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Indonesia: Structural obstacles stand in the path of property boom

Posted on 16 May 2011

Indonesia’s property boom is at unprecedented levels, with prices in major cities rising 20 percent or more per year and foreign investors pouring into the market. Unless the government fixes the land laws, though, the vast majority of Indonesians will not enjoy the benefits of the boom, industry players said.
Growing consumer purchasing power has created a new segment in the property market that is expected to grow exponentially in the coming years……………………………………….Full Article: Source

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