(Similarity) Boosting Homeownership Affordability for Low-Income Communities in Indonesia

Satoto, Eko Budi (2023) (Similarity) Boosting Homeownership Affordability for Low-Income Communities in Indonesia. International Information And Engineering Technology Association (IIETA).

Text c.1.1. Boosting Homeownership Affordability for Low-Income Communities in Indonesia.pdf.pdf Download (1MB)

Abstract

This study aims to determine the effect of inflation, regional minimum wages, and subsidized
housing costs on the purchasing power of low-income communities needing to own a home as
an intervening variable. This study uses the Structural Equation Modeling (SEM) method to
analyze the data from the districts of East Java, Indonesia. Broadly speaking, this study found
that the higher the need to own a home, the higher the purchasing power of Low-Income
Communities because the population is increasing, so the need to own a place to live is also
directly proportional. The practical implication of this study is that it can contribute useful
information relating to the effect of inflation, regional minimum wages, and subsidized house
prices on the purchasing power of low-income communities with a need to own a house as an
intervening variable. Therefore, the government needs to control the impact caused by inflation
in the form of rising bank interest rates by subsidizing it so that it remains stable. In the future,
the government should include housing allowances in the minimum wage component. The
government should not only subsidize house prices, but also production costs, so that the price
of subsidized houses remains stable.

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Item Type:	Peer Review
Keywords/Kata Kunci:	inflation, regional minimum wages, costs of subsidized housing, a need to own a home, purchasing power of low-income communities
Subjects:	600 Technology and Applied Science > 650 Business > 658 General Management
Divisions:	Faculty of Economics > Department of Management (S1)
Depositing User:	Eko Budi Satoto | ekobudisatoto@gmail.com
Date Deposited:	27 Nov 2023 06:42
Last Modified:	27 Nov 2023 06:42
URI:	http://repository.unmuhjember.ac.id/id/eprint/20527

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