The Relationship between Macroeconomy and Property Price on Housing Mortgage in Indonesia

@inproceedings{Anastasia2019TheRB,
  title={The Relationship between Macroeconomy and Property Price on Housing Mortgage in Indonesia},
  author={N Isaeva Anastasia and Ferry Diyanto},
  year={2019}
}
The growth of housing mortgage (HM) value displays a flourishing annual trend in line with the number of house purchase using the named credit facility. The amount of HM given by the bank to the buyer is affected by macroeconomic condition. The high inflation rate causes the peoples buying power to weaken and triggers the interest rate to drop. Buyer receives benefit in a condition of reduced HM cost, as well as in the contrary condition, causing the proportion of HM to go up. This research… CONTINUE READING