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Jakarta Post

Uncharted crisis of middle-class housing

  • Issa SI Tafridj

Jakarta   /   Thu, January 23 2020   /  01:35 am
Housing crisis: Houses and apartments sprawl across Thamrin in Central Jakarta. Because of overpriced housing in the downtown area, millions of middle class people are forced to live in the suburbs or rent a house or apartment close to their workplaces. (JP/Donny Fernando)(JP/Donny Fernando)

Housing crisis: Houses and apartments sprawl across Thamrin in Central Jakarta. Because of overpriced housing in the downtown area, millions of middle class people are forced to live in the suburbs or rent a house or apartment close to their workplaces. (JP/Donny Fernando)For a group of people who have been dubbed the driving force of Indonesia’s economy, it is deeply ironic that the middle class in Indonesia have not been able to fulfil their own basic need for proper housing. Too poor to own commercial housing yet too wealthy to apply for government subsidies, the middle class are left in limbo.President Joko “Jokowi” Widodo suggested during the 2019 national meeting of the Indonesian Young Entrepreneurs Association (Hipmi) last September that the nation’s middle class would double in number by 2020, reaching approximately 140 million people. Although businesses seemed to welco...