LET’S BUILD SOCIALIZED DORMITORIES

Dormitories must really be good business, because I see many of them being built all over Metro Manila. Unlike the condos that are for sale, dorms are for rent, therefore it is the more affordable alternative. There is still a problem however, because the rental of beds in these dorms are priced so high such that only white-collar workers could afford them. I have a soft spot for dorms in my heart, because I stayed in campus dorms for most of my college days. The facilities are far from luxurious, but it’s good enough for students who do not have much to spend, including the food that is so “average”, because it is cheap. I have the same idea for socialized dorms for blue collar workers, with food prices that they could afford. I think it would be a good idea for the LGUs to build these dorms as a business. These could be a good source of cash flow for them, aside from solving the housing shortages in their own jurisdictions. Mr. Jorge Malig, a Filipino businessman has already built many of these “worker’s dorms” using prefab components and repurposed container vans. All over the country, there are many progressive businessmen like Mr. Malig who are ready and willing to go into public-private partnerships (PPP) with LGUs, to build public housing in the form of condos, apartments and dorms. The PPP partners would even be more interested if the LGUs could provide the land where these projects could be built. Of course, they still have to look into the ROI. IKE SENERES/09088877282/1-1-2024