Expat housing is a strange issue for me as I just can't see the point of spending crazy amounts of money on a house when you can get somewhere perfectly good, but at far less cost.
It seems the immigration issues, and possible other factors are forcing prices down.
I was interested to note the continued use of the US dollar, now illegal in domestic transactions, wondering if anyone will stamp down on it.
Several electronics shops also quote in Dollars, I assume to try to screw extra cash out of me.
I always and immediately ask them to quote in Rupiah and, if they refuse, I walk out.
http://jakartaglobe.beritasatu.com/busi … -flexible/
Jakarta. Slow demand for housing from expatriate markets is making landlords in Indonesia more accommodating to their customers, including by offering lower rents and providing additional amenities like home furnishing, a report from property market research group Colliers International said.