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EFFECT OF FINANCIAL ABILITY OF FIRST-TIME HOME BUYERS ON HOUSE PRICES WITH PARENTAL FINANCIAL ASSISTANCE

HARYONO, ALVIN JANUAR and Anastasia, Njo and Rahardjo, Jani (2019) EFFECT OF FINANCIAL ABILITY OF FIRST-TIME HOME BUYERS ON HOUSE PRICES WITH PARENTAL FINANCIAL ASSISTANCE. [UNSPECIFIED]

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      Abstract

      The house is one of the primary needs. Buying a home is one of the important decisions in a household because it has a large value and is the biggest value in a familys asset portfolio. But financial limitations become one of the obstacles in a family to buy a house. Therefore the need for financial assistance from parents for the first time buying a home for their children. So this study aims to determine the involvement of parents in the process of funding their first-time home purchase and how much influence the financial assistance of parents to their children in first-time buying a home. The results of this study indicate that parents are involved in first-time home purchases for their children according to their income and the form of assistance provided. From 212 respondents, the majority of which is as much as 72.2% of parents involved in the first-time home funding process for their children. The average contribution of parents financial assistance was 44.4% of the price of the house.

      Item Type: UNSPECIFIED
      Additional Information: Terlambat diupload karena baru diinfo dari Program Teknik Sipil
      Uncontrolled Keywords: financial ability; first-time home buyer, financial assistance
      Subjects: H Social Sciences > HG Finance
      Divisions: Faculty of Economic > Finance Management Program
      Depositing User: Admin
      Date Deposited: 16 Nov 2020 17:58
      Last Modified: 23 Dec 2020 05:03
      URI: https://repository.petra.ac.id/id/eprint/18993

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