketing companies
segregate housing units as follows.
(in million pesos)
Socialized
|
Economic
|
Low-cost
|
Medium-cost
|
Open-market
|
0.45
and below
|
0.45
~ P1.25
|
1.25
~ 3
|
3
~ 4
|
Above
4
|
The backlog is likely to balloon to almost 6.3 million
households in the socialized (1.6 million), economic (2.6 million) and low-cost
(0.6 million) segments, including the households that will not be able to
qualify for financing the purchase of housing units (1.5 million).