Jakarta, CNBC Indonesia – General Chair of Indonesian Real Estate (REI) Joko Suranto said that ownership of a livable house or decent residence is an indicator of prosperity. In fact, he said, it could play a role in reducing stunting rates in Indonesia.
This was the basis for REI to create the propertynomic paradigm.
Where, property is seen as a sector involving 185 industrial subsectors, more than 7 million workers, and is one of the levers of the Indonesian economy. By prioritizing policies on the property economic paradigm, he said, the real estate or housing sector in Indonesia will also be able to encourage increased income for people who are currently still part of the group that cannot afford to own a house.
Therefore, he continued, there must be collaboration between the government and banks as well as financial institutions, so that lower middle class groups can easily access home ownership financing. Because, according to Joko, the housing backlog data in Indonesia, which is currently still around 12.7 million, is mostly in the lower middle class.
“Having a livable house or decent housing is an indicator of prosperity. And, the best education is done at home. This can be done if you have a house,” he said in a special interview with CNBC Indonesia, Wednesday (7/2/2024).
“And, BKKBN has also stated that one of the solutions to overcome stunting is to have decent housing,” added Joko.
If the government then focuses more on paying attention to the housing or property industry in the country, one of which is through the APBN, by integrating integrated housing industry development planning, it will be a constructive solution for the Indonesian economy. Which then impacts and moves 185 industrial subsectors.
“And this will heat up the industry, not the property, but the glass, iron and other industries,” concluded Joko.
[Gambas:Video CNBC]
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