In the Philippines, formalizing home ownership was until recently a 168-step process involving fifty-three public and private agencies and taking between thirteen and twenty-five years.

πŸ“– Niall Ferguson

🌍 British  |  πŸ‘¨β€πŸ’Ό Historian

πŸŽ‚ April 18, 1964
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In the Philippines, the process of formalizing home ownership has historically been burdensome, requiring a staggering 168 steps. This extensive procedure involved the coordination of fifty-three different public and private agencies, making it a complex and lengthy endeavor.

The duration for this process varied significantly, often taking anywhere from thirteen to twenty-five years to complete. Such inefficiency highlights the challenges faced by individuals seeking to secure property rights in the country, reflecting broader issues in property ownership and bureaucratic procedures.

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February 04, 2025

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