KPR market share still low so DP reason can 0%

Bisnis.com JAKARTA – The contribution of home ownership (mortgage) to gross domestic product is still very low. In fact, the sector is in contact with 174 other industries, which should boost consumer demand.

The real estate loans segment, especially mortgages or mortgages, could grow more aggressively.

The chief of macro-prudential policy department of Indonesian bank Fillianingsih Hendarta said that the central bank's decision to relax its loan, the rules of which will be formally promulgated on August 1, 2018, is an attempt to stimulate the economy. national economy.

"Because there are 174 industries related to the property." The easing of LTV 2018 we are trying to push the economy through the growth of home loans.We are evaluating this line of credit [KPR] which still has the potential to be developed, "he said in Jakarta on Thursday (12/7).

The potential mentioned by BI reports a relatively low mortgage / GDP ratio of 2.9% over the past year. Meanwhile, mortgage growth in March this year is the highest after the Philippines with a value of 32.3 million US dollars.

The central bank mentions the mortgage financing cycle in the country did not reach its peak. Based on the BI badysis with a short-term cyclical approach, the I / 2018 quarterly real estate financing cycle is in the acceleration phase that has not reached the peak.

Fillianingsih said, BI badumes that home loans remain potential also by considering three things a.l. the offer, the request and the developer. In addition, the capacity of the debtor is also quite good.

"This property has a huge multiplier effect on economic growth, so we need to adjust our macroprudential policy by relaxing the LTV by taking into account the prudential and consumer protection aspects," he said. [19659003] The LTV relaxation campaign will be launched next month and will be the fifth BI policy linked to the same issue.The macro-regulatory policy on LTV in 2012 continues to establish a multi-level LTV ratio in 2013 then in 2015 and 2016.

Thanks to BI's LTV relaxation policy, the speech about the 0% mortgage loan program is hotly debated, and to benefit from this loan, the bank has a GNP of less than 5% and Gross GNP less than 5%.