INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE (INJOLE)
Vol. 2 No. 12 (2025): SEPTEMBER

ECONOMIC ANALYSIS OF LAND SPECULATION AND ITS IMPACT ON LAND VALUE INFLATION: THE ROLE OF ILLEGAL ACTORS IN LAND RIGHTS TRANSFER MANIPULATION

Sendi Sanjaya (Doctoral Student Faculty of Law Universitas 17 Agustus 1945 Jakarta)
Gunawan Widjaja (Senior Lecturer Faculty of Law Universitas 17 Agustus 1945 Jakarta 1945)



Article Info

Publish Date
01 Sep 2025

Abstract

Land speculation is one of the economic activities that has the potential to cause significant land value inflation. This activity not only disrupts the balance of the land market but also has negative socio-economic impacts on society and development. In this context, the role of illegal actors becomes crucial as they often manipulate the land rights transfer process through illegal means, such as document forgery and illicit transactions, which contribute to artificial increases in land prices. This study employs a literature review. The analysis results indicate that land rights manipulation by illegal actors exacerbates inequality in land ownership and increases price instability in the land market. Therefore, strict policy interventions and effective oversight are necessary to prevent harmful speculative activities and protect the rights of communities to land.

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Journal Info

Abbrev

INJOLE

Publisher

Subject

Description

INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE (INJOLE) is a scientific journal that publishes articles in the Business field includes conceptual ideas in the fields of Economics, Accounting, Management, business. The scopes are Human Resource Management, Marketing Management, Financial Management, ...