Millennials Finding It Harder to Buy Their Dream Homes

Millennials, also known as Generation Y, refer to those born between 1980 and 1995. This demographic group is now in their productive age and many of them are the first-time homeowners.

KOMPAS/AGUS SUSANTO

An aerial photo shows a landed house in Setiasih Village, Tarumajaya District, Bekasi Regency, West Java, Thursday (30/9/2021).

Minimum wage workers in Jakarta can only buy houses in remote areas with minimal access to public transportation. The mass transit system should therefore be expanded to areas of new growth.

JAKARTA, KOMPAS — Workers and millennials living in Jakarta on minimum wages can only buy small houses located 30-50 kilometers from the city center. At the same time, the current mass transit system does not serve new settlements that extend to the outskirts of Greater Jakarta.