₱3 Million Today May Not Build the Same House Years From Now For many lot owners in Cagayan de Oro, ₱3 million may feel like a solid starting budget for a house. But one important reality remains: The same ₱3 million may not build the same house several years from now. Why? Because construction costs move. Materials move. Labor moves. Transportation moves. Finishing costs move. And as inflation affects the wider economy, your construction budget may lose purchasing power over