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E-Jurnal Prasetiya Mandiri Lampung School Of Business BUBBLE DAN BURST PASAR REAL ESTAT: KAJIAN LITERATUR

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Title JURNAL GEMA EKONOMI
Edition Vol. 2 No. 2 Agustus 2012
Call Number 9772087432456
ISBN/ISSN 2087-4324
Author(s) Komang Tri Werthi
Yunia Amelia
Ninuk Dwi Kesumaningrum
Vitratin
Suraya Murcitaningrum
Andri Winata
Subject(s)
Classification
Series Title Vol. 2 No. 2
GMD Jurnal
Language Indonesia
Publisher LPPM STIE PRASETIYA MANDIRI LAMPUNG
Publishing Year 2012
Publishing Place Bandar Lampung
Collation Mitra Bebestari
Abstract/Notes
Specific Detail Info Vol. 3 No. 2 Agustus 2013
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  • BUBBLE DAN BURST PASAR REAL ESTAT: KAJIAN LITERATUR
    Real estate bubble and burst is phenomenon that has captured the attention of researchers for quite a long time, especially in the property market price. It is closely associated with real estate cycles that have some macroecono-mic impacts on the economy of a country. The main goal of this study is to conduct a theoretical review of real estate market bubble and burst. To fulfil the goal, in this study discussed the relationship between bubble & burst and real estate cycle and the factors affecting bubble and burst. In this study relationship between bubble & burst and real estate cycle was elaborated. In addition, there were linkages between the cycles of the real estate market price movements with a history of important events. There were five factors suspected as the cause of the bubble and burst in the real estate market prices. Those factors were the capital working and credit markets, structural changes in the economy, macroeconomic situation, incentives of actors, and beliefs and expectations.

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