JAKARTA – Some experts predict that the property market is growing slowly in 2017. This is due to global and national economic conditions are not improved and people’s purchasing power to stagnate.
Vice President Chief Economist of Bank Mandiri Dendi Ramdani, said that, during the 2016 Indonesian macro economic conditions have not improved fully from the slump a year earlier. Meanwhile, said Dendi, fiscal policy has a direct impact on the property sector which is the benchmark reference rate and remission of taxes (tax amnesty).
“Repo rate is down a few months ago. Unfortunately, based on historical data, its impact can feels after the next 6-9 months, “said Dendi in Jakarta, recently.
Meanwhile, Dendi said that although there are no signs of economic growth in this year, but consumer confidence (consimer confidence) to buy property not decreases. It also will berpengarun on purchasing power.
“If they believe the economy will improve, they will spend the money on the property although there are still some global risk,” he said.
Consumer Director of PT Bank BTN (BTN) Handayani, said that in the past year, banks are recovering assets, is also preparing a credit product (mortgage) which can help people to have a shelter.
Although the economic situation has not improved, said Handayani, but people still love this type of real sector investments such as property.
“In addition, the share of the housing market still has potential, mainly due to a backlog still big,” he said.
Laila Ramdhini / EDO
Investor Daily
beritasatu.com
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