Article Per Year (5 Year)
p-Index From 2021 - 2026
0
P-Index
This Author published in this journals
All Journal Jurnal Ilmiah Mahasiswa FEB
Rahmawati, Okky
Unknown Affiliation
Education

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
ANALISIS DETERMINAN HARGA PROPERTI RESIDENSIAL DI INDONESIA Rahmawati, Okky; SE, Sasongko
Jurnal Ilmiah Mahasiswa FEB Vol. 3 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The main purpose of this study is to analyze the determinants of housing prices in Indonesia. This study examines the dynamic causal relationships between house prices and their six determinants, such  as-  demand for  housing loans,  interest rates  (BI  rate),  GDP,  inflation, prices  of  building materials (IHPB construction), and wages. Used model vector error correction (VECM), the variance decomposition concluded that the price of materials mainly explains the variability in housing prices. In the short term the determinants has no effect, while in the long term the determinants could influence the movement of housing prices which is reflected through the Residential Property price index (IHPR).   Keywords:  Residential Property Prices Index, Mortgages Credit, BI rate, Gross Domestic Bruto, Inflation, Construction Index,Wages, VECM
Co-Authors SE, Sasongko