This Policy Note examines the changing dynamics of household formation in the Philippines. It observes that the number of new households has slowed due to falling fertility rates, an aging population, and limited access to affordable housing. Despite a growing preference for living alone, the percentage of extended and multifamily households has increased significantly. These patterns suggest that the housing market influences household structures and rural-to-urban migration. Finally, the study notes that households led by the elderly are increasingly supporting homeownership for a growing population, highlighting the need to investigate intergenerational housing further and its impact on the elderly and the broader housing market.
