Becoming a home owner may seem like easy money, but you need to familiarize yourself with finance arrangements, construction, and your target market. With the country’s population increasing and the loss of thousands of homes to natural calamities, there currently exists an explosive housing deficit. According to the latest Subdivision and Housing Developers Association, Inc. (SHDA) statistics, the backlog currently stands at around approximately 4 million units and could rise to 7 million units in 2030 if the same trend continues.
