Paying rent in Cebu and Manila has become less affordable since 2017, making them one of Asia’s worst cities for renting.
In 2017, locals in Cebu typically set aside 114% of their average monthly salary after tax to afford a one-bedroom apartment in the city.
But according to a report released Friday by Online Mortgage Advisor, a UK-based mortgage company, Cebuanos would have to earmark 182% of their monthly income to pay rent in the city in 2021.....
More https://bit.ly/3PJasd3
Via philstar.com