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All Journal International Journal of Evaluation and Research in Education (IJERE) Jurnal Keuangan dan Perbankan JAM : Jurnal Aplikasi Manajemen MIX : Jurnal Ilmiah Manajemen Asia-Pacific Management and Business Application Jurnal Riset Manajemen dan Bisnis (JRMB) Fakultas Ekonomi UNIAT International Research Journal of Business Studies (E-Journal) J-Dinamika: Jurnal Pengabdian Kepada Masyarakat MABIS: Manajemen dan Bisnis Jurnal Ilmiah Manajemen Kesatuan Journey : Journal of Tourismpreneurship, Culinary, Hospitality, Convention and Event Management Indonesian Business Review Jurnal Pemberdayaan Masyarakat Indonesia (JPMI) Sewagati DEDIKASI : Jurnal Pengabdian Kepada Masyarakat Economic Development Analysis Journal International Research Journal of Business Studies
Teddy Trilaksono
Universitas Prasetiya Mulya
Arts Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Engineering Environmental Science Languange, Linguistic, Communication & Media Public Health Social Sciences Other

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Journal : Economic Development Analysis Journal

 1 
Supply and Demand Analysis of Indonesia’s Subsidized Housing Program Isti Budhi Setiawati; Teddy Trilaksono; Vanessa Aurelia
Economics Development Analysis Journal Vol 9 No 3 (2020): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v9i3.39016

Abstract

For a large proportion of Indonesian people, owning a home is merely a dream, especially since house prices continue to rise. Consequently, an increasing number of low-income people (MBR) are not able to own their own homes. This has encouraged the Indonesian Government to release the 13th Economic Policy Package, The Million House Program, and several other financing policies to help MBR obtain affordable housing. In this investigation, an analysis is conducted on the supply and demand of MBR housing in Indonesia. Policy development recommendations to decrease the size of the housing backlog are also provided. This research utilizes the panel data method to analyze data from 34 provinces in Indonesia over a period of 5 years, also by gathering primary data with FGD method toward the property business owners and authorized local government whose in charge in subsidized housing policy. The results illustrate that the human population is the sole factor that affects the growing demand for subsidized housing. Possible solutions to accommodate this increase in demand include a building rights title (HGB), like the financing scheme, and the development of flats, rather than individual housing methods.
Co-Authors Adiarta, Hans William Agus Wijaya Soehadi Albert Hasudungan Ambara Purusottama Aprianto, Edwin Ardhito, Muhammad Ari Ardianto Atmaja, Nathasya Raynata Aurelia, Vanessa Bernadinus Yudianto Burhan, Miguel Alejandro Chandra, Cherill Cynthia, Michelle Danang Yudha Prakasa David Hatta, Nicholas Dewi Saraswati Dewi Saraswati, Dewi Eko Ariawan Eko Suhartanto Emmanuel, Debora Fahmi, Tsabita Alia Gandhy, Abel Geovanny, Geovanny Goestiadji, Daniel Jonathan Gunawan, Casssandra Hans William Adiarta Hartanto, Fransisca Tharia Ifa Hanifah Misbach Indrianti, Yasinta Irfan Hary Prasetya Isti Budhi Setiawati Isti Budhi Setiawati Ivan Evander Subagyo Japit, Philbert Jennifer Jessica, Earlene John Iwan Kusno Jonathan, Garren Langi, Jaqueline Aurelia Lingawan, Angelita Liong, Daphine Made Handijaya Dewantara Marchalina, Leonis Muhammad Setiawan Kusmulyono Murniadi, Krishnamurti Nabila, Astria Zahra Nugraha, Dio Nurul Aqilah Binti Muhammad Yusak Prastowo, Gregorius Dimas Hapsoro Prawiradipura, Herdy Jaya Rosdiana Rohi-Mone Sasmoko Sasmoko Sasmoko, Sasmoko Setiawati, Isti Budhi Siahaan, Sapna SRI RAHAYU Sri Widya Wijanarti Stevania Serena Tanuwijaya Stewart Yapto Subagyo, Ivan Evander Suhartanto, Eko suparno, Riyadi Surdiasis, Fransiskus Tanjaya, Katherine Tanuwijaya, Stevania Serena Tjitra, Bernard Tsabita Alia Fahmi Vanessa Aurelia Vania Pradipta Gunawan Vivian, Whitney Wijanarti, Sri Widya Yang Elvi Adelina Yapto, Stewart Yasinta Indrianti Yudianto, Bernadinus Yusak, Nurul Aqilah Binti Muhammad