Tugas B.inggris 2 (Softskill)
Muthia Ratuzzahrah 1EA35 17214658 BI Policy Hampers Property Sector Growth TEMPO.CO, Jakarta – Eddy Hussi, chairman of the Real Estate Indonesia Association (REI), said that property sector growth in the first semester of 2014 had slowed down to by 10 to 15 percent compared to the same period last year. He said that high Loan to Value (LTV) interest rate determined by Bank Indonesia (BI) is one of the causes of the property sales weakening . Unstable rupiah exchange rate and presidential election contributed to the slowdown. “ Less demand is make a little development , but no project has been stopped ,” said Eddy. With the end of presidential election, Eddy predicted that the property sector will continue to growth in the second semester . However, he is still waiting for the new government’s policy before determining growth target . “ We are thankful that the presidential election run smoothly , but we will see the next government’s policy ,” he sa...