Waiting for an Interest Rate Infusion
Tuesday, May 12, 2009
Six times consecutively over the past six months, Indonesia’s central bank, Bank Indonesia (BI), reduced the reference interest rate, known as the BI Rate. But the banking industry does not respond to this policy by reducing interest rates. The property market will rise again in the second half of the year.
arsip tempo : 172848674925.
RESOURCEFUL Yani has already owned more than one home. And this year she has to move again. She has already visited several property exhibitions but has not yet found her ideal home—one costing in the region of Rp150 million. The target of this mother of one child in fact is not an unrealistic one. “In the suburbs of Jakarta would be OK,” said the 30-year-old.
Yani did not miss out on visiting the Real Estate Indonesia (REI) 2009 Exhibitio
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