Public Policy and Financial Regulation in Housing Sector (Case Study: One Million Houses and KPR FLPP)

Abstract

During Jokowi’s tenure, a lot of programs and policies that focusing on housing sector were built by
him. Package of Economic Policy XIII is one of many policy’s package that Jokowi develop for
managed housing of people who have low income (MBR) with target that chosen is built one
million houses. The lack of availability of housing for low-income people, is one of the reasons for
the policy package. In this research, author used qualitative method to analyst the phenomenon. The
results of this study are the high rate of housing backlogs, the difficulty of obtaining housing at
affordable prices, and discussing KPR schemes in Indonesia. The existence of these government
programs does not significantly eliminate the phenomenon of housing a backlog. In addition, the
existence of the program must be accompanied by high supervision from the government and
accompanied by laws that bind violators.