<![CDATA[This study analyses the factors that influence property prices in Indonesia using secondary data from 2008QIII to 2021QII and the Ordinary Least Square (OLS) analysis technique. The study re-sults show that inflation and lending rates have a negative and significant effect on property prices. Economic growth has a positive but insignificant effect, while exchange rates and Loan to Value (LTV) have a positive and significant effect on property prices. The findings suggest that LTV can be used as a tool to control credit growth. An increase in LTV ratio accelerates property credit growth, while a decrease in LTV ratio can slow down credit growth. The recommendation of this study is for the monetary authority to ensure the right time to implement LTV policy in Indonesia.]]>
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