{
    "success": true,
    "data": {
        "id": 1192052,
        "msgid": "legislators-blast-developers-1447893297",
        "date": "1995-12-06 00:00:00",
        "title": "Legislators blast developers",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "Legislators blast developers JAKARTA (JP): The House of Representatives expressed concern yesterday that most major developers have failed to abide by a ruling requiring them to build three medium-class and six low- cost houses for each luxury house they construct.",
        "content": "<p>Legislators blast developers<\/p>\n<p>JAKARTA (JP): The House of Representatives expressed concern<br>\nyesterday that most major developers have failed to abide by a<br>\nruling requiring them to build three medium-class and six low-<br>\ncost houses for each luxury house they construct.<\/p>\n<p>Freddy Latumahina of the Group faction said in a hearing<br>\ninvolving House Commission V and State Minister of Public Housing<br>\nAkbar Tandjung here that the developers of the Lippo Cikarang<br>\nhousing complex, for example, have not built low-cost houses<br>\nthere even though a number of luxury houses have been<br>\nconstructed.<\/p>\n<p>Other House members voiced their fear that such shirking of<br>\nresponsibilities had also happened at many other developments.<\/p>\n<p>Minister Akbar affirmed that his office will continue to<br>\npressure developers to build low-cost houses along with luxurious<br>\nhouses.<\/p>\n<p>He did not specify why the developers had not yet fulfilled<br>\nthe requirement.<\/p>\n<p>But analysts point out that the small profit margin in the<br>\nconstruction of modest houses is the main factor contributing to<br>\ndevelopers' reluctance to build this type of house.<\/p>\n<p>Both the minister and the House members agreed that the<br>\nhousing issue could easily turn into a political problem if the<br>\ndevelopment of modest houses does not proceed as expected.<\/p>\n<p>The 1:3:6 ratio requirement is also seen as an attempt to<br>\nnarrow the widening gap between rich and poor, a problem many<br>\nanalysts consider increasingly urgent.<\/p>\n<p>The analysts voiced this view after a series of housing<br>\nproblems in Jakarta and outside recently. Among them was the case<br>\nof a developer that absconded with investors' money.(13)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/legislators-blast-developers-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}