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Housing Development In Papua For Improved Welfare Of The People

Journal: International Journal of Scientific & Technology Research (Vol.5, No. 4)

Publication Date:

Authors : ;

Page : 237-244

Keywords : Housing Development; Public Welfare;

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Abstract

Normatively a housing development in Papua is a need that can not be ignored. The relationship between economic progress with the level of economic progress is bidirectional. On one side of the housing development can stimulate economic growth and development. On the other hand economic growth particularly the growth of per capita income will increase growth in demand for home or place of residence. Theoretically the income elasticity of demand for housing is greater than one. When the economy grew 1 percent then the demand for housing will grow larger than 1 percent. In other words the demand for housing is very sensitive to economic growth. Having regard to the economic development of Papua today then greater attention and seriously to the problem of housing especially housing should have become the governments main agenda of both central and local government of Papua. The issue is whether the real problem of public housing in Papua The answer to this question is very important in order to avoid overlapping of activities and housing policy will only be a waste of resources in Papua

Last modified: 2017-06-11 22:48:50