The Rise, Fall, and Return of the Public Option in Housing Finance

2012 ◽  
Author(s):  
Adam J. Levitin ◽  
Susan M. Wachter
Keyword(s):  
Housing Finance ◽  
The Public

scholarly journals TABUNGAN PERUMAHAN RAKYAT (TAPERA) DAN PENERAPANNYA DI DKI JAKARTA

2020 ◽  
Vol 3 (2) ◽  
pp. 321
Author(s):  
Henriko Ganesha Putra ◽  
Erwin Fahmi ◽  
Kemal Taruc
Keyword(s):  
Low Income ◽  
Central Government ◽  
Provincial Government ◽  
Housing Finance ◽  
Retirement Savings ◽  
Important Lesson ◽  
The Public ◽  
Modeling Analysis ◽  
The Republic

Occupancy is a basic need of every human being. As mandated by the 1945 Constitution, the State guarantees the fulfillment of citizens' needs for decent and affordable dwellings in the framework of developing Indonesian people who are wholly, self-conscious, independent and productive. The Public Housing Savings (Tapera) in accordance with Law of the Republic of Indonesia number 4 of 2016, is a long-term fund storage program that is used for housing finance, especially for Low-Income Communities (MBR). BAPERTARUM-PNS is an important lesson on how the goals of the housing savings are not utilized as retirement savings by most participants. The problem with this study is whether Tapera can be a solution for MBR in reaching funding for housing or repeating the failure of the BAPERTARUM-PNS program. Data collection from the Central Government, BP Tapera, and the Provincial Government of DKI Jakarta will be analyzed in the form of modeling of potential national and regional participation in and utilization of Tapera in DKI Jakarta Province. The results of the modeling analysis indicate a gap between Tapera's policies and people's expectations of a housing finance affordability solution for the MBR. AbstrakHunian merupakan kebutuhan dasar setiap manusia. Sebagaimana amanat UUD 1945, Negara menjamin pemenuhan kebutuhan warga negara atas tempat tinggal yang layak dan terjangkau dalam rangka membangun manusia Indonesia seutuhnya, berjati diri, mandiri, dan produktif. Tabungan Perumahan Rakyat (Tapera) sesuai Undang-Undang Republik Indonesia nomor 4 tahun 2016, merupakan program penyimpanan dana jangka panjang yang dimanfaatkan untuk pembiayaan perumahan, terutama bagi Masyarakat Berpenghasilan Rendah (MBR). BAPERTARUM-PNS menjadi pelajaran penting bagaimana ketidakberhasilan tujuan dari tabungan perumahan yang dimanfaatkan sebagai tabungan pensiun oleh sebagian besar peserta. Permasalahan dari studi ini adalah apakah Tapera dapat menjadi solusi bagi MBR dalam menjangkau pembiayaan untuk memperoleh hunian atau mengulangi ketidakberhasilan program BAPERTARUM-PNS. Pengumpulan data dari Pemerintah Pusat, BP Tapera, dan Pemerintah Provinsi DKI Jakarta akan dianalisis dalam bentuk Pemodelan potensi kepesertaan dan dana pemanfaatan Tapera secara nasional maupun regional di Provinsi DKI Jakarta. Hasil dari analisis pemodelan tersebut mengindikasikan adanya celah (gap) antara kebijakan Tapera dan harapan masyarakat akan hadirnya solusi keterjangkauan pembiayaan hunian bagi MBR. 

The Mortgage Mess, the Press, and the Politics of Inattention

2014 ◽  
Vol 104 (5) ◽  
pp. 77-81 ◽  
Author(s):  
Andrew Caplin ◽  
Roy Lowrance
Keyword(s):  
Safety Culture ◽  
Housing Finance ◽  
Proximate Cause ◽  
The Public ◽  
Past Behavior ◽  
The Press ◽  
Ongoing Behavior ◽  
Expert Analysis ◽  
Richard Feynman ◽  
Policy Problems

In reviewing the Challenger tragedy, Richard Feynman identified a flawed O-Ring as the proximate cause and NASA's flawed safety culture as a deeper cause. There has been no similar investigation of the mortgage mess, which has been baptized rather than understood. In part, this is due to committed ideological views in the public and press that eliminate the call for expert analysis and reform. Broader and deeper policy problems are identified and illustrated using NASA's past behavior and FHA's ongoing behavior. The Columbia tragedy sounds an ominous warning on the future stability of housing finance markets.

scholarly journals IMPLIKASI MUSYARAKAH MUTANAQISAH DALAM PERBANKAN SYARIAH

2021 ◽  
Author(s):  
Muhammad Faqih ◽  
Rachmad Risqy Kurniawan
Keyword(s):  
Home Ownership ◽  
Housing Finance ◽  
Islamic Banking ◽  
The Public ◽  
Great Demand

The development of Islamic Banking encourages the development of the products in it. One of the Islamic banking products that are in great demand by the public is a housing finance product known as the Sharia Home Ownership Partnership (KPRS

scholarly journals Implication of Musyarakah Mutanaqisah Contract of Syariah Banking (Study of Opportunities and Risks at Bank Mu’amalat, Manado Branch)

2019 ◽  
Vol 3 (2) ◽  
Author(s):  
Rahmawaty Rahmawaty
Keyword(s):  
Home Ownership ◽  
Housing Finance ◽  
High Demand ◽  
The Public ◽  
Business Units ◽  
Circular Letter

AbstractThe growing of Sharia Banking has also encouraged the development of its products. One of the sharia banking products that in high demand by the public is housing finance products known as the kongsi pemilikan rumah syari`ah (KPRS). In its implementation, there are differences in some sharia banks; some use the murabahah and other use musyarakah mutanaqishah contracts. In 2008, the National Sharia Council issued a fatwa regarding the musyarakah mutanaqisah contract in financing home ownership. However, the contract was still not implemented by all Sharia banking. In 2012, Bank Indonesia issued a circular letter to all Sharia Banks and Sharia Business Units which further legitimized the application of the musyarakah mutanaqisah contract in sharia banking. Contracts of Musyarakah mutanaqisah in KPR products will facilitate customers in financing the KPR. The advantages of the musyarakah mutanaqisah contract for customers are the more extended financing periods and relatively cheaper installments.Keywords: Mutaqisah Musyarakah contract, Home Ownership Financing.

scholarly journals PROSEDUR PELUNASAN KREDIT DAN PENGAMBILAN DOKUMEN AGUNAN DI BANK TABUNGAN NEGARA CABANG PADANG

2020 ◽  
Author(s):  
Sony Richardo Defrizon ◽  
Elva Dona
Keyword(s):  
Qualitative Method ◽  
Home Ownership ◽  
Problem Formulation ◽  
Document Retrieval ◽  
Housing Finance ◽  
Mortgage Loan ◽  
Mortgage Loans ◽  
The Public ◽  
Home Sales ◽  
A Company

PT. Bank Tabungan Negara Tbk is one of the companies that provide several products, one of which is Home Ownership Credit or more known as Mortgage Loan. To make it easier for customers to get Mortgage Loans a PT.Bank Tabungan Negara. In the process of collecting and collecting collateral documents at PT. Bank Tabungan Negara Branch of Padang does not complicate the customer in performing Repayment and Collateral Document Taking, even the customer only takes the time specified by the Bank in its repayment takes only 1 day and collateral document collecting that is 3 days can bring Document Collateral. Problem formulation in this research is how procedure of credit repayment and collateral document collecting at PT. Bank Tabungan Negara, and research conducted with purpose to know procedure of credit repayment and collateral document collecting at PT. Bank Tabungan Negara of Padang Branch. The method used in this research is qualitative method. PT. Bank Tabungan Negara is not a company engaged in home sales, but BTN Bank provides convenience to the public, especially padang city in housing finance, the authors also can understand the procedure of credit repayment and document retrieval procedures are very well detailed.

scholarly journals IMPLIKASI MUSYARAKAH MUTANAQISAH DALAM PERBANKAN SYARIAH

2021 ◽  
Author(s):  
Muhammad Faqih ◽  
Rachmad Risqy Kurniawan
Keyword(s):  
Home Ownership ◽  
Housing Finance ◽  
Islamic Banking ◽  
The Public ◽  
Great Demand

The development of Islamic Banking encourages the development of the products in it. One of the Islamic banking products that are in great demand by the public is a housing finance product known as the Sharia Home Ownership Partnership (KPRS).

Replications can cause distorted belief in scientific progress

2018 ◽  
Vol 41 ◽  
Author(s):  
Michał Białek
Keyword(s):  
Real World ◽  
Scientific Progress ◽  
The Public ◽  
Psychological Science

AbstractIf we want psychological science to have a meaningful real-world impact, it has to be trusted by the public. Scientific progress is noisy; accordingly, replications sometimes fail even for true findings. We need to communicate the acceptability of uncertainty to the public and our peers, to prevent psychology from being perceived as having nothing to say about reality.

Hospitals: N.Y. Appellate Court Denies Move to Privatize Public Hospital

1999 ◽  
Vol 27 (2) ◽  
pp. 202-203
Author(s):  
Robert Chatham
Keyword(s):  
New York ◽  
New York City ◽  
York City ◽  
Public Health System ◽  
Municipal Hospital ◽  
The Public ◽  
Public Benefit ◽  
For Profit ◽  
Benefit Corporation ◽  
The City

The Court of Appeals of New York held, in Council of the City of New York u. Giuliani, slip op. 02634, 1999 WL 179257 (N.Y. Mar. 30, 1999), that New York City may not privatize a public city hospital without state statutory authorization. The court found invalid a sublease of a municipal hospital operated by a public benefit corporation to a private, for-profit entity. The court reasoned that the controlling statute prescribed the operation of a municipal hospital as a government function that must be fulfilled by the public benefit corporation as long as it exists, and nothing short of legislative action could put an end to the corporation's existence.In 1969, the New York State legislature enacted the Health and Hospitals Corporation Act (HHCA), establishing the New York City Health and Hospitals Corporation (HHC) as an attempt to improve the New York City public health system. Thirty years later, on a renewed perception that the public health system was once again lacking, the city administration approved a sublease of Coney Island Hospital from HHC to PHS New York, Inc. (PHS), a private, for-profit entity.

Democrazy—Dem Go Craze, O: Monitoring the 1999 Nigerian Elections

1999 ◽  
Vol 27 (1) ◽  
pp. 29-33
Author(s):  
Darren Kew
Keyword(s):  
Transition Program ◽  
The Political ◽  
High Stakes ◽  
Political Class ◽  
Soccer Match ◽  
The Public ◽  
The Military

In many respects, the least important part of the 1999 elections were the elections themselves. From the beginning of General Abdusalam Abubakar’s transition program in mid-1998, most Nigerians who were not part of the wealthy “political class” of elites—which is to say, most Nigerians— adopted their usual politically savvy perspective of siddon look (sit and look). They waited with cautious optimism to see what sort of new arrangement the military would allow the civilian politicians to struggle over, and what in turn the civilians would offer the public. No one had any illusions that anything but high-stakes bargaining within the military and the political class would determine the structures of power in the civilian government. Elections would influence this process to the extent that the crowd influences a soccer match.

Sign in / Sign up

Export Citation Format

Share Document