Thu Jul 8 WIB (4 months ago)
In your timezone (EDT): Thu Jul 8 12:00am - Thu Jul 8 1:30am
The ability of Jakarta's middle class to afford housing is often overlooked. The city government's housing assistance has mostly been targeted to help low-income groups. In a functioning system, the middle class is served by market mechanism. In the case of Jakarta, the crisis of middle-class housing is so acute, millions of middle-class people have not been able to fulfil their basic need for proper housing in the city.
The event aims to highlight the economic and social impact of the flight of the middle class (millennials, young families, etc.) from the city on the urban environment by exploring best practices and lessons from other cities: land use, spatial planning, financial schemes, rental vs ownership.
Chairman of the Jakarta Property Institute, Managing Director of Ciputra Group
Dr Richard K. Green
Director, and Lusk Chair in Real Estate, University of Southern California Lusk Center for Real Estate
Director (Policy and Property), Housing & Development Board
Executive Director, Jakarta Property Institute
Blake G Olafson
Founding Partner, Asia Capital Real Estate Management
Teng Chye Khoo
Incoming Chairman, ULI Asia Pacific