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View all search resultsAlmost one billion people around the world fear losing their homes or land within five years, with owners and tenants in Burkina Faso and the Philippines the most concerned, a survey of 140 nations showed on Wednesday.
The easing of coronavirus lockdowns in cities around the world could lead to a rise in evictions of slum dwellers, housing experts warned on Wednesday, with healthcare workers and migrants also facing difficulties finding homes.
The smart home concept has become a recent trend in Greater Jakarta as property developers are eager to lure customers amid a sluggish property market. Such a concept is deemed suitable for urban residents as they seek a more convenient and improved quality way of living amid the hustle and bustle of the capital.
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.
Ironically, an estimated 60 percent of Jakarta's civil servants are unable to afford to live in the city they serve. They cannot even vote for the governor for which they work. They are pushed, as with countless others, by market forces to live on the fringes: Bogor, Depok and Bekasi in West Java and Tangerang in Banten. This results in a disastrous urban sprawl that gobbles up otherwise productive agricultural land and energy-draining commutes.
Subsidies have been fundamental instruments to provide basic needs, especially for goods and services essential for the dignity and productivity of a society. A subsidy for providing a roof over everyone’s head is even more fundamental and urgent. Housing rights are attached to many other rights. #opinion
Fiscal stabilization involves a response to GDP fluctuations that can be automatic or not. Non-automatic responses include discretionary actions that occur when policymakers take deliberate measures to offset shocks to economic activity.
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