Majority of households in the Ilocos Region live in housing units/lots they owned

Out of the 1,306,170 households in the Ilocos Region in 2020, 934,807 own or have owner-like possession of the house and lot they occupy. Another 29,172 households comprised homeowners who rent the lot their houses stand on. Meanwhile, 208,392 households own their houses in rent-free lot with the owner’s consent. There were also 13,039 households who own their houses in a rent-free lot without consent of the owner. (Figure 1).

There were 37,494 households who reported renting both the house and lot they occupied. Moreover, 81,861 households lived in rent-free housing units and lots with the owner's consent, while 1,096 households occupied rent-free house and lot without consent of the owner. Lastly, 308 households did not report the tenure status of their housing units/lots.
 

Most owner-households in the Ilocos Region occupy inherited housing unit

There are 1,185,411 households in the Ilocos Region who owned/amortized the housing units they occupied. About 64.04 percent of these households reported that they acquired their housing units through inheritance. Additionally, 31,228 households received their housing units as gifts, while 2,749 households secured housing units as company benefits. Moreover, 351,387 households purchased the housing units they occupied. (Figure 2)

There were 29,869 households who reported other mode of acquisition, while 11,096 households did not report the mode of acquisition for their housing units. (Figure 2)

Majority of owner-households in the Ilocos Region occupy housing units that were purchased through own resources/interest-free loans from relatives and friends

Among the 351,387 households who purchased their housing unit, 326,129 used their own resources or interest-free loans from relatives/friends. Meanwhile, 16,089 owner-occupied households tapped into government assistance programs through Pagtutulungan sa kinabukasan: Ikaw, Bangko, Industriya at Gobyerno (Pag-IBIG), Government Service Insurance System (GSIS), Social Security System (SSS), Land Bank of the Philippines (LBP), and others. There were 17,427 who acquired their housing units through private banks, 5,898

Twenty-nine percent of the renter-households in the Ilocos Region rent P2,000 to P4,000 per month

The total number of renter-households in the Ilocos Region in 2020 was 37,494. The largest segment, consisting of 11,030 households, paid monthly rentals spanning from PhP2,001 to PhP4,000. There were 5,756 renter-households who paid PhP4001 to PhP6,000, and 3,505 households paid monthly rental over P6,000. On the other hand, 5,138 renter-households paid monthly rental of PhP1,501 to Php2,000, while 5,206 renter-households paid Php1,001 to PhP1,500 per month. A total of 5,892 households paid monthly rental of Php1,000 and below. There were 968 renter-households who did not report the monthly rental of the housing unit that they occupied. (Figure 4)

SGD. ATTY. SHEILA O. DE GUZMAN, CPA
Regional Director, RSSO I