ANALISIS PENGARUH UPAH MINIMUM KABUPATEN/KOTA TERHADAP HARGA PROPERTI RESIDENSIAL TIPE KECIL

Raden Nugroho Pitoro Nur Mohammad; Muhammad Halley Yudhistira

doi:10.14710/jwl.13.3.29-40

DOI: https://doi.org/10.14710/jwl.13.3.29-40

ANALISIS PENGARUH UPAH MINIMUM KABUPATEN/KOTA TERHADAP HARGA PROPERTI RESIDENSIAL TIPE KECIL

*Raden Nugroho Pitoro Nur Mohammad - Fakultas Ekonomi dan Bisnis, Magister Perencanaan Ekonomi dan Kebijakan Pembangunan, Universitas Indonesia, Jakarta, Indonesia., Indonesia

Muhammad Halley Yudhistira - Fakultas Ekonomi dan Bisnis, Magister Perencanaan Ekonomi dan Kebijakan Pembangunan, Universitas Indonesia, Jakarta, Indonesia, Indonesia

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Citation Format:

Abstract

Penelitian ini bertujuan untuk mengidentifikasi pengaruh perubahan Upah Minimum Kabupaten/Kota (UMK) terhadap harga properti residensial tipe kecil secara empiris. Studi ini dilatarbelakangi oleh kekhawatiran bahwa peningkatan daya beli akibat kenaikan UMK dapat mendorong kenaikan harga properti, khususnya untuk rumah tipe kecil yang menjadi sasaran kelompok berpenghasilan rendah. Penelitian ini menggunakan model fixed-effect dengan data panel dari 16 kota besar di Indonesia selama periode 2016–2022, serta sejumlah variabel kontrol seperti PDRB konstruksi, PDRB ADHK, tingkat pengangguran, dan realisasi FLPP. Hasil estimasi menunjukkan bahwa kenaikan UMK tidak berpengaruh signifikan terhadap harga properti residensial tipe kecil. Temuan ini memiliki implikasi penting terhadap kebijakan perumahan dan pengupahan, bahwa peningkatan UMK tidak serta-merta memicu lonjakan harga properti. Studi ini memperkuat literatur mengenai hubungan antara kebijakan ekonomi makro dan dinamika harga properti di Indonesia.

Fulltext View|Download

Keywords: Daya Beli; Fixed-effect; Harga Properti; Residensial Tipe Kecil; Upah Minimum.

Article Metrics:

Article Info

Section: Research Articles

Language : ID

In Vol 13, No 3 (2025): Desember 2025

Recent articles

Kontribusi Kebakaran Hutan terhadap Distribusi Spasial Gas CO2 Akibat Fenomena El Nino di Provinsi Jambi STRATEGI PENGURANGAN RISIKO BENCANA BANJIR PADA DAS KIRASA, KABUPATEN BULUKUMBA Urban Sprawl and Its Impacts on Land Cover Change in the Outskirts of the Surabaya Metropolitan Area More recent articles

Albouy, D., & Ehrlich, G. (2016). Housing demand, cost-of-living inequality, and the affordability crisis. Regional Science and Urban Economics, 60, 215–228. https://doi.org/10.1016/j.regsciurbeco.2016.07.004
Anggrainy, K. (2013). Analisis dampak kenaikan Upah Minimum Kota (UMK) terhadap kesempatan kerja: Studi kasus Kota Malang periode 2001–2011 (Skripsi). Universitas Brawijaya
Barlindhaug, R., & Nordahl, B. I. (2017). Developers’ price setting behaviour in urban residential redevelopment projects. Journal of European Real Estate Research, 11(1), 71–86. https://doi.org/10.1108/JERER-03-2017-0014
Belke, A., & Keil, J. (2018). Fundamental determinants of real-estate prices: A panel study of German regions. International Advances in Economic Research, 24(1), 25–45. https://doi.org/10.1007/s11294-018-9671-2
Bintang, A., & Agustina, D. (2020). Determinants of residential property prices in Indonesia: A panel data analysis. Jurnal Ekonomi dan Kebijakan Publik, 15(2), 123–138
Fauzia, L. R. (2019). Determinan harga rumah di Indonesia. DINAMIKA: Jurnal Ekonomi Pembangunan, 11(1), 61–68
Gan, Q., & Hill, R. J. (2009). Measuring housing affordability: Looking beyond the median. Journal of Housing Economics, 18(2), 115–125. https://doi.org/10.1016/j.jhe.2009.04.003
Goodman, A. C., & Thibodeau, T. G. (2008). Where are the speculative bubbles in US housing markets? Journal of Housing Economics, 17(2), 117–137. https://doi.org/10.1016/j.jhe.2007.12.001
Gyourko, J., Mayer, C., & Sinai, T. (2013). Superstar cities. American Economic Journal: Economic Policy, 5(4), 167–199. https://doi.org/10.1257/pol.5.4.167
Hilber, C. A., & Vermeulen, W. (2016). The impact of supply constraints on house prices in England. Economic Journal, 126(591), 358–405. https://doi.org/10.1111/ecoj.12213
Kementerian Pekerjaan Umum dan Perumahan Rakyat. (2021). Laporan Akhir Backlog Perumahan Nasional 2020–2021. Direktorat Jenderal Perumahan, Kementerian PUPR
Kim, K.-H., & Lee, S.-H. (2010). How does labor market policy affect housing markets? Urban Studies, 47(7), 1425–1445
Liang, W., Lu, M., & Zhang, H. (2016). Housing prices raise wages: Estimating the unexpected effects of land supply regulation in China. Journal of Housing Economics, 33, 70–81. https://doi.org/10.1016/j.jhe.2016.07.002
Lum, S. K., & Zhou, X. (2019). Urban housing affordability: Assessing the effectiveness of policy interventions in the Singapore public housing sector. International Real Estate Review, 22(4), 597–625. https://doi.org/10.53383/100292
Meen, G. (2001). Modelling Spatial Housing Markets: Theory, Analysis and Policy. Kluwer Academic Publishers
Nurkhayati, F., & Fitrady, A. (2023). The impact of immigration on urban housing prices in Indonesia. International Journal of Housing Markets and Analysis. https://doi.org/10.1108/IJHMA-08-2022-0114
Rahmawati, D., & Rukmana, D. (2022). The financialization of housing in Indonesia: Actors and their roles in the transformation of housing production. Cities, 131, 103918. https://doi.org/10.1016/j.cities.2022.103918
Saks, R. E. (2008). Job creation and housing construction: Constraints on metropolitan area employment growth. Journal of Urban Economics, 64(1), 178–195. https://doi.org/10.1016/j.jue.2007.12.003
Tiwari, P., & Parikh, J. (1998). Affordability and the housing markets in developing countries. Journal of Housing Economics, 7(4), 280–297
Tu, Q., de Haan, J., & Boelhouwer, P. (2016). House prices and long-term equilibrium in the Netherlands. Applied Economics, 48(47), 4607–4618
Zabel, J. E. (2012). Migration, housing market dynamics, and regional housing price appreciation. Journal of Housing Economics, 21(2), 115–135. https://doi.org/10.1016/j.jhe.2012.02.001
Zuo, F., & Zhang, J. (2018). The effects of minimum wage on regional housing affordability: Evidence from China. China Economic Review, 51, 105–120

Last update:

No citation recorded.

Last update:

No citation recorded.

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

As an article writer, the author has the right to use their articles for various purposes, including use by institutions that employ authors or institutions that provide funding for research. Author rights are granted without special permission.

Author who publishes a paper at JWL has the broad right to use their work for teaching and scientific purposes without the need to ask permission, including: used for (i) teaching in the author's class or institution, (ii) presentation at meetings or conferences and distributing copies to participants ; (iii) training conducted by the author or author's institution; (iv) distribution to colleagues for research use; (v) use in the compilation of subsequent authors' works; (vi) inclusion in a thesis or dissertation; (vi) reuse of part of the article in another work (with citation); (vii) preparation of derivative works (with citation); (viii) voluntary posting on open websites operated by authors or author institutions for scientific purposes (follow the CC BY-NC-SA 4.0 License).

Authors and readers can copy and redistribute material in any media or format, and mix, modify, and build material for any purpose but they must provide appropriate credit (provide article citation or content), providing links to the license, and indicate if there are changes.

The authors submitting a manuscript do so on the understanding that if accepted for publication, copyright of the article shall be assigned to Jurnal Wilayah dan Lingkungan (JWL). Copyright encompasses rights to reproduce and deliver the article in all form and media, including reprints, photographs, microfilms and any other similar reproductions, as well as translations.

Reproduce any part of this journal, its storage in the database or its transmission by all forms or media is permitted does not need for written permission from JWL. However, it should be cited as an honor in academic manners

JWL and the Department of Urban and Regional Planning of Diponegoro University and the Editor make every effort to ensure that there are no data, opinions, or false or misleading statements published in JWL. However, the content of the article is the sole and exclusive responsibility of each author.

The Copyright Transfer Form can be downloaded here: [Copyright Transfer Form - Indonesian] [Copyright Transfer Form - English]. The copyright form should be signed originally and send to the Editor in the form of printed letters, scanned documents sent via email or fax.