Income Distribution Commons^™

The Effect Of Remittances On Housing Expenditure In Filipino Households, Joaquin Franco Rigonan, Angelo Salvo, Lawrence B. Dacuycuy, Tereso S. Tullao Jr, Winfred Villamil, Krista Yu

Angelo King Institute for Economic and Business Studies (AKI)

Overseas Filipino Workers (OFWs) have chosen to work abroad due to the abundance of better work opportunities and a higher salary earned. Migrant workers send remittances to their families from their country of origin to bring extra income for these households to spend on essential consumption. These remittances serve as additional income and protection for recipient households, easing their consumption and enabling them to spend their money on education, housing construction, and household electrical appliances. Numerous existing literature has stated that household-receiving remittances spend more money on investments that will help improve their standard of living; one of these investments …